The Interdependence of the Natural Resource Potential of the Region and its Economic Development

DOI

10.2991/fred-19.2020.30How to use a DOI?

Keywords

natural resources, economic development, growth indicators, Chechen Republic

Abstract

A comprehensive assessment of the impact of natural conditions on economic development and, more generally, on the overall development of countries and regions is a very complex topic. Based on the data of the industrial production index and agricultural production index, we will identify the dependence of the region's economic development (on the example of the Chechen Republic) on the above indicators. Identification of this dependence was carried out using correlation and regression analysis. It can be noted that there is a dependence of the average level of economic growth on the natural resource potential, which was calculated based on indicators of industrial and agricultural production. The agricultural production factor has a more serious impact, it is also positive

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Z K Tavbulatova
AU  - E M Magomadov
AU  - M A Betilgiriev
AU  - M H Saitova
AU  - L R Abkarova
AU  - H G Chaplaev
PY  - 2020/01
DA  - 2020/01
TI  - The Interdependence of the Natural Resource Potential of the Region and its Economic Development
BT  - Proceedings of the International Session on Factors of Regional Extensive Development (FRED 2019)
PB  - Atlantis Press
SP  - 139
EP  - 144
SN  - 2352-5428
UR  - https://doi.org/10.2991/fred-19.2020.30
DO  - 10.2991/fred-19.2020.30
ID  - Tavbulatova2020/01
ER  -