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Economic Analysis: Theory and Practice
 

Production function of economy of the region

Vol. 10, Iss. 19, MAY 2011

Available online: 17 May 2011

Subject Heading: Economic-mathematical modelling

JEL Classification: 

Petrov А.N. candidate of chemical sciences, associate professor of chair the management and economic-mathematical modeling, Ivanovo state university of chemistry and technology
petrov_a-n@mail.ru

For example, the Ivanovo region shows that classical set-power-factor production function cannot adequately describe regional economies in transition. Suggested as factors of production index of fixed investment and employment in the economy of the region index.

Keywords: region, production function, index, regression analysis, factor analysis, gross regional product

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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