Analysis of the countries’ business attraction with the ELECTRE-III method-Reference-Cited by-同舟云学术

Analysis of the countries’ business attraction with the ELECTRE-III method

Published:2024 Issue:3 Volume:21 Page:1179-1201
ISSN:1820-0214
Container-title:Computer Science and Information Systems
language:en
Short-container-title:ComSIS

Author:

Garcia-Gastelum Tanya¹,Álvarez Anselmo¹,León-Castro Ernesto²,Uzeta-Obregon Ramón¹

Affiliation:

1. Department of Economic and Management Sciences, Universidad Autómoma de Occidente, Mexico

2. Faculty of Economics and Administrative Sciences, Universidad Católica de la Santísima Concepción. Concepción, Chile

Abstract

Attracting foreign investment is essential for the competitiveness and prosperity of nations. When deciding where to invest, an investor may be interested in considering specific criteria for investing or doing business and preferences for those criteria. In the same way, when evaluating the situation of a country to attract investment, consider different aspects to determine its ease of doing business. The MultiCriteria Decision-Making (MCDM) methodology is suitable for evaluating nations according to their ease of doing business due to the multifactorial elements of each nation. This work applied the ELECTRE-III method; it evaluated 190 nations based on the decision-maker?s preferences, giving different importance to the ten criteria considered in the World Bank?s Doing Business 2020 study. The results with this methodology show better-positioned nations in the ranking compared to the report presented by the World Bank Group.

Publisher

National Library of Serbia

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