USING MULTILEVEL MODELING TECHNIQUES FOR SOCIAL AND ECONOMIC MONITORING

Stanislav Dubykivskyi () and Sergiy Holub ()
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Stanislav Dubykivskyi: Institute of Social and Economic Development, Kyiv
Sergiy Holub: Institute of Social and Economic Development, Kyiv

CBU International Conference Proceedings, 2016, vol. 4, issue 0, 106-109

Abstract: This paper studies the experience of applying the existing methods of modeling in the field of economic monitoring. The method of Group Method of Data Handling (GMDH) is suggested as an alternative for economic modeling. The research calculates and builds inductive models describing gross domestic productivity (GDP) using economic indices that are characteristic of the countries with developed information economies. The resulting models are then clustered by similar features. The obtained results are briefly analyzed.

Keywords: multilevel modelinginformation economy; GMDH; economic monitoring; model of development (search for similar items in EconPapers)
JEL-codes: C00 F5 O1 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:aad:iseicj:v:4:y:2016:i:0:p:106-109

DOI: 10.12955/cbup.v4.750

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