Modeling regional performance according to the types of economic activities

Introduction. The economy of any region includes various types of activities. Building development models of individual sectors of the economy contributes to the rational allocation of productive forces, expedient use of economic resources as well as to the comprehensive development of the country's regions. This determines the relevance of the chosen research topic. The main objective of the analysis is to build models of functioning of the main types of economic activities in the regional context. Materials and Methods. The conducted research applied multidimensional techniques of the regression and factorial analysis by building dependencies of the volume of economic activities of various sectors of the regional economy (based on the initial socio-economic indicators provided by the Territorial Authority of the Federal State Statistics Service in the Republic of Mari El and the integral indicators obtained on their basis). Results. Modeling the region's economic activity made it possible to identify the factors the change of which directly impact the functioning of the relevant sectors of the economy. In agriculture and the construction sector, the cumulative factors that largely characterize the functioning of these types of activities have been identified based on the integral indicators: the factor of livestock production and the factors of commissioning apartments and living space. The study has proved the greater focus of agriculture in the region on the livestock products with a bias on milk production. The analysis of the construction sector in the Republic of Mari El has revealed the predominance of the commissioning of residential buildings as compared with the construction of industrial and civil buildings as well as social and cultural facilities among the implemented construction projects. Modeling the transport sector has proved a significant dependence of the volume of passenger traffic in the Republic of Mari El on the availability of private vehicles. Discussion and Conclusion. To provide further progressive development of the agriculture and the construction sector of the region, great attention should be paid to the development of crop production within the agro-industrial complex of the Republic of Mari El as well as to the construction of industrial and civil buildings, social and cultural facilities. The results obtained can be used when conducting research on the development of the regional economy or drawing up strategic plans for the functioning of the economic sectors.