ЕКОНОМЕТРИЧНЕ МОДЕЛЮВАННЯ ВПЛИВУ ДЕТЕРМІНАНТ ФІНАНСОВОЇ ДЕЦЕНТРАЛІЗАЦІЇ НА ЕКОНОМІЧНУ СПРОМОЖНІСТЬ РЕГІОНІВ

Abstract

At the present stage of development of financial decentralization it is extremely important to focus on the factors influencing the economic capacity of regions and communities. Combining and strengthening certain economic levers will certainly contribute to the competitive advantages of the administrative unit. Making sound management decisions at the regional level requires the use of scientifically sound methods. The study of the impact, the relationship of socio-economic factors and gross regional product is becoming increasingly important. The use of econometric methods makes it possible to confirm the hypothesis and establish the level of the relationship between economic development of regions and financial decentralization using a set of indicators. The value and behavior of these parameters depends on many factors, which cannot be fully taken into account. The article proposes improved approaches to determining the factors influencing economic growth in terms of government reform and financial resources. The method of statistical information processing using multiple correlation-regression analysis is taken as a basis. The use of mathematical modeling tools will determine the contribution of each variable and record the significant factors that most significantly affect the economic opportunities of regions and factors that can be neglected in the analysis of the impact on gross regional product. It was decided to focus on the period from 2012 to 2019. It is during this time interval that active changes in the administrative-territorial structure of the country take place, the budget system is reformed, and there is a period of forced loss of control over parts of the country’s territory with economic consequences. Research of time intervals 2012–2014 and 2015–2019 allows you to assess the change in economic factors with the introduction of decentralization reform. The study of decentralization indicators makes it possible to identify problems of socio-economic nature in time and reveals the prospects of balancing budget revenues with expenditures, developing measures to improve the financial policy of the regions in the context of decentralization changes.