Neural network analysis of energy efficiency of the regional economy as a factor of Russia's sustainable development under conditions of big challenges-Reference-Cited by-同舟云学术

Neural network analysis of energy efficiency of the regional economy as a factor of Russia's sustainable development under conditions of big challenges

Published:2023-02-28 Issue:2 Volume:22 Page:206-234
ISSN:2073-039X
Container-title:Economic Analysis: Theory and Practice
language:
Short-container-title:EATP

Author:

LYUBUSHIN Nikolai P.¹^ORCID,LETYAGINA Elena N.²^ORCID,PEROVA Valentina I.²^ORCID

Affiliation:

1. Voronezh State University (VSU)

2. National Research Lobachevsky State University of Nizhny Novgorod (UNN)

Abstract

Subject. We consider the energy efficiency of Russia’s regional economy and its impact on sustainable development of the country in the face of big challenges. Objectives. The focus is on solving the multidimensional task of analyzing the development of energy efficiency of the economy of Russian regions, which relates to difficult-to-formalize tasks and harmonizes with modern requirements of competitiveness. Methods. We employ the cluster analysis based on neural networks, which are a relevant component of artificial intelligence. We also use the toolkit of artificial neural networks, i.e. Kohonen self-organizing maps. The said tools are free from model limitations and external interference in the functioning of the neural network, and enable to visualize the clustering results of multidimensional data space on the plane. Results. The cluster analysis of heterogeneous data enabled to distribute Russian regions across eight cluster formations. The considered indicators characterizing the energy efficiency of Russia’s regional economy had different effects on the creation of clusters. We obtained a significant unevenness of the distribution of Russian regions by cluster: the number of regions in clusters varied more than fourfold. We determined different levels of energy efficiency of the regions’ economy according to the studied indicators on cluster scale. This requires the application of different economic development strategies for regions of the Russian Federation in the focus of cluster formations. Conclusions. The paper shows the influence of big challenges on the development of energy efficiency of Russia. The findings indicate that to improve the sustainable and progressive development of Russia’s economy, innovative organizational and managerial methods are needed that generate a vector of orientation towards effective solution of urgent challenges facing the country.

Publisher

Publishing House Finance and Credit

Subject

Automotive Engineering

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