INSTITUTIONAL INFLUENCE ON THE INTERREGIONAL DISPARITIES IN THE SOCIO-ECONOMIC DEVELOPMENT IN UKRAINE
Journal: International Journal of Economics and Society (Vol.1, No. 1)Publication Date: 2015-04-30
Authors : Mykhailo Y. Kryvoruchko;
Page : 10-13
Keywords : Institutional Governance; Interregional Disparities; Socio-Economic Development; New Institutionalism; Living Standards Dynamics.;
Abstract
This study examines institutional infl uence on the interregional disparities in socio-economic development in Ukraine. The research methodology is based on the new institutional approach and application of regression analysis: three empirical models consisting of the coeffi cients of variation of gross regional product per capita, available income per capita, salary per employee in place of dependent variables, and institutional governance indicators in place of independent ones, are tested on a linear correlation. The empirical evidence indicates the correlation between available income variation and institutional governance is insignifi cant, but that there is a strong and signifi cant correlation with gross regional product and salary. Our preliminary assumption on the negative sign of regression parameters does not come true; therefore, we conclude that the positive nature of institutional infl uence on the interregional disparities in Ukraine could be explained by the resource-oriented structure of Ukrainian economy: overall economic growth leads to speeding-up of economic development of the leading regions, which in turn, causes deepening interregional disparities.
Other Latest Articles
- METHODOLOGICAL ASPECTS OF DEVELOPMENT OF MANAGEMENT IN MODERN AZERBAIJAN
- Effect of Socio-Economic Variables on of Computer Literacy Among University Students
- A Ratio-cum-Dual to Ratio Estimator of Population Variance Using Qualitative Auxiliary Information Under Simple Random Sampling
- Estimation of Missing Values in the Data Mining and Comparison of Imputation Methods
- A Note on IIR Filters with Random Parameters
Last modified: 2015-06-03 01:01:58