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Regional Economics: Theory and Practice
 

Building a model to analyze the effectiveness of regions within the human development concept

Vol. 15, Iss. 12, DECEMBER 2017

PDF  Article PDF Version

Received: 27 September 2017

Received in revised form: 19 October 2017

Accepted: 15 November 2017

Available online: 14 December 2017

Subject Heading: ECONOMIC-MATHEMATICAL MODELING

JEL Classification: С33, C55, О15

Pages: 2361–2377

https://doi.org/10.24891/re.15.12.2361

Mokeev V.V. South Ural State University, Chelyabinsk, Russian Federation
mоkеyеv@mаil.ru

Importance This article addresses the issues of assessment of the effectiveness of regions within the framework of the concept of human development.
Objectives The article aims to develop a methodology for the analysis of human development in the regions, that can help build reference models for the human development of regions through the method of intrinsic states.
Methods The results of the fundamental works of scientists in the modeling of socio-economic systems through intrinsic states are the methodological basis for the study.
Results The article presents a developed methodology for analyzing the human development of regions. It involves an eigenstate method to build reference models for human development in the regions. The article shows a good match between the reference values of Human Development Index (HDI) derived from the developed methodology and the maximum HDI values computed by the data envelopment analysis (DEA) method. The effectiveness of the methodology is illustrated by the analysis of the development of the Russian Federation thirty regions.
Conclusions and Relevance The human development analysis methodology provides regional specificities in the construction of reference models for human development, as well as the direction of regional development with a view to increasing HDI. The results obtained show that the methodology developed can be used as a reliable tool in making long-term management decisions.

Keywords: sustainable development, reference model, eigenstate method, Human Development Index

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