Analysis of regression-correlation relationships between indicators of university potential and macroeconomic indicators of Ukrainian regions

• Main Authors: Zhuravka Andrey V., Mudashiru Tayo Musibau
• Format: Article
• Language: English
• Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2017-03-01
• Series: Bìznes Inform
• Subjects: university potential; regions of Ukraine; macroeconomic indicators; coefficient of pair correlation; Webometrics; university rating; Ukrstat
• Online Access: http://www.business-inform.net/export_pdf/business-inform-2017-3_0-pages-170_175.pdf

The purpose of the article is to study the competitive university potential of the regions and its relationship with the macroeconomic indicators of the regions of Ukraine. An analysis of regression-correlation relationships between four macroeconomic indicators and two indicators of the university potential of the regions of Ukraine is made. As a result of the research, the best correlation was obtained between the number of universities and the indicator Ij, calculated on the basis of aggregating the webometric ratings of universities for each region. It is shown that both indicators of the regional university potential correlate well with all four macroeconomic indicators. At the same time, analysis of the essence of regional development shows that with the growth of cities and the social and economic power of the regions, the university potential of the regions also grows, and not vice versa. Prospects for further research in this area are the inclusion of a larger number of scientific, innovation and macroeconomic indicators.