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Modeling of external factors impact the development of competitive of industrial enterprises

Journal: Herald of the Economic Sciences of Ukraine (Vol.26, No. 2)

Publication Date:

Authors : ;

Page : 94-98

Keywords : gross domestic product; external factors; multivariate correlation analysis; model; enterprise; turbulence; environment;

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In this article a multi-factor correlation model of Ukraine's GDP in view of external factors impact the development of competitive of industrial enterprises. One of the essential performance of the economy is gross domestic product, the dynamics of which depends on many factors. Actual acts of Ukraine's GDP dynamics analysis and identify significant factors external impact of competitive development of industrial enterprises on the figure by using modern methods of analysis. Proposed to study the dynamics of GDP, depending on external factors influence, in particular - the investment in fixed assets, foreign direct investment in the economy, the average monthly wage, gross external debt volume of industrialmetal products using multivariate regression correlation. The results of the calculations on the relationship between the choice of form factors and effective sign showed that among linear, quadratic, cubic and logarithmic dependencies more closely approximates the original data to investigate the influence of factors on the gross domestic product of linear empirical relationship. Model was significant and adequate to modern economic conditions, so it is advisable to use it to predict the volume of GDP for the future, taking into account the factors of influence. Improving long-term forecasting of gross domestic product based on econometric modeling allows you to create a strategy for the development of Ukraine's long-term perspective. Research on the competitive development of industrial enterprises should cover internal and external factors impact, particularly near and far surroundings. Determining factors of turbulence revealed the most significant factors influencing the company, among them - to take military action (far environment), consumers and banking institutions (local environment).

Last modified: 2017-03-30 22:21:35