3.8 Article

Regional Development in Conditions of Limitation of Water Resources: Correlation Interconnections

Journal

MONTENEGRIN JOURNAL OF ECONOMICS
Volume 14, Issue 4, Pages 57-68

Publisher

ECONOMIC LABORATORY TRANSITION RESEARCH PODGORICA-ELIT
DOI: 10.14254/1800-5845/2018.14-4.4

Keywords

regional development; water resources; virtual water; biserial correlation

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The main idea of the article is to study the problem of regional development in the conditions of limited water resources. The subject of the study is theoretical and methodological provisions and applied practical recommendations for the regulation of regional development in the conditions of limited water resources. The purpose of the article is to determine the connection between water supply (water potential) of Ukrainian regions and their specialization in production and trade in the conditions of water resource constraints and determine the further prospects for regional development. In the study have been used traditional and special methods of research, including: historical and logical method, method of abstraction and analogy, system analysis methods and the method of correlation analysis. For calculations was used the biserial correlation method based on the point of biserial relation coefficient of Pearson. The article presents a hypothesis about the need to change the paradigm of regulation of regional development regulation on the basis of water-efficient water use and identified the territories of Ukraine with the general water risk. It is determined that Ukraine is the world's largest exporter of food products, along with the USA, Australia and Russia, that requires significant water resources. It has been proved that there is no link between the water supply (water potential) of the regions and production and trade with grain and leguminous plants. It is possible to assume that such conditions have arisen due to the existence of land resources (black earth) on the territory of the country, and also that in Ukraine there are other more important problems of effective regional water use.

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