ECONOMETRIC MODELING OF THE GROSS VALUE ADDED IN THE "TRADE" INDUSTRY OF ALTAI TERRITORY
The study assesses the influence of the identified factors on the volume of gross value added in the "trade" sector of the Altai Territory. The study was carried out on the basis of constructing an econometric model of the Cobb-Douglas production function. When carrying out the correlation-regression analysis, it was found that the gross value added of the "trade" industry depends to a greater extent on such factors as: the availability of fixed assets; the volume of investments in fixed assets; the number of employees in the industry; turnover of retail trade in food products, including beverages, and tobacco products.