Quantitative Assessment of the Dynamics of Socioeconomic Processes

Romualdas Ginevicius (), Martin Schieg, Magdalena Kot-Radojewska and Marta Jarocka
Additional contact information
Romualdas Ginevicius: Bialystok University of Technology, Bia³ystok, Poland
Martin Schieg: Technical University of Munich, Munich, Germany
Magdalena Kot-Radojewska: WSB University, D¹browa, Poland
Marta Jarocka: Bialystok University of Technology, Bia³ystok, Poland

The AMFITEATRU ECONOMIC journal, 2021, vol. 23, issue 57, 504

Abstract: The efficiency of correlation-regression analysis would significantly expand if both of its essential variables – a dependent and an independent – conveyed the information on the dynamic rather than static state of a phenomenon under consideration. For this objective, the dynamic development of the socioeconomic processes should be based on the quantitative assessment. Existing methodologies call for improvement as they do not fully reflect the state of particular phenomena. In this article, authors provide the quantitative assessment methodology to analyse the dynamics of socioeconomic processes. It was applied for assessing real situations, which confirmed adequacy and applicability of this methodology.

Keywords: socioeconomic processes; their fluctuations; quantitative assessment of the fluctuation dynamics. (search for similar items in EconPapers)
JEL-codes: B16 C13 C61 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.amfiteatrueconomic.ro/temp/Article_3015.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aes:amfeco:v:23:y:2021:i:57:p:504

Access Statistics for this article

More articles in The AMFITEATRU ECONOMIC journal from Academy of Economic Studies - Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by Valentin Dumitru ().