Econometric assessment of the role of the pace of life in the socio-economic development of the region

  • Elena M. Karpenka Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus
  • Yuliya Yu. Rasseka Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus

Abstract

The author’s methodology for assessing the regional pace of life at the world level has been tested. With the help of statistical analysis tools, its place and role in the system of indicators of socio-economic development of a number of countries are studied. The construction of an econometric model allowed us to establish the influence of factors of demographic, economic, natural-climatic and national-cultural groups on the magnitude and dynamics of the regional pace of life, which formalises its dependence on these factors and provides an opportunity to apply the constructed model in practice in the management process.

Author Biographies

Elena M. Karpenka, Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus

doctor of science (economics), full professor; head of the department of international management, faculty of economics

Yuliya Yu. Rasseka, Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus

senior lecturer at the department of international management, faculty of economics

References

  1. Rasseka YuYu, Borodenya YuN. Scientific interest in the «pace of life» category. In: Koroleva AA, editor. Tendentsii ekonomicheskogo razvitiya v XXI veke. Materialy III Mezhdunarodnoi nauchnoi konferentsii; 1 marta 2021 g.; Minsk, Belarus’ [Trends of economic development in the 21st century. Materials of the 3rd International scientific conference; 2021 March 1; Minsk, Belarus]. Minsk: Belarusian State University; 2021. p. 750–752. Russian.
  2. Rasseka YuYu, Karpenka EM. [Methodological approach to assessing the pace of life of the population of the region: theory and practice]. In: Salaev BK, editor. Teoriya i praktika khozyaistvennogo razvitiya: razrabotka novykh i adaptatsiya sushchestvuyushchikh metodov, mekhanizmov i instrumentov. Materialy Natsional’noi nauchno-prakticheskoi konferentsii s mezhdunarodnym uchastiem, posvyashchennoi 85-letiyu doktora ekonomicheskikh nauk, professora L. Ts. Badmakhalgaeva; 18 dekabrya 2020 g.; Elista, Rossiya [Theory and practice of economic development: engineering of new and adaptation of existing methods, mechanisms and tools. Materials of the National scientific and practical conference with international participation dedicated to the 85th anniversary of doctor of economics, professor L. Ts. Badmakhalgaev; 2020 December 18; Elista, Russia]. Elista: Kalmyk University Press; 2020. p. 10–14. Russian.
  3. Karpenka EM, Rasseka YuYu. Economic assessment of the population living rate. Proceedings of BSTU. Issue 5, Economics and Management. 2021;1(224):48–54. Russian.
Published
2022-05-26
Keywords: regional pace of life, correlation and regression analysis, system of indicators, econometric model, factors of influence
How to Cite
Karpenka, E. M., & Rasseka, Y. Y. (2022). Econometric assessment of the role of the pace of life in the socio-economic development of the region. Journal of the Belarusian State University. Economics, 1, 89-95. Retrieved from https://journals.bsu.by/index.php/economy/article/view/4209
Section
R. Urban, Rural, Regional, Real Estate, and Transportation Economics