Abstract

The paper relates to substantiation of reasonability of applying the mathematical methods to economic researches. The developed by the author algorithm for determining the relevant for Russia foreign experience of the microgeneration sector development on the basis of the Gaussian mixture model is provided as an example. This algorithm used to be successfully applied within the framework of a larger scale research related to the problems of development and increasing of the economic efficiency of the microgeneration sector in Russia. The paper provides for the mathematical description and economic feasibility study of the measures taken. High efficiency of using the quantitative methods for obtaining the results, which are significant from the point of view of the economic feasibility study, is underlined. There are also described the problematic issues of the suggested algorithm and possible ways of solving thereof. Finally, the conclusion is made about a high heuristic value of the above-described algorithm and the reasonability of applying the mathematical methods to economic researches.

Highlights

  • The paper relates to substantiation of reasonability of applying the mathematical methods to economic researches

  • Basic result of application of the aforementioned algorithm was in the fact that there were selected the countries, the electric power generation and distribution systems of which considering social and economic and demographic particularities had, during a specific period of time, maximum similarity with the expected state of the electricity sector of Russia in the case of implementation of the base scenario of development

  • India was excluded in the process of further consideration. The reason for such exclusion was in a rapid growth of the amounts of the electric power generation in the country that did not allow use that experience for Russia, development of the electric power generation and distribution system of which possesses a far more steady mode

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Summary

Introduction

The paper relates to substantiation of reasonability of applying the mathematical methods to economic researches. The developed by the author algorithm for determining the relevant for Russia foreign experience of the microgeneration sector development on the basis of the Gaussian mixture model is provided as an example. We can provide the algorithm for determining relevant for Russia foreign experience of the microgeneration sector development based on the method using the Gaussian mixture model (GMM). The objective of the present paper is in showing the reasonability of applying the GMM as an economic research tool based on the example of the algorithm for determining the relevant for Russia foreign experience of the microgeneration sector development

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