Quantitative Assessment of the Dynamics of Socioeconomic Processes

Ginevicius Romualdas, Bialystok University of Technology, Biaóystok, Poland, Schieg Martin, Kot-Radojewska Magdalena, Marta Jarocka, Technical University of Munich, Munich, Germany, WSB University, Dùbrowa, Poland, Bialystok University of Technology, Biaóystok, Poland
2021 Amfiteatru Economic  
The efficiency of correlation-regression analysis would significantly expand if both of its essential variablesa dependent and an independentconveyed the information on the dynamic rather than static state of a phenomenon under consideration. For this objective, the dynamic development of the socioeconomic processes should be based on the quantitative assessment. Existing methodologies call for improvement as they do not fully reflect the state of particular phenomena. In this article, authors
more » ... rovide the quantitative assessment methodology to analyse the dynamics of socioeconomic processes. It was applied for assessing real situations, which confirmed adequacy and applicability of this methodology.
doi:10.24818/ea/2021/57/504 fatcat:nxye27f5fjcevd4qazisyrzgva