Proceedings of the 2nd International Conference on Economy, Management and Entrepreneurship (ICOEME 2019)

Regression-matrix Model and Its Application in Socio-economic Foresight

Authors
Valery Davnis, Tatiana Pankova, Elizaveta Shulgina
Corresponding Author
Valery Davnis
Available Online June 2019.
DOI
10.2991/icoeme-19.2019.29How to use a DOI?
Keywords
matrix predictor; autoregression models; multidimensionality; systemic balance; socio-economic foresight
Abstract

This paper proposes a regression-matrix model for predicting the socio-economic development of regional systems. The ability to build up such a model provides for the classification of indicators into groups depending on their socio-economic purpose. The structured data presentation has led to the pre-requisite for a graded construction of models that ensure a proactive balance of the dynamics at two levels: cluster-type and system-based. According to the assumption, group balance should ensure the consistency of the expected growth of each indicator with the group dynamics of the corresponding block. The systemic balance is provided by the introduction of group dynamics indicators in the form of principal components, in turn, the regression-matrix approach is applied.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2nd International Conference on Economy, Management and Entrepreneurship (ICOEME 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
June 2019
ISBN
978-94-6252-747-8
ISSN
2352-5428
DOI
10.2991/icoeme-19.2019.29How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Valery Davnis
AU  - Tatiana Pankova
AU  - Elizaveta Shulgina
PY  - 2019/06
DA  - 2019/06
TI  - Regression-matrix Model and Its Application in Socio-economic Foresight
BT  - Proceedings of the 2nd International Conference on Economy, Management and Entrepreneurship (ICOEME 2019)
PB  - Atlantis Press
SP  - 134
EP  - 140
SN  - 2352-5428
UR  - https://doi.org/10.2991/icoeme-19.2019.29
DO  - 10.2991/icoeme-19.2019.29
ID  - Davnis2019/06
ER  -