Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)

The Impact of Banking Infrastructure on Gross Regional Product

Authors
B V Bakeev, R F Valiullin, B R Gareev
Corresponding Author
B V Bakeev
Available Online 17 March 2020.
DOI
https://doi.org/10.2991/aebmr.k.200312.459How to use a DOI?
Abstract
When making management decisions at any level, high-quality feedback is needed, which allows you to evaluate the results of a particular impact on the control object. To assess such an impact, various models are often used, primarily economic-mathematical ones, which allow you to quickly and cost-effectively take the necessary measurements. At the regional level, one of the key indicators characterizing the state of the regional economy is gross regional product. According to its dynamics, we can draw conclusions about the success of economic management at this stage. For this reason, it is important to understand what impacts on which factors will accelerate the growth of gross regional product, which will allow us to develop recommendations for new management decisions. In the framework of this study, the hypothesis was tested whether the gross regional product depends on the level of penetration of banking infrastructure in the regional economy. To test this hypothesis, we used data from Rosstat and the Central Bank of Russia for 2017 in a regional context. In the course of the correlation analysis, the presence of a statistical relationship between the parameters was confirmed; in the course of the regression analysis, the form of dependence and its quantitative parameters were determined. The resulting model allows you to adjust managerial impact on the regional economy.
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Proceedings
International Scientific Conference "Far East Con" (ISCFEC 2020)
Part of series
Advances in Economics, Business and Management Research
Publication Date
17 March 2020
ISBN
978-94-6252-929-8
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.200312.459How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - B V Bakeev
AU  - R F Valiullin
AU  - B R Gareev
PY  - 2020
DA  - 2020/03/17
TI  - The Impact of Banking Infrastructure on Gross Regional Product
BT  - International Scientific Conference "Far East Con" (ISCFEC 2020)
PB  - Atlantis Press
SP  - 3184
EP  - 3189
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200312.459
DO  - https://doi.org/10.2991/aebmr.k.200312.459
ID  - Bakeev2020
ER  -