Assessment of financial condition of local government units with the use of fuzzy classification methods and program R Cover Image

Ocena sytuacji finansowej jednostek samorządu terytorialnego z wykorzystaniem rozmytych metod klasyfikacji i programu R
Assessment of financial condition of local government units with the use of fuzzy classification methods and program R

Author(s): Aleksandra Łuczak, Agnieszka Kozera, Feliks Wysocki
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: fuzzy classification; financial situation; communes

Summary/Abstract: The aim of the study was to present the possibilities of using fuzzy classification methods to identify the types of development financial condition of local governments in the counties of Wielkopolska province in 2013. In the paper two methods of the fuzzy classification based on iterative-optimization algorithms were used: the C-means method (leading to the spherical classification) and the C-medoids method which is an extension of the idea of an algorithm of fuzzy C-means method and has a reduced sensitivity to outliers, which is important in the analysis of financial data. The study was conducted using statistical program R.

  • Issue Year: 2016
  • Issue No: 427
  • Page Range: 165-175
  • Page Count: 11
  • Language: Polish