Use of different multi-criteria ranking techniques in assessing the development of organic production
Organic farming has emerged as an alternative to conventional agricultural production, which is particularly pronounced in the member states of the European Union. Given the large number of indicators used in statistical systems to describe the state of organic production, this paper aims to apply t...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | srp |
| Published: |
University Business Academy - Faculty of Economics and Engineering Management, Novi Sad, Serbia
2024-01-01
|
| Series: | Ekonomija: teorija i praksa |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/2217-5458/2024/2217-54582403033Q.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | Organic farming has emerged as an alternative to conventional agricultural production, which is particularly pronounced in the member states of the European Union. Given the large number of indicators used in statistical systems to describe the state of organic production, this paper aims to apply techniques from multivariate statistical analysis and multi-criteria decision-making to rank EU member states based on the development of organic production. Two techniques, Ivanović's I-distance and the MABAC method, were applied with the use of five criteria. These techniques have proven effective for this type of ranking, and it is recommended to use at least two techniques to validate the results obtained. |
|---|---|
| ISSN: | 2217-5458 2620-0228 |