Estimation of per capita GDP in the regions of Russia

2016 ◽  
Vol 4 (6) ◽  
pp. 25-28
Author(s):  
Басовская ◽  
Elena Basovskaya

The purpose of the work consisted in assessment of size of per capita GDP in regions of the country, which would be comparable to estimates of per capita GDP in the countries of the world. For receiving assessment, the per capita GDP during 2001-2014 was compared with the size of the gross value added of goods and services created by residents of regions. The treated ratios are used for GDP assessment in regions. The established sizes of per capita GDP in regions are used for the international comparisons. The executed comparisons show that the sizes of per capita GDP of the regions of the country are different. The level of development of some region is comparable with the level of development of leading economies of the world, such as Norway, Great Britain, and Denmark. The level of development of the other regions of the country is comparable with the level of the poorest countries of the world.


2018 ◽  
pp. 71-91 ◽  
Author(s):  
I. L. Lyubimov ◽  
M. V. Lysyuk ◽  
M. A. Gvozdeva

Well-established results indicate that export diversification might be a better growth strategy for an emerging economy as long as its GDP per capita level is smaller than an empirically defined threshold. As average incomes in Russian regions are likely to be far below the threshold, it might be important to estimate their diversification potential. The paper discusses the Atlas of economic complexity for Russian regions created to visualize regional export baskets, to estimate their complexity and evaluate regional export potential. The paper’s results are consistent with previous findings: the complexity of export is substantially higher and diversification potential is larger in western and central regions of Russia. Their export potential might become larger if western and central regions, first, try to join global value added chains and second, cooperate and develop joint diversification strategies. Northern and eastern regions are by contrast much less complex and their diversification potential is small.



Author(s):  
Jacek Strojny

The aim of the study was to asses the Harberger-Laursen-Metzler effect in Polish agro-food sector. The analysis covers period of 2002-2017. There was applied the vector autoregression (VAR) methodology. The outcome of the research revealed that permanent deterioration in terms of trade contributed to the current account of Polish agribusiness sector improvement. The temporary effect of terms of trade shocks was not indentified. Additionally, the research enabled recognition of gross value added (GVA) as the most exogenous factor of the VAR system. On the other hand most endogenous factor of the model is the current account. The variable permanent terms of trade is more exogenous factor than the current account.



E-Management ◽  
2020 ◽  
Vol 3 (1) ◽  
pp. 68-74
Author(s):  
Ya. V. Miller

In the last decade unprecedented technological changes have taken place, resulting in the emergence of a fundamentally new economic model. Based on the widespread spread of smartphones, the world has become more “connected”. The digitalization of demand and supply contributed to the creation of entirely new digital markets managed by platform enterprises based on an open business model, that enabled external consumers and producers to connect and interact with each other. A more interconnected world generates vast amounts of data, allowing platform companies to invest in machine learning and artificial intelligence and ultimately improve their efficiency. Finally, a steady digitalization of business processes, markets and global value chains is observed. In these circumstances, approaches to value addition are fundamentally changing in the context of new dimensions of the digital economy, the analysis of which was the purpose of our study. It has been identified, that in the absence of a standardized international methodology for measuring the digital economy, the latter is so far possible on disparate development-left and national statistics. Initiatives taken at the international level to overcome national differential approaches are still insufficient, as there is a lack of statistics and variables related to digital data. It has been revealed, that the lack of quality statistics on key indicators of the digital economy makes it difficult to assess the value added in the world economy scale and international comparisons. Much of the challenges of measuring value added in the digital economy, as shown in the article, are related to the principle of “scale without mass,” the intangible nature of capital, the intense growth of large-scale cross-border data flows, and the emergence of new sources of value creation.



2020 ◽  
pp. 1598-1617
Author(s):  
Ramesh Chandra Das ◽  
Sovik Mukherjee

Terrorist activities in the post-Paris Peace Treaties have emerged as one of the most perilous agendas that are troubling the world economies and political figures in securing their nations and regions. Several socio-economic factors were evidenced to be the crucial factors in determining terrorist activities all around the world. The present article strives to identify the significance of several socio economic factors, namely, refugee population, access to good sanitation facilities, youth unemployment rate, percentage of education expenditure to GDP, percentage of military expenditure to GDP, per capita GDP and political stability in the panel of seven South Asian countries and China for the period 2002-2016. By applying both static and dynamic panel models, the article observes that all of the selected variables explain the terrorism index with expected signs. The article thus prescribes that the governments of the selected countries should concentrate on allocating their budgets on the improvements of sectors underlying the associated indicators.



2019 ◽  
Vol 10 (1) ◽  
pp. 72
Author(s):  
Louis Bernard Tchekoumi ◽  
Patrick Danel Nya

The aim of this article is to assess the determinants of industrial manufacturing in the CEMAC zone. To achieve this, we make use of a gravity model on a static panel with random effects, according to the methodology proposed by Hausman-Taylor. The results show that the population, value added of the manufacturing sector, colonial links and geographic proximity have significant impacts with the expected signs. On the other hand, the difference in absolute value of per capita GDP, the business climate, financial inflows as well as actual distance are the group variables that arise as constraints to export manufacturing.



