Integral Indicators Based on Competitiveness Capacity Characteristics of Regional Real Estate Markets of Ukraine
Kostiantyn Pavlov, Olena Pavlova, Volodymyr Kupchak
Keywords:
competition, competitiveness, housing market, housing, residential property, real estate in Ukraine,
integral indicator
Abstract:
This article summarises the methodological approaches, principles, methods, and tools of scientific
knowledge inherent in a single complex research model of regional residential real estate
markets competitiveness (RREM). The development and implementation of the proposed
model can provide a deep regional analysis of component imbalances, and the implementation of
the methodological steps can foster the comparative and targeted analysis of Ukrainian regions.
The methodological tools of this complex study of the country’s RREM as well as the strategic
and tactical measures for its further regulation have been developed based on a comprehensive
review of methodological principles and approaches. The basis of this study takes onto account
general scientific and special knowledge of economic phenomena and processes. The scientific
background developed was both empirical and theoretical. At the empirical level, observation,
measurement, experiment and modelling were employed, while equal importance was placed
on the special methodological principles involved. Achievement of the research goals required
the use of such methods as: balance and index, decomposition, aggregation, analogous, logical,
classification, ranking and extrapolation, expert evaluations and systematization along with a
direct survey. In order to determine the level of regional housing market competitiveness, the
implementation of future analytical assessments was carried out with regard to the following
integrated factors: housing demand, housing supply, housing affordability, purchasing capacity
of citizens, the region’s comfort level, as well as certain geographical and cultural features of the
region.
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 Integral Indicators Based on Competitiveness Capacity Characteristics of Regional Real Estate Markets of Ukraine [PDF file] [Filesize: 824.26 KB]
 10.7441/joc.2019.03.06
Pavlov, K., Pavlova, O, & Kupchak, V. (2019). Integral Indicators Based on Competitiveness Capacity
Characteristics of Regional Real Estate Markets of Ukraine. Journal of Competitiveness, 11(3), 87–108. https://doi.org/10.7441/joc.2019.03.06
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