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Vol.7, No.1, February 2018. ISSN: 2217-8309 eISSN: 2217-8333
TEM Journal
TECHNOLOGY, EDUCATION, MANAGEMENT, INFORMATICS Association for Information Communication Technology Education and Science |
The Role and Interdependence of Economic Indicators in Optimal Natural Gas Supply in Macedonia as a transitional Economy
Daniela Mladenovska, Ana M. Lazarevska, Irena Lekoska Bimbiloska
© 2018 Daniela Mladenovska et al, published by UIKTEN. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License. (CC BY-NC-ND 4.0)
Citation Information: TEM Journal. Volume 7, Issue 1, Pages 86-96, ISSN 2217-8309, DOI: 10.18421/TEM71-10, February 2018.
Received: 14 September 2017
Abstract:
This paper elaborates the importance of the economic set of indicators relevant for assessing natural gas supply options, as a part of the multi criteria decision making (MCDM) method. Such an approach is a useful tool for decision makers. Thus, the paper is not only dealing with economic indicators arising from investment and other types of costs, but it mostly focuses on macroeconomic environment and macroeconomic preconditions strongly related to energy infrastructure. MCDM is firstly utilized to calculate the indicator’s weighting factors, and further, regression analyses are performed in terms of identifying interdependencies among the indicators.
Keywords – natural gas supply, MCDM, AHP, economic indicators, energy infrastructure. |
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