Economics and Rural Development, Volume 7, Number 1

DEFINING TENDENCIES IN MODELLING THE LIVING STANDARD OF THE POPULATION IN NUTS 2 REGIONS OF CENTRAL AND EASTERN EUROPE COUNTRIES

Olga Lavrinenko, Svetlana Ignatjeva, Ilga Lavrinovica
Daugavpils University

Abstract

In the article the tendencies of modelling the living standard of the population in NUTS 2 regions – Poland, Latvia, Lithuania, Estonia, the Czech Republic, Hungary, Romania and Slovakia – are analysed according to results of the integral indicator construc-tion1. The analysis is made in the context of dynamics of territorial disproportions during the period from 2000 till 2007. The list of explored countries is determined by the presence of Eurostat statistics for the mentioned period for NUTS 2 level regions.
Methods of research used for accomplishing the research objectives: the methods of logical analysis and synthesis, the mono-graphic and analytic method of the studying theoretical and empirical economic sources of the international level; multidimensional statistical methods (factor analysis by the main component method); statistical methods and methods of econometric modelling (the dynamic model with one dependent variable; methods of correlation analysis.

Keyword(s): the living standard integral indicator, economic growth, sector structure of regions economics, NUTS 2 regions


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