Correlation and regression analysis of the investment attractiveness of the petroleum refining industry

The article presents the results of the analysis of the investment attractiveness of the petroleum refining industry using correlation and regression methods. It has been suggested to evaluate the level of investment attractiveness of the petroleum refining industry through capital productivity. A s...

Full description

Bibliographic Details
Main Authors: M. M. Gayfullina, G. Z. Nizamova
Format: Article
Language:Russian
Published: State University of Management 2021-10-01
Series:Управление
Subjects:
Online Access:https://upravlenie.guu.ru/jour/article/view/430
_version_ 1797246293318303744
author M. M. Gayfullina
G. Z. Nizamova
author_facet M. M. Gayfullina
G. Z. Nizamova
author_sort M. M. Gayfullina
collection DOAJ
description The article presents the results of the analysis of the investment attractiveness of the petroleum refining industry using correlation and regression methods. It has been suggested to evaluate the level of investment attractiveness of the petroleum refining industry through capital productivity. A system of indicators affecting the investment attractiveness of the petroleum refining has been formed in the context of resource and production, financial, economic and social groups of factors. This methodology of correlation and regression analysis for modeling factors affecting investment attractiveness has been presented. The methodology includes the construction of a pair correlation, the selection of factors, the construction of a generalised correlation matrix using the “Correlation” tool in the “Data Analysis” package Microsoft Excel, the regression analysis based on the finally selected factors, the construction of the regression equation, the justification of the obtained dependence using the “Regression” tool in the “Data Analysis” package MS Excel.According to the results of calculations for the type of economic activity “Production of coke and petroleum products” in the Russian Federation in dynamics for 2012 –2019, a strong correlation has been revealed between the output-capital ratio and such factors as the oil refining depth, profit from sales and labor productivity.The results of the study can be used to identify significant factors affecting the investment attractiveness of the petroleum refining industry in order to further optimise them.
first_indexed 2024-03-08T18:23:20Z
format Article
id doaj.art-22cc57e24db54614a243dfc6037464b6
institution Directory Open Access Journal
issn 2309-3633
2713-1645
language Russian
last_indexed 2024-04-24T19:40:30Z
publishDate 2021-10-01
publisher State University of Management
record_format Article
series Управление
spelling doaj.art-22cc57e24db54614a243dfc6037464b62024-03-25T11:15:54ZrusState University of ManagementУправление2309-36332713-16452021-10-0193273810.26425/2309-3633-2021-9-3-27-38292Correlation and regression analysis of the investment attractiveness of the petroleum refining industryM. M. Gayfullina0G. Z. Nizamova1Ufa State Petroleum Technological UniversityUfa State Petroleum Technological UniversityThe article presents the results of the analysis of the investment attractiveness of the petroleum refining industry using correlation and regression methods. It has been suggested to evaluate the level of investment attractiveness of the petroleum refining industry through capital productivity. A system of indicators affecting the investment attractiveness of the petroleum refining has been formed in the context of resource and production, financial, economic and social groups of factors. This methodology of correlation and regression analysis for modeling factors affecting investment attractiveness has been presented. The methodology includes the construction of a pair correlation, the selection of factors, the construction of a generalised correlation matrix using the “Correlation” tool in the “Data Analysis” package Microsoft Excel, the regression analysis based on the finally selected factors, the construction of the regression equation, the justification of the obtained dependence using the “Regression” tool in the “Data Analysis” package MS Excel.According to the results of calculations for the type of economic activity “Production of coke and petroleum products” in the Russian Federation in dynamics for 2012 –2019, a strong correlation has been revealed between the output-capital ratio and such factors as the oil refining depth, profit from sales and labor productivity.The results of the study can be used to identify significant factors affecting the investment attractiveness of the petroleum refining industry in order to further optimise them.https://upravlenie.guu.ru/jour/article/view/430investment attractivenesspetroleum refining industryoil conversionproduction of coke and petroleum productioninvestment attractiveness factorsoutput-capital ratiooil refining depthcorrelation and regression analysiscorrelationregression
spellingShingle M. M. Gayfullina
G. Z. Nizamova
Correlation and regression analysis of the investment attractiveness of the petroleum refining industry
Управление
investment attractiveness
petroleum refining industry
oil conversion
production of coke and petroleum production
investment attractiveness factors
output-capital ratio
oil refining depth
correlation and regression analysis
correlation
regression
title Correlation and regression analysis of the investment attractiveness of the petroleum refining industry
title_full Correlation and regression analysis of the investment attractiveness of the petroleum refining industry
title_fullStr Correlation and regression analysis of the investment attractiveness of the petroleum refining industry
title_full_unstemmed Correlation and regression analysis of the investment attractiveness of the petroleum refining industry
title_short Correlation and regression analysis of the investment attractiveness of the petroleum refining industry
title_sort correlation and regression analysis of the investment attractiveness of the petroleum refining industry
topic investment attractiveness
petroleum refining industry
oil conversion
production of coke and petroleum production
investment attractiveness factors
output-capital ratio
oil refining depth
correlation and regression analysis
correlation
regression
url https://upravlenie.guu.ru/jour/article/view/430
work_keys_str_mv AT mmgayfullina correlationandregressionanalysisoftheinvestmentattractivenessofthepetroleumrefiningindustry
AT gznizamova correlationandregressionanalysisoftheinvestmentattractivenessofthepetroleumrefiningindustry