Permutation Entropy as the Measure of Globalization Process

Abstract

The applicationMiśkiewicz, Janusz of permutation entropy as the globalization measure is discussed within this paper. In order to verify the stated hypothesis the following time series were investigated: CO$$_2$$emission, CPI, employment rate and GDP and the countries were grouped such that the groups differ in globalization level. The received results support the thesis that the objective globalization measure can be based on the permutation entropy.