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Regional Economics: Theory and Practice

Assessing the impact of households on the economic development of the Sverdlovsk Oblast

Vol. 21, Iss. 9, SEPTEMBER 2023

Received: 17 July 2023

Received in revised form: 9 August 2023

Accepted: 25 August 2023

Available online: 18 September 2023


JEL Classification: A10, С13, С51, О10

Pages: 1728–1742


Polina S. KUKLINOVA Ural State University of Economics (USUE), Yekaterinburg, Russian Federation

ORCID id: not available

Elena B. DVORYADKINA Ural State University of Economics (USUE), Yekaterinburg, Russian Federation

ORCID id: not available

Subject. This article considers households as subjects of economic relations.
Objectives. The article aims to assess the contribution of households to the formation of the gross regional product.
Methods. For the study, we used the methods of logical, comparative, statistical, and correlation and regression analyses.
Results. The article finds that households have a significant impact on the value of the gross regional product, and it reveals a close relationship between indicators reflecting the economic activity of households.
Conclusions. Improving the quality of life of the population is one of the main tasks of public authorities, since the functioning of households as subjects of economic relations has a direct impact on the development of the region.

Keywords: regional development, household, factors of economic development, Sverdlovsk Oblast, interregional comparisons


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