Entropy Assessment of the State of Trade Balance
AbstractThe article offers to use entropy indicators along with traditional statistical methods for assessment of the level of diversification of geographic and specific structure of foreign economic turnover of goods and services. Application of the method is useful for identification of unused potential in two-sided relations in the market of goods and services, for increase of their diversity and strengthening their viability.
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Bibliographic InfoArticle provided by RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics in its journal Business Inform.
Volume (Year): (2013)
Issue (Month): 4 ()
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Web page: http://www.business-inform.net
entropy; level of export diversification; geographic structure; two-sided trade relations; trade balance;
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