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The Influence of Demographic Factors on the Financial and Economic Results of the Region (on the Example of the Belgorod Region)

Author

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  • Antonova Marina V.

    (Belgorod University of Cooperation, Economics and Law)

Abstract

This article is devoted to the study of the influence of the demographic factor on the financial and economic performance of the region. Despite sufficient attention in the scientific community to the study of the demographic factor, the assessment of geographical, gender and age criteria on the financial and economic results of the region's activities is rather poorly developed. Within the framework of this article, the results of the region's economy are divided into three levels, forming a «pyramid of financial and economic results of the region's activities». The aim of the study is to study the influence of geographical, gender and age criteria of the demographic factor on the financial and economic performance of the region. Statistical methods were used for the study: series of dynamics, the method of correlation analysis and others. The study was conducted according to the data of the Belgorod region for 2011-2020. As a result of the study, it was revealed that geographical and gender criteria do not affect the indicators of the «pyramid of financial and economic results of the region's activities», however, a strong correlation was revealed between the age criterion of the demographic factor and the resulting indicators, which decreases as the level of the «pyramid of financial and economic results of the region's activities» increases.

Suggested Citation

  • Antonova Marina V., 2022. "The Influence of Demographic Factors on the Financial and Economic Results of the Region (on the Example of the Belgorod Region)," Economics. Information Technologies, Belgorod State University, vol. 49(3), pages 445-455.
    • Handle: RePEc:eul:ecoinf:v:49:y:2022:i:3:p:445-455
    DOI: 10.52575/2687-0932-2022-49-3-445-455
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