Procedure for Computation and Interpretation of Business Climate Indicator for Ukraine

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Procedure for Computation and Interpretation of Business Climate Indicator for Ukraine

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Title: Procedure for Computation and Interpretation of Business Climate Indicator for Ukraine
Author: Yaschenko, L. О.; Motuzka, О. М.
Abstract: Yaschenko L. О. Procedure for Computation and Interpretation of Business Climate Indicator for Ukraine /L. О. Yaschenko, О. М. Motuzka // EUROPEAN JOURNAL OF ECONOMICS AND MANAGEMENT . - 2016. - V. 1. - I.1.- P. 61-67.
Description: Construction of indicators of business expectations used to monitor the periods of economic growth and recession with monthly or quarterly periodicity and to predict turning points, has become of special importance today. In constructing indicators of business expectations countries tend to use the results from Business Tendency Survey of Enterprises (BTSE) supplying information about the current situation and future expectations of enterprises. The objective of the article is to show the procedure for computation of business climate indicator by use of factor analysis implemented in SPSS. Business climate indicator that sums up the opinions and estimates of many economic agents can be compared with aggregated statistical indicators, such as the seasonally adjusted rates of GDP growth.
URI: http://194.44.12.92:8080/jspui/handle/123456789/1390
Date: 2016


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