Abstract
It is proposed a research program related to studying of economic development
 of regions and country as a whole. It is suggested to build econometric models
 of influence of factors which are able to affect indicators characterizing the
 economic development. For this purpose it is proposed to use cross-sectional
 data of the Federal State Statistics Service of Russia by region .On the basis of
 obtained models it is possible to get partial regression equations. From these
 equations it has been obtained equations for partial coefficients of influence of
 studied factors by region. A use of described techniques has allowed estimate
 an influence of capital-labor ratio, human capital, new technologies and private
 property institution on labor efficiency in Russia. A higher education expansion
 influence on salary level in Russia has been estimated. Estimates of private
 property expansion influence on labor efficiency in the regions of Russia have
 been obtained. Using these estimates it is possible to accomplish a costeffectiveness
 analysis related to management of factors affecting the economic
 development of country regions.
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