UNVEILING THE MEDIATING INFLUENCE OF REGIONAL EXPENDITURE ON GROSS REGIONAL DOMESTIC PRODUCTS

Аннотация

This study investigates the mediating role of regional expenditure on gross regional domestic products (GRDP) to elucidate the dynamics of regional economic growth. Utilizing regression analysis and structural equation modeling, data from various regions are examined to explore how regional expenditure channels influence GRDP. The findings suggest that regional expenditure acts as a significant mediator between various economic factors and GRDP. Understanding the mediating influence of regional expenditure provides valuable insights into the mechanisms driving regional economic development and informs policymakers about effective strategies for fostering sustainable growth.