Evaluating Indirect Factors Impact on the Efficiency of A Region’s Material Resources Utilization
The author reviews the writings on theoretic and methodological aspects of resources utilization efficiency. Indirect factors affecting the level of materials/ output level for the regional product of the Brest Region are explored. As the main analysis tool the correlation and regression technique is employed. The set of indicators evaluated includes foreign investments, investments in fixed capital, net income of organizations, innovations spend, account payable, as well as such lawlessness indicator, as the level of corrupt practice. Through the correlation and regression analysis the most relevant kinds of functions are identified — namely, the actual data on the material/output level. Based on analyzing statistical data for the Brest region of Belarus for the period of 2007– 2013 the author has constructed models to explore efficiency of material resources utilization for the purpose of managing material/output level of the region concerned.