DETERMINATION USING A MULTIFACTOR REGRESSION MODEL OF THE INFLUENCE OF FACTORS ON THE FUNCTIONING OF THE ECOSYSTEM OF ECONOMIC DEVELOPMENT OF TERRITORIES (USING THE EXAMPLE OF POLTAVA REGION)

  • Nataliіa Pedchenko Poltava University of Economics and Trade
  • Svitlana Prasolova Poltava University of Economics and Trade
  • Liudmyla Franko Poltava University of Economics and Trade
  • Alexander Boyko Poltava University of Economics and Trade
  • Serhiy Borsyk Poltava University of Economics and Trade
Keywords: multifactor regression model, impact, factors, functioning, ecosystem, development, economic development, territory, Poltava region, war, restoration of territories

Abstract

The purpose of the article is to determine, using a multifactor regression model, the influence of factors on the functioning of the ecosystem of economic development of territories (using the example of the Poltava region). Research methodology. The achievement of the goal stated in the article was implemented using such research methods as methods of logical generalization, scientific abstraction and structural analysis, analytical and graphical approaches, methods of economic and mathematical modeling and a multifactor regression model. Results. The article substantiates the factors of influence of factors on the functioning of the ecosystem of economic development of territories (using the example of the Poltava region). Economic and mathematical modeling of the influence of factors on the functioning of the ecosystem of development of the Poltava region and its restoration was carried out. For this purpose, the following factors were identified: consumer price index (%), economic growth rate (%), business and consumer sentiment indicators (scores), political stability (scores) and budget balance forecast (% GDP)) and their influence on the functioning of the ecosystem of the Poltava region in 2016-2024 was analyzed. The result was a linear multifactor model that determined the positive impact of the factors: consumer price index, economic growth rate, business sentiment and political stability survey (X1, X2, X3 and X5). The factors of consumer sentiment survey (X4) and budget balance forecast as a percentage of gross domestic product (X6) have a negative impact. Practical significance of the research results. The practical use of the proposed scientific approach will allow to strengthen the effect of stimulants or restrain the effect of de-stimulants on the level of effectiveness of the functioning of the ecosystem of economic development of the Poltava region.

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Published
2025-01-31
How to Cite
Pedchenko, N., Prasolova, S., Franko, L., Boyko, A., & Borsyk, S. (2025). DETERMINATION USING A MULTIFACTOR REGRESSION MODEL OF THE INFLUENCE OF FACTORS ON THE FUNCTIONING OF THE ECOSYSTEM OF ECONOMIC DEVELOPMENT OF TERRITORIES (USING THE EXAMPLE OF POLTAVA REGION). Scientific Bulletin of Poltava University of Economics and Trade. A Series of “Economic Sciences”, (1 (115), 25-33. https://doi.org/10.37734/2409-6873-2025-1-4