Application of cluster models in forecasting housing construction economic potential in the region
Journal: E3S Web of Conferences
Year: 2020

The article introduces the first econometric modeling of the needs in new housing construction, reconstruction, capital repairs and finishing of uncompleted construction objects in the region on the basis of cluster models. Forecasting diagrams of gaps between the existing economic potential of housing construction and a normative need in sector housing as well as the need in introducing sector housing to reach mean European standards of housing are plotted.