Credit behavior of the population: regional comparative analysis

Abstract

This paper investigates the regional differentiation of the consumer credit market, its dependence on the local characteristics of the income of the population. It estimated position of FEFD and its subregions among the federal districts and subjects of the Russian Federation. Quantitative relationship between the levels of regional development and characteristics of credit behavior of the localized population in the territory are analyzed. The dynamic characteristics analysis of the population’s loan debt in 2010 – 2015 was provided. It has been argued that the regional differentiation of volume and equity indices of two extreme decile groups of the regions - ten leaders and ten outsiders - is extremely high and has a tendency to expand. Furthermore, it is shown that the most favorable economic conditions of dynamic changes occur in the regions with the small volume indicators, and during a crisis - on the contrary, in the largest. The position of FEFD and its subregions among the federal districts and subjects of the Russian Federation was estimated.