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Diversification of the Economy of the Republic of Bashkortostan: Econometric Approaches to Identifying Growth Drivers

Link for download: Diversification of the Economy of the Republic of Bashkortostan: Econometric Approaches to Identifying Growth Drivers.docx

Authors: Vyacheslav Sergeevich Mikhailov

Annotation: This article explores the potential for analyzing the economic development of the Republic of Bashkortostan using several econometric methods, including the ordinary least squares method. Various applications of econometric analysis methods in various sectors of the Republic are analyzed. Recommendations are developed regarding which analytical methods can be applied in various cases.

Keywords: least squares method, small and medium-sized enterprises, Republic of Bashkortostan, entrepreneurial ecosystem, regional economy, institutional environment.


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