Cross-Industry and Cross-Country Comparative Cluster Analysis

  • Julia Koralun-Bereźnicka
Part of the Contributions to Management Science book series (MANAGEMENT SC.)


Graphical creation of clusters can be presented in the form of a tree diagram. The result of applying the agglomerative algorithm for industries based on the average ratios for all countries in the whole research period is a hierarchical tree, shown in Fig. 4.1.


Real Estate Debt Ratio Profitability Ratio Country Effect Industry Effect 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


  1. Migdał-Najman, K., & Najman, K. (2006). Wykorzystanie indeksu silhouette do ustalania optymalnej liczby skupień. Wiadomości Statystyczne, 6, 1–10.Google Scholar
  2. Sagan, A. Przykłady zaawansowanych technik analitycznych w badaniach marketingowych. Accessed 12 August 2009.

Copyright information

© Springer International Publishing Switzerland 2013

Authors and Affiliations

  • Julia Koralun-Bereźnicka
    • 1
  1. 1.Faculty of ManagementUniversity of GdańskSopotPoland

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