Modelling Economic Potential of the Region (Zaporizhia Oblast Example)

Krymska Liubov O. () and Popova Marharyta V. ()
Additional contact information
Krymska Liubov O.: Zaporizhzhya National Technical University
Popova Marharyta V.: Zaporizhzhya National Technical University

Business Inform, 2014, issue 2, 122_127

Abstract: The article shows methodological grounds of construction of the model of economic potential of the region and selects indicators of main structure forming elements of economic potential on the basis of the resource approach to its determination, which could be used for construction of a mathematical model and also for assessment of economic potential. The article considers methods of construction of a mathematical model of economic potential of the region on the basis of the correlation and regression analysis and method of construction of neural networks. It develops a model of economic potential of the Zaporizhia oblast on the basis of construction of a neural network with the use of the Deductor Studio Academic software. The considered methods of construction of the model of economic potential could be used for construction of models of potential of other oblasts. Such models could be used for assessment of influence of each of indicators of structure forming components of economic potential upon the value of the gross regional product, short-term and medium-term forecasting of development of the region, development of programmes of regional development by local bodies of authority and identification of maximally possible gross regional product under condition of use of the whole available volume of resources.

Keywords: economic potential; indicators of structural components of economic potential; model; multiple regression; neural network (search for similar items in EconPapers)
Date: 2014
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.business-inform.net/pdf/2014/2_0/122_127.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:idp:bizinf:y:2014:i:2:p:122_127

Access Statistics for this article

Business Inform is currently edited by Ponomarenko Vladimir S.

More articles in Business Inform from RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics
Bibliographic data for series maintained by Khaustova Viktoriia ().