Table 8 Impact of the standardisation...

Table 8

Impact of the standardisation method of variables on the ranking position for individual entities

	GDP		Expenditures		R&D		VA
ranking	St_1	St_2	St_1	St_2	St_1	St_2	St_1	St_2
1	n	n	n	n	k	k	k	k
2	k	k	b	b	f	f	n	n
3	m	m	l	l	p	p	f	f
4	p	p	a	a	g	n	m	m
5	b	b	f	f	m	m	d	d
6	f	f	e	e	a	a	p	p
7	d	d	m	m	e	g	b	b
8	i	i	g	j	n	j	l	l
9	c	c	j	p	j	e	i	i
10	l	l	p	g	o	l	c	c
11	h	h	o	o	l	o	h	a
12	j	a	c	c	c	c	a	h
13	a	j	k	k	h	d	o	j
14	o	o	h	h	b	b	j	o
15	e	e	d	i	d	h	e	e
16	g	g	i	d	i	i	g	g

	GDP	Expenditures	R&D	VA
1	n	n	n	n	k	k	k	k
2	k	k	b	b	f	f	n	n
3	m	m	l	l	p	p	f	f
4	p	p	a	a	g	n	m	m
5	b	b	f	f	m	m	d	d
6	f	f	e	e	a	a	p	p
7	d	d	m	m	e	g	b	b
8	i	i	g	j	n	j	l	l
9	c	c	j	p	j	e	i	i
10	l	l	p	g	o	l	c	c
11	h	h	o	o	l	o	h	a
12	j	a	c	c	c	c	a	h
13	a	j	k	k	h	d	o	j
14	o	o	h	h	b	b	j	o
15	e	e	d	i	d	h	e	e
16	g	g	i	d	i	i	g	g

Note(s): Where

St_1 – standardisation by the first term

St_2 – standardisation by the average

Source(s): Own elaboration

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