Analysis of the Interrelations of Economic Indicators as a Tool for Predicting Regional Financial Instability

DOI

10.2991/aebmr.k.200312.394How to use a DOI?

Abstract

One of instruments of forecasting of financial instability of regions of Russia is quantitative and qualitative estimates of interrelations between regional macroeconomic indicators. Research objective is selection of the most adequate models of establishment of interrelations between indicators of regional financial stability, their specification, assessment of parameters, quality check of models and interpretation of the received results. For carrying out the analysis financial performance of regional statistics is clusted on federal to districts and is investigated as panel structure of data. The principal component method which allowed to generate a new regressor in the form of the first main components is applied to elimination of multicollinearity between economic indicators in models.

Copyright

© 2020, 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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TY  - CONF
AU  - Yu V Granitsa
PY  - 2020
DA  - 2020/03/17
TI  - Analysis of the Interrelations of Economic Indicators as a Tool for Predicting Regional Financial Instability
BT  - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)
PB  - Atlantis Press
SP  - 2772
EP  - 2779
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200312.394
DO  - 10.2991/aebmr.k.200312.394
ID  - Granitsa2020
ER  -