Keywords:cost of living, entrepreneurial activity, integralcriterion, price of territorial product, region, social and economic development, territory marketing
Citation: Vitaliy Kozyrev (2011). The Cost of Living in a Territory as an Indicator of Its Business Activity. Russian Journal of Entrepreneurship, 12(2), 146-150. — url: http://bgscience.ru/com/lib/2733
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Abstract:
The article presents a method for estimating the price of a territorial product on the basis of statistical indicators of social and economic development of Russian regions. In the course of the study of the North-West Federal District it was found that areas of a high value and economic efficiency of doing business were characterized by high cost of living for residents and non-residents.
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