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Entropy Assessment of the State of Trade Balance


  • Bakurova Anna V.

    () (Classic Private University)


The 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.

Suggested Citation

  • Bakurova Anna V., 2013. "Entropy Assessment of the State of Trade Balance," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 4, pages 138-141.
  • Handle: RePEc:idp:bizinf:y:2013:i:4:p:138_141

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    References listed on IDEAS

    1. Greif, Avner, 1998. "Historical and Comparative Institutional Analysis," American Economic Review, American Economic Association, vol. 88(2), pages 80-84, May.
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