Abstract

The article is devoted to the use of Bayesian networks to assess the impact of a complex of regional economic indicators on the competitive ability of the national economy. The paper shows that Bayesian networks (BN) allow us to identify the probabilistic dependence of the structure of economic indicators, which also include innovation and investment indicators of the regions, which can be analyzed in more detail using observations and sensitivity analysis of BN. In this study, it is shown how the multidimensional nature of the relationship with economic, investment-innovative and competitiveness indicators can be used as a decision support tool for politicians in the formation of strategic recommendations to improve the country's economic level.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.