Modeling and Analysis of the Public Procurement Process

EPublic procurement, being a powerful instrument of macroeconomic regulation and a means to prevent crisis tendencies in the economy and secure economic growth, is a form of market activity of the government. The considerably extended range of econometric problems allows for scientifically substanti...

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Main Author: N. B. Tkachenko
Format: Article
Language:English
Published: State Statistics Service of Ukraine, the National Academy of Statistics, Accounting and Audit (NASAA), the National Academy for Public Administration (NAPA) under the President of Ukraine 2015-03-01
Series:Статистика України
Subjects:
Online Access:https://su-journal.com.ua/index.php/journal/article/view/9
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author N. B. Tkachenko
author_facet N. B. Tkachenko
author_sort N. B. Tkachenko
collection DOAJ
description EPublic procurement, being a powerful instrument of macroeconomic regulation and a means to prevent crisis tendencies in the economy and secure economic growth, is a form of market activity of the government. The considerably extended range of econometric problems allows for scientifically substantiated modeling and forecasting of many economic processes that can be interpreted mathematically as conventional random processes. Their modeling can use the advanced mathematical tools, information and communication technologies, enabling for processing large scopes of information and constructing mathematical models of optimal (but not preset) complexity. The study contains analysis of applied aspects of modeling and forecasting of econometric problems related with management of public procurement. Its purpose is to apply the inductive method of mathematical models self-organization to the public procurement process. The method for group accounting of the argument is used to derive correlations of the level of public procurement auctions competitiveness with the total amount of government funds (factor 1), the structure of auctions by value and volume (factor 2). The results show the existence of high stochastic correlations. The derived model can also be used for forecasting purposes.
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spelling doaj.art-d43e07571b934c6185db6892451e764c2022-12-21T20:44:43ZengState Statistics Service of Ukraine, the National Academy of Statistics, Accounting and Audit (NASAA), the National Academy for Public Administration (NAPA) under the President of UkraineСтатистика України2519-18532519-18612015-03-011(68)31359Modeling and Analysis of the Public Procurement ProcessN. B. Tkachenko0Kyiv National University of Trade and EconomicsEPublic procurement, being a powerful instrument of macroeconomic regulation and a means to prevent crisis tendencies in the economy and secure economic growth, is a form of market activity of the government. The considerably extended range of econometric problems allows for scientifically substantiated modeling and forecasting of many economic processes that can be interpreted mathematically as conventional random processes. Their modeling can use the advanced mathematical tools, information and communication technologies, enabling for processing large scopes of information and constructing mathematical models of optimal (but not preset) complexity. The study contains analysis of applied aspects of modeling and forecasting of econometric problems related with management of public procurement. Its purpose is to apply the inductive method of mathematical models self-organization to the public procurement process. The method for group accounting of the argument is used to derive correlations of the level of public procurement auctions competitiveness with the total amount of government funds (factor 1), the structure of auctions by value and volume (factor 2). The results show the existence of high stochastic correlations. The derived model can also be used for forecasting purposes.https://su-journal.com.ua/index.php/journal/article/view/9management of public procurementlevel of auctions competitivenessstructure of auctions by value and volumetheory of self-organizationmodeling
spellingShingle N. B. Tkachenko
Modeling and Analysis of the Public Procurement Process
Статистика України
management of public procurement
level of auctions competitiveness
structure of auctions by value and volume
theory of self-organization
modeling
title Modeling and Analysis of the Public Procurement Process
title_full Modeling and Analysis of the Public Procurement Process
title_fullStr Modeling and Analysis of the Public Procurement Process
title_full_unstemmed Modeling and Analysis of the Public Procurement Process
title_short Modeling and Analysis of the Public Procurement Process
title_sort modeling and analysis of the public procurement process
topic management of public procurement
level of auctions competitiveness
structure of auctions by value and volume
theory of self-organization
modeling
url https://su-journal.com.ua/index.php/journal/article/view/9
work_keys_str_mv AT nbtkachenko modelingandanalysisofthepublicprocurementprocess