METHODOLOGICAL ISSUES IN ECONOMETRIC RESEARCH ON REGIONAL SOCIO-ECONOMIC DEVELOPMENT IMBALANCES
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Abstract
Regional differences are visible not only in gross regional product, employment and income, but also in education, health services, level of digitization and inclusion in innovation chains. Therefore, the concept of "regional disparities" is broader than "economic inequality" and covers both institutional and spatial dimensions. According to the author's approach, the analysis of disparities can be seen in four directions: economic - differences in income and productivity; social - standard of living and opportunities; institutional and political-economic — quality of management and effectiveness of institutions; complex — a joint analysis of economic, social and spatial aspects as a multifactorial phenomenon. In this study, factors affecting regional disparities were evaluated based on panel data.
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