2015 ◽  
Vol 60 (05) ◽  
pp. 1550041
Author(s):  
HIROYUKI TAGUCHI ◽  
NI LAR

This paper examines the trade of machinery parts and components between Thailand and the other Mekong countries though gravity model, for the purpose of assessing the existing production networks in Mekong region by applying fragmentation theory. The findings are: First, the evolution of production networks between Thailand and Vietnam was identified in terms of their two-way trade integration. Second, the trade intensity between Thailand and Vietnam was explained by the fragmentation factors, i.e., their gaps in per capita GDP and the relatively lower service-link costs in Vietnam. Third, the trade less-integration of Thailand with Cambodia and Myanmar was explained by their higher service-link costs.



2016 ◽  
Vol 4 (6) ◽  
pp. 4-6 ◽  
Author(s):  
Басовский ◽  
Leonid Basovskiy

Based on econometric models with the use of Rosstat A. Madison’s data it was found. The spread of new — post-industrial technological structures of the European economy of Russia is uneven. The contribution of new orders in the per capita GRP in the Central Federal District reached 457,581.7 rubles in 2014 and amounted to 62.7% of per capita GRP. The economy of the Central Federal District in the systems of new technological structures used 5-12% of the resources. The contribution of the new orders in the per capita GRP in the Northwestern Federal District in 2014 reached 200 709.6 rubles and amounted to 34.4% of per capita GRP. In the Northwestern Federal District in the systems of new technological ways 4-7% of resources are used. The contribution of the new orders in the per capita GRP in the Southern Federal District has reached 110 661.7 rubles in 2014 and amounted to 28.8% of per capita GRP. In the Southern Federal District in the systems of new technological ways 2-6% of resources are used. In the North Caucasus Federal District the postindustrial technological way are not wide-spread.



Author(s):  
Леонид Басовский ◽  
Leonid Basovskiy ◽  
Елена Басовская ◽  
Elena Basovskaya

The model of long-term technical and economic development of industrial and post-industrial economic systems is constructed. The system consists of several subsystems existing simultaneously. Each new subsystem, embodying a new technical and economic mode, provides a higher level of per capita income. The transition to each new stage of technical and economic development — the transition to the predominance, the dominance of the technical and economic paradigm, and the beginning of the spread of a new technical and economic paradigm occurs at the moment when the upward half-wave of the Kondratiev cycle begins to form. To establish the moments of the onset of the upward halfwaves of Kondratiev cycles and the timing of the start of the spread of new techno-economic modes, econometric models of real per capita GDP in developed countries, including a smooth and cyclic (harmonic) component, were constructed. The average duration of the third cycle in these countries was 51.9 years, the fourth cycle — 49.8 years. Because of the construction of econometric models, it was possible to evaluate the productivity of relic, fourth, fifth and sixth technical and economic paradigms in developed countries. The average value of the maximum productivity of the fourth techno-economic mode was 2594 Geri-Hemis $ 1990, the fifth — 12,245 Geri-Hemis $ 1990, the sixth — 25 374 Geri-Hemis $ 1990. The average contribution to the real per capita GDP of relict modes and the fourth mode in the period of its domination was 5004 Geri-Hemis $ 1990, which corresponds to the value of 161,379 rubles. 2008. The excess of this value in Russia provided isdue to the spread of the fifth technical and economic mode. Its significant contribution to the real per capita GDP of the country began to observe since 2001 and by 2015 reached 47%. Modeling the period of the contribution of the fifth paradigm to Russia’s per capita GDP made it possible to predict the transition to its dominance in 2040. The forecast of the transition to the domination of the fifth mode in the regions of Russia is to include this time from 2010 to 2200. Construction of production functions based on data on per capita GRP over the years made it possible to establish that investment in fixed assets and an increase in the share of employed persons with a higher education can accelerate the spread of the fifth techno-economic mode and have received estimates of their effectiveness in the regions of Russia. A feature of the regions in which new modes did not receive proliferation was the low capitalization of new fixed assets and the increased number of employees of territorial bodies of federal executive bodies.



2004 ◽  
Vol 18 (3) ◽  
pp. 147-172 ◽  
Author(s):  
Kenneth Arrow ◽  
Partha Dasgupta ◽  
Lawrence Goulder ◽  
Gretchen Daily ◽  
Paul Ehrlich ◽  
...  

This paper articulates and applies frameworks for examining whether consumption is excessive. We consider two criteria for the possible excessiveness (or insufficiency) of current consumption. One is an intertemporal utility-maximization criterion: actual current consumption is deemed excessive if it is higher than the level of current consumption on the consumption path that maximizes the present discounted value of utility. The other is a sustainability criterion, which requires that current consumption be consistent with non-declining living standards over time. We extend previous theoretical approaches by offering a formula for the sustainability criterion that accounts for population growth and technological change. In applying this formula, we find that some poor regions of the world are failing to meet the sustainability criterion: in these regions, genuine wealth per capita is falling as investments in human and manufactured capital are not sufficient to offset the depletion of natural capital.



2021 ◽  
Vol 9 (6) ◽  
pp. 54-64
Author(s):  
Sharmila Priya S

Amitav Ghosh’s Ibis Trilogy is a saga of the Opium War and the imperialistic monopoly of Great Britain over almost half the world. The British conquered India and ruled over the sub-continent with an iron hand, but at the same time being flexible with certain practices of the Indians. The Indians on the other hand, apert from sporadic outbursts, supported the British in their rule, with money and men. The symbiotic relationship of the British rulers and the Indian subjects was complex and incomprehensible to outsiders. The British through careful manipulation made the Indians do their bidding and this is reflected by Ghosh in his trilogy.



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