Information technology for evaluation of innovation indicators influence and investment activity on competitiveness of the regio

In this article, for the first time, economic and statistical methods are used to study the interaction of innovation and
investment activity and competitiveness at the regional level. The Granger test and the correlation and regression
analysis are applied for the comprehensive study of individual and joint impact upon the region's competitiveness and its
innovation and investment activity. The Granger test provides an opportunity to identify cause-effect relationships
between the indicators of innovation and investment activity in the region. Accordingly, pairs of indicators of innovation
and investment regional activity are identified and grouped together in accordance with the presence of connection,
strength and direction of impact.
Keywords: regional competitiveness, the Granger test, correlation and regression analysis, innovation and investment
activity of the region