Parametric Stability Control of Socio-economic Systems

Journal Title: Бізнес Інформ - Year 2014, Vol 6, Issue 0

Abstract

This paper proposes a method of parametric dynamic stability control of socio-economic systems. It was noted that the effective functioning of the socio-economic systems depends on their sustainable development. The problems of the development of deterministic modeling approaches which allow to analyze the stability of the dynamics of the socio-economic system and to make management decisions on the parametric resource management system for the conservation and sustainable development of this system. The broad and generalized notion of stability of the socio-economic system was given. A detailed description of the proposed method, which consists of eleven stages, the most important of which are: selection of key indicators of sustainable development system, a study of its trends, determine the coordinates of the indicator and the permissible limits of change in the future, the expansion indicator on the parameters that can be controlled, and their analysis on the basis of chain substitutions, direct control parameters of the system and evaluate the effectiveness of managerial influence. The proposed method was tested using data on the activities of construction companies, as well as on the basis of data on the development of industrial production in Ukraine.

Authors and Affiliations

Daniil Revenko, Vasyl Lyba, Anastasiia Temnikova

Keywords

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  • EP ID EP88930
  • DOI -
  • Views 150
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How To Cite

Daniil Revenko, Vasyl Lyba, Anastasiia Temnikova (2014). Parametric Stability Control of Socio-economic Systems. Бізнес Інформ, 6(0), 98-102. https://europub.co.uk/articles/-A-88930