Chernova O.A. Factor analysis of the water intensity of the gross regional product of the regions of the Southern federal district
Olga Anatolyevna Chernova
Doctor of Economic Sciences, Professor, Department of Informational Economics, Southern Federal University; Leading Researcher, Russian Informational, Analytical, Scientific, Research Center of Water Economy
M. Gorkogo St., 88, 344006 Rostov-on-Don, Russian Federation
Abstract. The rationality of water consumption of regional economy is determined by the water capacity of gross regional product and is ensured by the distribution of limited water resources form the point of view of the economic efficiency. The study of the index of water capacity is suggested to be carried out from the point of view of the region and not the river basin as the water consumption depends on the industrial specialization of the region. The variety of factors and conditions determining the water consumption of some industries and economic spheres and also various multi level relations between them imply the necessity of the use of methods of statistical analysis. In the article it is suggested to use the factor analysis of water capacity of the gross regional product allowing to identify the latent characteristics and properties of the object under analysis. At the study of the water capacity of gross regional product of the regions of the Southern federal district the main factors are the volume of consumption of fresh and recycling water and also the value of gross regional product. The given index was studied in dynamics what allowed determining the tendencies appeared in the region in respect of the management of the water economic complex of the region. The industrial indices of water resources use in the regions of the Southern federal district were analyzed. It was found out that the most efficient management of regional water resources is carried out in the Rostov and Volgograd regions. In order to improve the water use in the given regions it is suggested to use the model of an optimal distribution of land resources for agricultural crops in dependence on the volumes of the necessary watering. For the republics of Kalmyia and Adygea which vary in low indices of the efficiency of use of water resources it is suggested to develop less water consuming industries. The conclusion is drawn that for the provision of a rational use of water resources of the region it is necessary to use the methods of factor analysis as the basis for making managerial decisions.
Key words: regional development, water capacity of production, rational water consumption, factor analysis, gross regional product, water sector, Southern federal district, resource conservation.
ATTACHMENTS: /1_Chernova.pmd.pdf