The Impact of Demographic Indicators on Gross Regional Product

Abstract

The socioeconomic development of regions depends on a combination of historical, geographical, resource, demographic and other factors. The gross regional product indicator characterizes economic activity in the region and serves as an indicator of the successful development of the region. Formation of a regional development strategy requires determining the level of influence of various factors on the resulting indicator, which can be the gross regional product. This article examines the impact on the gross regional product of a number of parameters characterizing the demographic situation in the region. The study is conducted by the method of correlation and regression analysis of statistical data. Based on the results of the analysis, an economic-mathematical regression model is proposed, showing the relationship between factor and resulting features, the significance of the model is verified by test criteria. The resulting model can find application in the activities of regional authorities in the development of managerial decisions aimed at increasing the growth rate of the gross regional product. 1. Introduction