Regional aspect of value added use in assessing competitiveness of economic districts

Abstract

© 2014, Mediterranean Center of Social and Educational Research. All rights reserved. The article focuses on the methodology for assessing the competitiveness ranking of economic regions. Based on measuring the effectiveness of creating added value, methodological approaches to rating assessment of economic entities’ competitiveness are also investigated. Here, it is important to identify the factors that influence competitiveness level of the economic regions. We calculated competitiveness ranking of districts of the Republic of Tatarstan on the basis of value added using the method of regression and analysis of variance.