A COMPARISON OF TURKEY WITH THE MEMBERS OF ASSOCIATION OF SOUTHEAST ASIAN NATIONS WITH REGARDS TO HUMAN CAPITAL PERFORMANCE BY CRITIC AND COPRAS METHODS
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Keywords

human capital
multi-criteria decision making techniques
COPRAS method
CRITIC method
ASEAN countries

How to Cite

MASCA, M., & İNKAYA, A. (2022). A COMPARISON OF TURKEY WITH THE MEMBERS OF ASSOCIATION OF SOUTHEAST ASIAN NATIONS WITH REGARDS TO HUMAN CAPITAL PERFORMANCE BY CRITIC AND COPRAS METHODS. Review of Management and Economic Engineering, 21(2), 101–105. https://doi.org/10.71235/rmee.74

Abstract

This study aims at using the CRITIC (Criteria Importance Through Intercriteria Correlation) and COPRAS (Complex Proportional Assessment) techniques to evaluate the members of Association of Southeast Asian Nations according to the performance of human capital. In the analysis, a hybrid technique was applied. The CRITIC and COPRAS methodologies are combined in this integrated model. The objective weights of the criteria were determined using the CRITIC approach. For the purpose of ranking the countries according to human capital performance, the COPRAS technique was utilized. Countries' human capital is measured using the infant mortality rate (per 1,000 live births), unemployment rate (percentage of the total labor force), average life expectancy at birth, total (years), labor force participation rate (percentage of the total population aged 15-64), current health expenditure (percentage of GDP), internet users (percentage of the total population), and population aged 15-64 (percentage of the total population). The data covers the years of 2016, 2017 and 2018. According to the results, Thailand has the best performance from the point of human capital in all examined period. Indonesia has the worst performance in 2016 and Lao has the worst performance in 2017 and 2018. Turkey has a performance in ninth rank in all periods.

https://doi.org/10.71235/rmee.74
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