Problemi Ekonomiki (Dec 2017)

The Structural Analysis of Economic Development of Regions

  • Zvarych Olena I.

Journal volume & issue
Vol. 4
pp. 195 – 205

Abstract

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The aim of the article is to analyze the economic development of regions by means of the model of the economic base using such indicators as the coefficients of surplus labor and localization, coefficients of concentration and diversification, industry multiplier coefficient, and coefficient of intensity of performing basic functions. Within the framework of the analysis, the areas of specialization are defined, the intensity of performing the basic functions is assessed, and the correlation between the areas of specialization — auxiliary (complementary) and servicing — is investigated. Furthermore, the identification is carried out, that is, it is determined which particular stages of the production process are concentrated in the region: management, research or production. When studying the functional structure of regions, attention is focused on identifying the functional specialization of the region under study and determining its level of specialization. The factors of localization made it possible to determine the level of regional specialization and the dominant functional specialization of the region. Through functional specialization, there identified the spheres of economic activity, whose value in a given spatial unit is greater than that achieved in a certain set of units. The reasons for regional specialization should be seen in the system of demographic conditions, environmental conditions and in the formed infrastructure environment. When determining the regional multiplier and the coefficient of intensity of performing basic functions, attention is focused on the division according to the functional feature of the economic activity: production and infrastructure, management, research and development. The evaluation of the intensity of performing basic functions is given through the division of these indicators according to the functional feature of the economic activity. The results obtained are a prerequisite for the formation of sustainable development strategies for the region.

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