UDK 330.4:332.1(476)
DOI: 10.15507/VMU.025.201503.140
ANALYSIS OF VARIANCE OF ECONOMIC DEVELOPMENT FOR REGIONS OF THE REPUBLIC OF BELARUS
Klimuk Vladimir Vladimirovich
(post-graduate student of chair of Economy and Finance of Immanuel Kant Baltic Federal University (14, Aleksandr Nevskiy str., Kaliningrad, Russia), This email address is being protected from spambots. You need JavaScript enabled to view it.)
The paper presents the methodology for evaluation and analysis of dynamics of sustainable economic development of regions. The technique is based on the diagnosis of loss of stability of economic growth by estimating the variance of GRP growth rates (GDP). Risk of economic instability is due to indication of relative variance in economic growth rates. Author studies eight subjects: Republic of Belarus, its regions and the capital – the city of Minsk – for years 2008–2013. The article contains graphic materials for calculations of obtained average level of deviation growth rate of the economy during the analyzed period. The author defines years with economic development closest to the sustainable state as well as the maximum deviation from the average. The paper also lists the correlation and regression analysis, and the results of it were used to model the investment activity of regions and economic instability (explaining more than 72% of the results).
Keywords: stability, economic growth, correlation and regression analysis, dynamics, modeling.
For citation: Klimuk V. V. Dispersionnyy analiz ekonomicheskogo razvitiya regionov Respubliki Belarus [Analysis of variance of economic development for regions of the Republic of Belarus]. Vestnik Mordovskogo universiteta [Mordovia University Bulletin]. 2015, vol. 25, no. 3, P. 140–150. DOI: 10.15507/VMU.025.201503.140
This work is licensed under a Creative Commons Attribution 4.0 License.
