Rotar T.S.Published in:
Journal of Economics, Entrepreneurship and Law
– Volume 9, Number 4 (October-December 2019)

JEL classification: D31, I31, R13

Keywords: cluster analysis, clusters, correlation matrix, multidimensional classification, quality of life, regression model, standard of living, wellbeing


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Abstract:

This article is devoted to the analysis of the main indicators that form the human wellbeing in the Republic of Sakha (Yakutia). The work has a novelty due to the attempt to carry out a multidimensional classification of municipalities of the studied subject of the Russian Federation by key indicators that form wellbeing. To reveal the topic, a correlation and regression analysis was carried out to identify the main factors influencing the human wellbeing in the Republic of Sakha (Yakutia). The author proposed an econometric model of the dependency of per capita income on the socio-economic level of development of the region on the basis of which the conclusions were made.

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