Modeling the Sectoral Structural Changes in the Region’s Economy

Abstract

The methodical approaches to estimation of influence of factors on the structural changes in economy of region are formed. The influence of internal and external indicators-factors on the structural dynamics of economy of regions of Ukraine is estimated. The degree of correlation between the selected indicators-factors and the resulting indicator of economic development of regions is determined. Using the methods of correlation-regression analysis, a multifactorial model of change of the gross regional product (GRP) under the influence of internal and external factors of economic development is built. The model of polynomial regression of influence of the change of structure of employment by kinds of economic activity in terms of regions of Ukraine as to GRP is built. The system approach to the estimation of structural-dynamic transformations in the regional economic system on the basis of calculations of efficiency of the structural adjustment is suggested. The model of estimation of quality of the structure of economy on the basis of proportionality coefficient is built. Proposals on directions of changes in the economic structure and on methods of influence to overcome the structural instability in the region’s economy are presented.

Keywords

• structural changes
• structure of economy
• modelling
• gross regional product
• factors of influence
• structural instability
• coefficient of proportionality.