Comparison of Business Environments in Oil-Rich MENA Countries: A Clustering Analysis of Economic Diversification and Performance

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dc.contributor.authorAker, Sule L.
dc.contributor.authorAghaei, Iman
dc.date.accessioned2026-02-06T18:47:28Z
dc.date.issued2019
dc.departmentDoğu Akdeniz Üniversitesi
dc.description.abstractThe purpose of present research is to cluster 11 oil-richest MENA countries; Algeria, Egypt, Iran, Iraq, Kuwait, Libya, Oman, Qatar, Saudi Arabia, Sudan, and the United Arab Emirates regarding economic diversification and performance during 2010-2016 using K-means algorithm which is a versatile data mining technique. The major finding is that higher export diversity in addition to better economic performance can influence competitiveness of business environment of the countries positively and vice versa. The studied nations are partitioned into four clusters. Qatar and UAE with highest economic diversity and performance have the most favorable business environments in the region.
dc.identifier.doi10.1080/1540496X.2018.1537185
dc.identifier.endpage2885
dc.identifier.issn1540-496X
dc.identifier.issn1558-0938
dc.identifier.issue12
dc.identifier.orcid0000-0003-0094-5146
dc.identifier.scopus2-s2.0-85060469551
dc.identifier.scopusqualityQ1
dc.identifier.startpage2871
dc.identifier.urihttps://doi.org/10.1080/1540496X.2018.1537185
dc.identifier.urihttps://hdl.handle.net/11129/14406
dc.identifier.volume55
dc.identifier.wosWOS:000475644200013
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherRoutledge Journals, Taylor & Francis Ltd
dc.relation.ispartofEmerging Markets Finance and Trade
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WoS_20260204
dc.subjectBusiness environment
dc.subjecteconomic diversification
dc.subjecteconomic performance
dc.subjectK-means clustering algorithm
dc.subjectMENA countries
dc.titleComparison of Business Environments in Oil-Rich MENA Countries: A Clustering Analysis of Economic Diversification and Performance
dc.typeArticle

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