Problemi Ekonomiki (Jun 2020)
Influence of the Investment Structure on the Quality of Life in Cities of Regional Significance in Western Ukraine
Abstract
The article analyzes the main trends in the structural changes in capital investment and foreign direct investment in regions of Western Ukraine in 2013–2018. Using regression analysis of the panel data, the authors assess the dependence of indicators characterizing the structure of investment in the economy and the quality of life in cities of regional significance of Volyn, Transcarpathian, Ivano-Frankivsk, Lviv, Rivne, Ternopil, Chernivtsi regions for the period of 2013–2018. The study reveals a significant direct relationship between the average annual number of full-time employees and the volume of foreign direct investment per capita, the share of investment in housing construction and environmental protection in the total volume of capital investment in the cities of regional significance. The direct effect of the changes in the volume of capital investment per 1000 people and the share of investment in housing construction in the structure of capital investment on the level of housing provision for the population in cities of regional significance is confirmed. The direct dependence between improvement of the provision of hot water supply and sewerage services for the population in cities of regional importance and increase in foreign direct investment, capital investment and investment in environmental protection is determined. It is established that the changes in the share of investment in housing construction in the general structure of capital investment do not affect the provision of hot water supply and sewerage services for the population in view of modern features of individual construction. No connection is found between the level of air pollution, waste generation and indicators of structural changes in investment in cities of regional significance.
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