Balzhan Zhumartova
Current Organizations / Institutes
The organizations/institutes from the scholar's latest article
Research Subjects
Research Interests
Balzhan Zhumartova has a total of 2 co-authors. Here are the top co-authors by number of shared publications:
- Galina Besstremyannaya
HSE University, Moscow, Russia
1 shared publication - Lazat S. Spankulova
Al-Farabi Kazakh National University
1 shared publication
Latest Publications
- Open Access
- 19 March 2026
- Published by al-Farabi Kazakh National University in Journal of Mathematics, Mechanics and Computer Science
- Vol. 129 (1) , 97-113
MODELING METHODS FOR STRATEGIC ANALYSIS OF INTERREGIONAL INEQUALITY IN KAZAKHSTAN
The article focuses on spatial economic development and regional inequality in the Republic of Kazakhstan, with an emphasis on the factors and policy conditions that create disparities between regions. The empirical analysis is based on a panel of 16 Kazakhstani regions for 2001-2017 (272 observations). The dependent variable is the logarithm of GRP per capita. Modifications of the Spatial Durbin Model (SDM) with fixed and random regional effects are estimated and compared; according to the AIC/BIC criteria and the Hausman test, the fixed-effects SDM is recognised as the preferred specification. Econometric estimations in SPSS and STATA18, along with spatial and GIS analysis in R, are used for preprocessing and classical econometrics. Diagnostics include the Hausman test, checks for heteroscedasticity and autocorrelation, and panel stationarity tests. The analysis identifies dominant spatial determinants of uneven socio-economic development of Kazakhstan’s regions and supports institutional and economic-geographical policies for reducing inequality.
- 19 March 2026
- Published by al-Farabi Kazakh National University in Journal of Mathematics, Mechanics and Computer Science
- Vol. 129 (1) , 97-113
Open AccessMODELING METHODS FOR STRATEGIC ANALYSIS OF INTERREGIONAL INEQUALITY IN KAZAKHSTAN
The article focuses on spatial economic development and regional inequality in the Republic of Kazakhstan, with an emphasis on the factors and policy conditions that create disparities between regions. The empirical analysis is based on a panel of 16 Kazakhstani regions for 2001-2017 (272 observations). The dependent variable is the logarithm of GRP per capita. Modifications of the Spatial Durbin Model (SDM) with fixed and random regional effects are estimated and compared; according to the AIC/BIC criteria and the Hausman test, the fixed-effects SDM is recognised as the preferred specification. Econometric estimations in SPSS and STATA18, along with spatial and GIS analysis in R, are used for preprocessing and classical econometrics. Diagnostics include the Hausman test, checks for heteroscedasticity and autocorrelation, and panel stationarity tests. The analysis identifies dominant spatial determinants of uneven socio-economic development of Kazakhstan’s regions and supports institutional and economic-geographical policies for reducing inequality.