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Regional Economics: Theory and Practice
 

Adjusted human development index and its application for management of sustainable development of the Central Federal District regions: Evidence from the Tula Oblast

Vol. 16, Iss. 10, OCTOBER 2018

PDF  Article PDF Version

Received: 24 July 2018

Received in revised form: 15 August 2018

Accepted: 29 August 2018

Available online: 15 October 2018

Subject Heading: ECONOMIC-MATHEMATICAL MODELING

JEL Classification: C10, P25, R11

Pages: 1958–1975

https://doi.org/10.24891/re.16.10.1958

Zhukov R.A. Tula Branch of Financial University under Government of Russian Federation, Tula, Russian Federation
pluszh@mail.ru

ORCID id: not available

Zhuravlev S.D. AO KBP Instrument Design Bureau named after Academician A. Shipunov, Tula, Russian Federation
zhuravlsd@ya.ru

ORCID id: not available

Soboleva D.V. Tula State University, Tula, Russian Federation
dv-soboleva@yandex.ru

ORCID id: not available

Subject This article determines the Human Development Index (HDI) sensitivity to various social, environmental and economic factors. It identifies critical states in which a given trajectory can actually still be achieved.
Objectives The article aims to form models to assess the quality of life of the population using the adjusted HDI calculated according to our original methodology for the regions of the RF Central Federal District and Tula Oblast. As well, the article intends to define the boundary values of the state and impact factors to follow the specified path.
Methods For the study, we used the principles and methods of systems, statistical, and regression analyses, as well as data convolution and forecasting.
Results The article presents formed linear and non-linear models to assess the quality of life of the population for the Central Federal District regions and Tula Oblast on the basis of statistics for 2004–2016. The article also shows the results of the comparative analysis of the models obtained and the boundary values of the state and impact factors for the Tula Oblast.
Conclusions and Relevance The models obtained can also be used for a particular region as a tool to shape specific regulations. The models for the Tula Oblast can be considered as a means to optimize management decisions.

Keywords: quality of life, socio-ecological-economic system, human development index, socio-economic development, sustainability, modeling

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