Building a Model Linking the Indicator of the Standard of Living of the Population with a Set of Indicators of Socio-Economic Policy in the Regions of Russia

The work contains a study of one of the components of the quality of life - the standard of living of the population - using the example of an analysis of the regions of the Central Federal District. Using Rosstat data, a list of the most important socio-economic indicators characterizing the standard of living of the population was formed, and then an integral indicator was built on them. This indicator can be used as one of the criteria for the performance of regional authorities. The dependence between the obtained indicator and the lag values of variables characterizing the level of economic policy development is shown: human development, innovative activity, transport infrastructure and a number of others. On this basis, an econometric model is built that has a high statistical quality, since the unbiased estimate of the determination coefficient R2 is 95% and the model approximation error is 5.4%. Estimates of elasticity coefficients of explaining variables in this model make it possible to streamline the degree of influence of the corresponding directions of economic policy on the indicator of the standard of living of the population. The presence of lag explanatory variables allows you to make forecasts of indicator values with a planning horizon of 1-2 years.