Application of cluster models in forecasting housing construction economic potential in the region

The article introduces the first econometric modeling of the needs in new housing construction, reconstruction, capital repairs and finishing of uncompleted construction objects in the region on the basis of cluster models. Forecasting diagrams of gaps between the existing economic potential of hous...

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Bibliographic Details
Published in:E3S web of conferences 2020-01, Vol.217, p.11006
Main Authors: Sievka, Victoria, Shevchuk, Igor, Stepanov, Aleksey, Tykhankina, Oksana
Format: Article
Language:English
Subjects:
Clusters
Construction
Economic forecasting
Economic models
Forecasting
Housing
Mathematical models
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Summary:The article introduces the first econometric modeling of the needs in new housing construction, reconstruction, capital repairs and finishing of uncompleted construction objects in the region on the basis of cluster models. Forecasting diagrams of gaps between the existing economic potential of housing construction and a normative need in sector housing as well as the need in introducing sector housing to reach mean European standards of housing are plotted.
ISSN:2267-1242
2555-0403
2267-1242
DOI:10.1051/e3sconf/202021711006