Cluster advantages in the state management of the financial resources of the agricultural sector in the Sakha (Yakutia) Republic

The article is dedicated to the research of possibilities to use multivariate statistical analysis – cluster analysis – in developing measures for state management of the financial resources of agricultural sector in the Sakha (Yakutia) Republic.The research is based on the statistics methodology, t...

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Bibliographic Details
Published in:Statistics and Economics
Main Authors: T. S. Rotar, Т. С. Ротарь
Format: Article in Journal/Newspaper
Language:Russian
Published: Plekhanov Russian University of Economics 2017
Subjects:
Online Access:https://statecon.rea.ru/jour/article/view/1169
Description
Summary:The article is dedicated to the research of possibilities to use multivariate statistical analysis – cluster analysis – in developing measures for state management of the financial resources of agricultural sector in the Sakha (Yakutia) Republic.The research is based on the statistics methodology, theory of economics, and on the regional economics of the Sakha (Yakutia) Republic. Table methods of qualitative data visualization and statistical methods of social and economic phenomena and processes were used as a range of statistical tools in the research. Particularly, the method of cluster analysis was realized by the means of STATISTICA 10.0 application software package for the research purposes. It is known, that using the methodology of cluster analysis allows breaking the analyzed population into groups according similar indicators. For the research purpose, we managed to define the set of indexes, comprising the array of indicators, characterizing the development of agriculture in the region under research.It is noted that district clusterization in the analyzed Republic according to the indexes of agriculture development will enable to design the measures for financial resources management per each group of uluses of the region more effectively. This is the novelty of the research.It is noted that the obtained types are homogenous for their structure and meaningfully interpretable: Cluster 1 – districts with high level of agricultural production; Cluster 2 – districts with high financial indexes in agriculture; Cluster 3 – districts with low indexes of agriculture; Cluster 4 – the northern high-profitable districts; Cluster 5 – the northern districts with low indexes of agriculture; Cluster 6 – Yakutsk city, the capital of the Sakha (Yakutia) Republic.The main conclusion of the research is recommendation of the priority measures for agricultural financial resources management in the agricultural sector of the Sakha (Yakutia) Republic in order to arrange the conditions for sustainable financial support and ...