Methodology of the countries’ economic development data analysis

Authors

DOI:

https://doi.org/10.20535/SRIT.2308-8893.2023.4.02

Keywords:

machine learning, digital development, fuzzy clustering, radial basis neural networks, logistic regression, analysis of variables informativeness

Abstract

The paper examines the issue of improving the methods of identification of economic objects and their analysis using algorithms of intelligent data processing. The use of the developed methodology in the economic analysis allows for improvement in the quality of management. It can be the basis for creating decision support systems to prevent potentially dangerous changes in the economic status of the research object. In this work, an improved method of c-means data clustering with agent-oriented modification is proposed, and a radial-basis neural network and its extension are proposed to determine whether the obtained clusters are relevant and to analyze the informativeness of state variables and obtain a subset of informative variables. The effect of applying data compression using an autoencoder on the accuracy of the methods is also considered. According to the results of testing of the developed methodology, it was proved that the probability of incorrect determination of the state was reduced when identifying the states of economic systems, and a reduced value of the error of the third kind was obtained when classifying the states of objects.

Author Biographies

Volodymyr Donets, V. N. Karazin Kharkiv National University, Kharkiv

Ph.D. student at the Department of Theoretical and Applied System Engineering of V. N. Karazin Kharkiv National University, Kharkiv, Ukraine.

Viktoriia Strilets, V. N. Karazin Kharkiv National University, Kharkiv

Candidate of Technical Sciences (Ph.D.), an associate professor at the Department of Theoretical and Applied System Engineering of V. N. Karazin Kharkiv National University, Kharkiv, Ukraine.

Mykhaylo Ugryumov, V. N. Karazin Kharkiv National University, Kharkiv

Doctor of Technical Sciences, a professor at the Department of Theoretical and Applied System Engineering of V. N. Karazin Kharkiv National University, Kharkiv, Ukraine.

Dmytro Shevchenko, V. N. Karazin Kharkiv National University, Kharkiv

Ph.D. student at the Department of Theoretical and Applied System Engineering of V. N. Karazin Kharkiv National University, Kharkiv, Ukraine.

Svitlana Prokopovych, Simon Kuznets Kharkiv National University of Economics, Kharkiv

Candidate of Economic Sciences (Ph.D.), an associate professor at the Department of Economic Cybernetics and System Analysis of Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine.

Liubov Chagovets, Simon Kuznets Kharkiv National University of Economics, Kharkiv

Candidate of Economic Sciences (Ph.D.), an associate professor at the Department of Economic Cybernetics and System Analysis of Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine.

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Published

2023-12-26

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Section

Decision making and control in economic, technical, ecological and social systems