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Производственная функция экономики регионов: пример Уральского экономического района
The research examines the dependence of gross regional product on payroll and fixed assets comparing
the economies of the Ural Economic Region with a view of reviewing the prospects of the regional
economic systems to improve their efficiency. The methodological foundations of the work cover regional
economics and research in the field of economic-mathematical modelling of regional economic
processes. The information base of the research includes socioeconomic indicators of regions forming
the Ural Economic Region for 2005–2016. The authors apply the methods of economic-mathematical
modelling; system, logical, statistical, correlation and regression, and economic analysis. As a result of
the research, the authors build statistically significant production functions of the seven regions of the
Ural Economic Region and determine key efficiency indicators of using labour and capital resources
during GRP creation. The authors arrive at the conclusion that the regions under consideration have a
common economic problem field, appeared as a consequence of significantly deteriorated fixed assets, a
decrease in both population and number of people employed in the economy. It implies that the labour
resources maintain GRP growth in these regions. Regional government authorities should definitely take
this fact into account during the indicative planning, development and revision of regions’ socioeconomic
development programmes