ANALYSIS OF REGIONAL INVESTMENT POSITION USING FUZZY CLUSTERS
ANALYSIS OF REGIONAL INVESTMENT POSITION USING FUZZY CLUSTERS
Author(s): Katsiaryna NavitskayaSubject(s): Economy
Published by: Mykolas Romeris University
Keywords: investments; regional development; membership function; fuzzy clusters
Summary/Abstract: The paper presents the result of investment position’s evaluation of Grodno counties in 2008-2013. The concept includes the estimation of the lower level of the regional economy (17 regions and the main city Grodno). Using of fuzzy clusters lets to receive gradual transition of counties. At first we received fuzzy clusters and membership functions for regions with similar socio-economic development. Then we analyzed investment positions and value of investments of counties. In the end, we estimated the impact of investments in socio-economic development and drew some conclusions. The methodology can be used for regional investment position evaluation by investors or governance.
Journal: Intelektinė ekonomika
- Issue Year: 8/2014
- Issue No: 2
- Page Range: 52-65
- Page Count: 14
- Language: English