SHS Web Conf.
Volume 91, 2021Innovative Economic Symposium 2020 – Stable Development in Unstable World (IES2020)
|Number of page(s)||14|
|Section||Stable Development in Unstable World|
|Published online||14 January 2021|
Stable development of travel business in the Odessa region: Estimate using multivariate statistical analysis
1 Odessa National Economic University, 65082 Odessa, Ukraine
2 Odessa State Academy of civil engineering and architecture, 65029 Odessa, Ukraine
* Corresponding author: firstname.lastname@example.org
The article examines the level of sustainable development of the travel business in the Odessa region of Ukraine. This level is evaluated as a latent indicator, which is characterized by a certain set of signs-symptoms. The methodology used for modeling is Partial Least Squares-Path Modelling (or PLS-PM) and the method Time-Wise Multi-Way Principal Component Analysis. This approach allowed us to identify and evaluate latent and explicit factors affecting the sustainable development of travel business in the Odessa region.
Key words: travel business / sustainable development / Time-Wise Multi-Way Principal Component Analysis / Partial Least Squares-Path Modelling
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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