Modeling Relationships between Factors of Regional Competitiveness and Its Development Potential
Journal Title: Проблеми економіки - Year 2014, Vol 2014, Issue 3
Abstract
The aim of this article was studying the fundamental relationships between factors of regional competitiveness in its formation process, with consideration of the spatial structure of the economy. The article analyzes the concept of regional competition and grounds the urgency of definition of the potential of regional competitiveness with application of the theory of gravity. The potential of regional competitiveness is considered as a complex of synthesized factors of economic nature in their relationships with other determinants of the region development. Elements of cartographic modeling of regional competitiveness potential were used as one of the methods of latent variable analysis of cross-sectional data, which had made possible to identify and recognize the hidden latent factor groups with immanent structure of regional competitiveness according to the sources of their forming. Statistical method was applied for this purpose, considering the need for analysis of relationships between synthesized multi-dimensional variables, with construction of new variables by means of different indicators. The proposed modeling apparatus was evaluated for the case of regions of Ukraine. The results of the study revealed significant differentiation of regional competitiveness factors with increasing of imbalances due to the influence of latent variables for the individual regions.
Authors and Affiliations
Ivan Blagun, Andrij Catsedan
Keywords
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