@article{korosteleva2021management,
  title = {Management of Regional Imbalances in the Russian Mortgage Market Using the Principal Components Method},
  author = {Tatyana S. KOROSTELEVA and Vladimir Y. TSELIN},
  year = 2021,
  url = {https://ibimapublishing.com/articles/JESR/2021/126542/},
  journal = {Journal of Economics Studies and Research},
  volume = 2021,
  pages = 16,
  doi = 10.5171/2021.126542,
  abstract = {The article is devoted to the topic of sustainable development of mortgage instruments in the context of pronounced imbalances in regional development. The analysis was carried out on the example of 85 regional markets of Russia, heterogeneous in terms of the degree of development of mortgage mechanisms in their own territories. The object of the research was the mortgage potential of the regional markets of Russia. The aim of this article is to outline the mechanisms for managing regional imbalances in mortgage development based on the analysis and assessment of the mortgage potential of Russian entities. To achieve this goal, the article substantiates the composition of panel data used for the primary analysis of mortgage potential. The methods of aggregation of local criteria (primary variables) into generalized indicators are determined. In particular, the authors substantiate the application of multidimensional methods of factor analysis, including the method of principal components, to solving the problem of classifying Russian regions. The main factors (main components) of the development of the regional system of housing mortgage lending are highlighted. A comprehensive assessment of the mortgage potential of Russian regions is given and their systematic ranking is carried out. Based on the results obtained, recommendations are proposed for increasing the mortgage potential of the constituent entities of the Russian Federation in the field of state policy. The theoretical significance of the study lies in the development of scientific approaches to assessing and managing regional imbalances in mortgage development, caused by the uneven socio-economic development of regions.},
  keywords = {Mortgage Potential, Regional Imbalances, Management Decisions, Principal Components Analysis.},
  note = Article ID: 126542
}