The role of the AIC in the sustainable regional development: economic assessment

Abstract

The goal is to develop a model for assessing sustainable development of the region, depending on the state and changes in agricultural sector of Northern Kazakhstan. The article notes that one of the relevant problems of the agro-industrial complex is progressive transformations, in which this industry is fundamental. A brief study of the dynamics of the main averaged macroeconomic indicators for the northern regions of the republic over the past ten years is presented. Particular attention is paid to the need for modeling based on establishing an identity that reflects the influence of factors on the value of gross regional product (GRP) as the main indicator of economic growth. Methods – the study is associated with the study of statistical data and subsequent establishment of a linear correlation. The following results have been obtained: respective conceptual and categorical apparatus has been supplemented, the use of which allows building econometric systems; shows the existing methods for determining criteria in relation to indicators characterizing sustainability and stability of economy; correlation-regression analysis of the progressive movement of the GRP and factorial parameters was performed; significance of multiple correlation coefficient and regression equation was checked; analytical characteristics of multifactor relationships are considered and economic interpretation of the results is given. Conclusions – implementation of the recommended measures will achieve this goal. The formulated and supplemented author's proposals will provide further effective solution of the problems of socio-economic management in practice. The specificity of the regional aspect of these issues lies in the fact that implementation of projects and actions takes place within the boundaries of the territories, which is a direct task of the public structures of the region, while it is important to ensure rational use of the existing natural resource potential, taking into account promising opportunities that are the basis of economic component.