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Role of Target Indicators in Determination of Prognostic Estimates for the Construction Industry

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  • Zalunina Olha M.

    (Kremenchuk Mykhailo Ostrohradskyi National University)

Abstract

The article considers interrelation of planning and forecasting in the construction industry. It justifies a need of determining key indicators for specific conditions of formation of the market model of development of economy, inconstant volumes of production in industry, absence of required volumes of investments for technical re-equipment of the branch, absence of sufficient volumes of own primary energy carriers, sharp growth of prices on imported energy carriers, absence of the modern system of tariffs on electric energy, and inefficiency of energy saving measures. The article offers to form key indicators on the basis of a factor analysis, which envisages stage-by-stage transformation of the matrix of original data with the result of "compression" of information. This allows identification of the most significant properties that influence economic state of the region under conditions of use of minimum of original information. The article forms key target indicators of the energy sector for the Poltava oblast. It calculates, using the proposed method, prognostic values of key indicators of territorial functioning for the Poltava oblast.

Suggested Citation

  • Zalunina Olha M., 2014. "Role of Target Indicators in Determination of Prognostic Estimates for the Construction Industry," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 3, pages 160-165.
  • Handle: RePEc:idp:bizinf:y:2014:i:3:p:160_165
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