RuEn

Journal section "Modeling and prediction"

FOREIGN ECONOMIC ACTIVITY OF THE NWFD REGIONS AND THE REPUBLIC OF BELARUS: CONDITION AND METHODOLOGICAL ASPECTS OF MODELLING

Uskova T.V., Asanovich V.Y., Dedkov S.M., Selimenkov R.Y.

4 (12), 2010

FOREIGN ECONOMIC ACTIVITY OF THE NWFD REGIONS AND THE REPUBLIC OF BELARUS: CONDITION AND METHODOLOGICAL ASPECTS OF MODELLING / Uskova T.V., Asanovich V.Y., Dedkov S.M., Selimenkov R.Y.. Economic and Social Changes: Facts, Trends, Forecast, 2010, no. 4 (12)

Abstract   |   Authors   |   References
The article is devoted to the urgent research issues on the integration and modelling of foreign economic activity from the little-studied aspect of the system of relations “country – region of another country”. The authors examine the background and the tendencies of development of trade and economic integration of the NWFD regions and the Republic of Belarus. The need for use of mathematic tools to model and to predict the integration processes is founded in the article. The authors describe the mathematic apparatus of gravitation, econometric and inter-branch models. In the range of gravitation model the researchers make regression equations to predict the foreign trade turnover and export of the Republic of Belarus to the Russian Federation

Keywords

foreign and economic activity of regions, trade and economic integration, trade turnover, prediction, economic and mathematic modelling

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