Application of Factor Analysis in Information Support of Participatory Budget Management in an Inclusive Economy

The article is devoted to the development of information support for participatory budget management in an inclusive economy and the formalization of the impact of the institutional environment of the economy on the indicators of participatory budgeting. Using factor analysis (principal components method), a two-component factor model is obtained that reflects the influence of institutional environment factors on the formation of parameters of participatory budget expenditures. Using factor analysis (PCA), a two-factor model has been obtained, reflecting the influence of institutional environment factors on the formation of participatory budget expenditure parameters.