ECONOMETRIC MODELS FOR DEVELOPING COMPETITIVENESS POTENTIAL IN THE REGION
Keywords:
Regional Competitiveness, Econometric Modeling, Digital Transformation, Human Capital, Spatial Econometrics, Data Envelopment Analysis (DEA), Panel Data, Total Factor Productivity (TFP), Regional Innovation, Investment Attractiveness.Abstract
The contemporary economic landscape is defined by a fundamental shift from traditional factor-based growth models to a sophisticated competency-based paradigm centered on digital transformation and human capital optimization. This research provides a comprehensive econometric analysis of regional competitiveness across the Visegrad Four (V4), the Russian Federation, and the Republic of Uzbekistan. Utilizing a multi-layered methodological framework—comprising Dynamic Panel Data (Arellano-Bond), Data Envelopment Analysis (DEA), and Spatial Econometric Modeling (SAR/SEM)—this study identifies the mechanisms through which digital literacy and innovation clusters catalyze regional output. The analysis reveals a significant disparity between capital regions (NUTS2) and peripheral territories, necessitating a transition toward "Smart Specialization" (S3) strategies. A critical finding is the role of human capital as a two-tiered structure, where "Fundamental" components (health and education) support a "Progressive" level (digital and emotional capital). Furthermore, the study explores the "neighbor effect" and the paradox of negative spatial spillovers caused by administrative barriers. By synthesizing a 166-equation block-recursive model for forecasting and k-means cluster analysis for regional typology, the research proposes actionable policy frameworks for fostering resilient ecosystems through public-private partnerships and the integration of digital competencies into the industrial fabric.