Yaskal, I. V. (2011). Otsinka efektyvnosti rehional'noho rozmishchennya faktoriv vyrobnytstva v Ukrayini [Estimation of Effectiveness of Regional Allocation of Production Factors in Ukraine]. Rehional'na ekonomika - Regional Economy, 60(2), 34-43. [in Ukrainian].

Authors

Resume

The efficiency of geographic distribution of production factors in Ukraine is analyzed. For this purpose analytic instruments of production functions theory, Cobb-Douglas in particular, are used. The fact that regional distribution of human resources better meets the criterion of marginal productivity rather than allocation of «capital» factor is proved. The idea over priority of regulation of investment resources’ territorial distribution in regional economic policy is considered.

Keywords:

Cobb-Douglas production function, territorial allocation of production factors, marginal productivity, interregional economic integration