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AN APPLICATION OF A MULTICRITERIA RANKING APPROACH TO ASSESSING THE PERFORMANCE OF THE DOMINANT MEXICAN ECONOMIC SECTORS

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This paper proposes a multicriteria model for ranking the functioning of the dominant economic sectors of the Mexican economy. The paper presents a real case study dealing with comparing economic sectors. It includes the problem situation, a suitable problem formulation, and a detailed version of the multicriteria evaluation model. The model considers the multiple dimensions involved in the evaluation. Eighty-nine dominant economic sectors of Mexico represent the alternatives to be considered in the evaluation model. The problem statement is a relative economic comparison of such sectors under a multicriteria ranking purpose from the 2019 Economic Census data. The study found that the model could determine the degree of the overall appeal of an economic sector in contrast to others.

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Global Trade and Competitiveness

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