PREDICTIVE ANALYSIS IN RURAL ECONOMICS: TOOLS FOR PLANNING AND EVALUATING SUSTAINABLE INVESTMENTS
This article introduces a complex mathematical, economic model for analyzing rural economic development and guiding strategic decisions. Using specific data, it calculates global production, determines direct expense coefficients, and conducts a sensitivity analysis. Parameter adjustments are vital...
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| Format: | Article |
| Language: | English |
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University of Agricultural Sciences and Veterinary Medicine, Bucharest
2024-01-01
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| Series: | Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development |
| Online Access: | https://managementjournal.usamv.ro/pdf/vol.24_3/Art25.pdf |
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| _version_ | 1849334167711514624 |
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| author | Boris COREȚCHI |
| author_facet | Boris COREȚCHI |
| author_sort | Boris COREȚCHI |
| collection | DOAJ |
| description | This article introduces a complex mathematical, economic model for analyzing rural economic development and guiding strategic decisions. Using specific data, it calculates global production, determines direct expense coefficients, and conducts a sensitivity analysis. Parameter adjustments are vital for aligning results with economic reality. The model provides insights for formulating economic policies, emphasizing the need for continuous adjustments amid economic changes. The article aims to analyze two branches of the rural economy through a detailed mathematical model, offering perspectives on economic interactions, optimal resource allocation, and facilitating strategic decision-making. Evaluating the model's results underscores the importance of parameter adjustments for conformity with economic reality, providing a useful framework for economic policies and strategies. In terms of originality, the article highlights the model's essential contribution to economic planning, resource optimization, and risk anticipation. It emphasizes the utility of transparently communicating economic policies for sustainable development. In conclusion, the importance of a complex mathematical and economic model for evaluating and making strategic decisions in rural economy branches. Continuous parameter adjustments are crucial, providing a valuable framework for economic planning and supporting sustainable development. |
| format | Article |
| id | doaj-art-502e7fabff1245399dc9c4836836ea48 |
| institution | Kabale University |
| issn | 2284-7995 2285-3952 |
| language | English |
| publishDate | 2024-01-01 |
| publisher | University of Agricultural Sciences and Veterinary Medicine, Bucharest |
| record_format | Article |
| series | Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development |
| spelling | doaj-art-502e7fabff1245399dc9c4836836ea482025-08-20T03:45:39ZengUniversity of Agricultural Sciences and Veterinary Medicine, BucharestScientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development2284-79952285-39522024-01-0124323924695PREDICTIVE ANALYSIS IN RURAL ECONOMICS: TOOLS FOR PLANNING AND EVALUATING SUSTAINABLE INVESTMENTSBoris COREȚCHIThis article introduces a complex mathematical, economic model for analyzing rural economic development and guiding strategic decisions. Using specific data, it calculates global production, determines direct expense coefficients, and conducts a sensitivity analysis. Parameter adjustments are vital for aligning results with economic reality. The model provides insights for formulating economic policies, emphasizing the need for continuous adjustments amid economic changes. The article aims to analyze two branches of the rural economy through a detailed mathematical model, offering perspectives on economic interactions, optimal resource allocation, and facilitating strategic decision-making. Evaluating the model's results underscores the importance of parameter adjustments for conformity with economic reality, providing a useful framework for economic policies and strategies. In terms of originality, the article highlights the model's essential contribution to economic planning, resource optimization, and risk anticipation. It emphasizes the utility of transparently communicating economic policies for sustainable development. In conclusion, the importance of a complex mathematical and economic model for evaluating and making strategic decisions in rural economy branches. Continuous parameter adjustments are crucial, providing a valuable framework for economic planning and supporting sustainable development.https://managementjournal.usamv.ro/pdf/vol.24_3/Art25.pdf |
| spellingShingle | Boris COREȚCHI PREDICTIVE ANALYSIS IN RURAL ECONOMICS: TOOLS FOR PLANNING AND EVALUATING SUSTAINABLE INVESTMENTS Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development |
| title | PREDICTIVE ANALYSIS IN RURAL ECONOMICS: TOOLS FOR PLANNING AND EVALUATING SUSTAINABLE INVESTMENTS |
| title_full | PREDICTIVE ANALYSIS IN RURAL ECONOMICS: TOOLS FOR PLANNING AND EVALUATING SUSTAINABLE INVESTMENTS |
| title_fullStr | PREDICTIVE ANALYSIS IN RURAL ECONOMICS: TOOLS FOR PLANNING AND EVALUATING SUSTAINABLE INVESTMENTS |
| title_full_unstemmed | PREDICTIVE ANALYSIS IN RURAL ECONOMICS: TOOLS FOR PLANNING AND EVALUATING SUSTAINABLE INVESTMENTS |
| title_short | PREDICTIVE ANALYSIS IN RURAL ECONOMICS: TOOLS FOR PLANNING AND EVALUATING SUSTAINABLE INVESTMENTS |
| title_sort | predictive analysis in rural economics tools for planning and evaluating sustainable investments |
| url | https://managementjournal.usamv.ro/pdf/vol.24_3/Art25.pdf |
| work_keys_str_mv | AT boriscoretchi predictiveanalysisinruraleconomicstoolsforplanningandevaluatingsustainableinvestments |