РАЗРАБОТКА МОДЕЛЬНОГО ИНСТРУМЕНТАРИЯ ПРОГНОЗИРОВАНИЯ ВАЛОВОГО РЕГИОНАЛЬНОГО ПРОДУКТА И КЛЮЧЕВЫХ СОЦИАЛЬНО-ЭКОНОМИЧЕСКИХ ПОКАЗАТЕЛЕЙ РАЗВИТИЯ РЕГИОНА (Development of a Model Toolkit for Forecasting Gross Regional Product and Key Socio-Economic Indicators of Regional Development)

2020 ◽  
Author(s):  
Aleksey Vedev
Keyword(s):  
Regional Development ◽  
Economic Indicators ◽  
Gross Regional Product ◽  
Regional Product

scholarly journals Modeling of Influence of Resourcing Factors on Gross Regional Product

2019 ◽  
Vol 8 (6S2) ◽  
pp. 1112-1116 ◽  
Keyword(s):  
Regional Development ◽  
Life Quality ◽  
Subsequent Development ◽  
Gross Regional Product ◽  
Competitive Advantages ◽  
Regional Competitiveness ◽  
Resource Potential ◽  
The Sustainable Development ◽  
Regional Product ◽  
High Level

The transformation processes occurring in the country, causing the uneven development of individual regions, are characterized by increased competition at the regional level. The consequence of the acquisition of economic independence by the regions of the Russian Federation is a reappraisal of its current position and basic functions, the implementation of which is aimed at asserting themselves and strengthening their reliable position in the market and socio-economic spaces of the country by increasing competitive advantages. The formation of competitive advantages of the regions based on the resource potential in the conditions of market relations is the main condition for increasing the efficiency of regional socio-economic systems, predetermining both the sustainable development of the region by ensuring a high level of economic performance and the life quality of the population, and further prospects for the development of environmental and institutional components. The purpose of the study is to assess the degree of influence of key components of the region’s resource potential on the gross regional product per capita as the main recognized indicator of regional development and regional competitiveness based on building an econometric model with the subsequent development of a projection of changes in the indicator of a specific region under the influence of quality and quantity resource potential. Keywords : regional development, gross regional product,

scholarly journals 3.2. ISSUES OF CONSISTENCY OF FORECASTS OF ECONOMIC DEVELOPMENT OF REGIONS (ON THE EXAMPLE OF THE REPUBLIC OF BASHKORTOSTAN)

2021 ◽  
pp. 42-47
Author(s):  
М.М. Низамутдинов ◽  
В.В. Орешников ◽  
А.Р. Атнабаева
Keyword(s):  
Economic Development ◽  
Strategic Planning ◽  
Regional Development ◽  
Russian Federation ◽  
Gross Regional Product ◽  
Republic Of Bashkortostan ◽  
The Russian Federation ◽  
The Republic ◽  
Regional Product

Статья посвящена вопросам прогнозирования развития субъектов Российской Федерации. Рассмотрен прогноз динамики валового регионального продукта Республики Башкортостан на средне- и долгосрочную перспективы, а также ряд взаимосвязанных параметров. Проведен анализ показателей в текущих и сопоставимых ценах, их динамики и соотношения. Выявлен ряд противоречий, указывающих на наличие рассогласованности представленных значений. Раскрыты отдельные противоречия другим документам стратегического планирования. Результаты могут быть использованы для повышения эффективности управления региональным развитием. The article is devoted to the issues of forecasting the development of the subjects of the Russian Federation. The forecast of the dynamics of the gross regional product of the Republic of Bashkortostan for the medium - and long-term prospects, as well as a number of interrelated parameters, is considered. The analysis of indicators in current and comparable prices, their dynamics and correlation is carried out. A number of contradictions are revealed, indicating the presence of inconsistency of the presented values. Some contradictions with other strategic planning documents are revealed. The results can be used to improve the efficiency of regional development management.

scholarly journals Foreign Direct Investment in Volgograd Region: Distribution and Role in the Economy

2020 ◽  
pp. 212-222
Author(s):  
Inna Kudryashova ◽  
Marina Pleshakova ◽  
Inna Ryabova
Keyword(s):  
Foreign Direct Investment ◽  
Correlation Analysis ◽  
Direct Investment ◽  
Regional Economy ◽  
Labour Productivity ◽  
Economic Indicators ◽  
Gross Regional Product ◽  
Debt Capital ◽  
Volgograd Region ◽  
Regional Product

Foreign direct investment (FDI) has played a key role in the efforts to achieve a sustainable economic growth and high social and economic indicators in many countries and regions of the world. The paper focuses on the analysis of the role of foreign direct investment in the economy of Volgograd region. The author uses the comparative analysis, historical and statistical methods, and correlation analysis. The analysis of the indicators of 2011–2019 shows a small share of foreign direct investment in the gross regional product in Volgograd region in comparison with the Russian Federation, and insufficient provision of regional economy with labour resources. The comparison shows a discrepancy between the real needs and sectoral distribution of foreign direct investment in the regional economy. The research on the country and type composition of FDI in Volgograd region reveals some positive trends. The share of investments in the form of capital in comparison with the share of debt capital has increased; the share of off-shore foreign direct investment has decreased. The correlation analysis reveals a moderate or weak relationship between foreign direct investment and key economic indicators of Volgograd region, i.e. gross regional product, employment rate, average monthly income of the population, depreciation of fixed assets and labour productivity. The results show the need to develop special measures to maximize benefits from the cooperation of regional businesses and foreign investors in Volgograd region.

scholarly journals Evaluation of interaction between chosen indicators of development of regions in Ukraine

Equilibrium ◽  
2019 ◽  
Vol 14 (2) ◽  
pp. 341-357 ◽  
Author(s):  
Elena Horská ◽  
Serhiy Moroz ◽  
Zuzana Poláková ◽  
Ľudmila Nagyová ◽  
Ihor Paska
Keyword(s):  
Foreign Direct Investment ◽  
Regional Development ◽  
Labour Market ◽  
Direct Investment ◽  
Value Added ◽  
Gross Regional Product ◽  
Association Agreement ◽  
Resident Population ◽  
Per Capita ◽  
Regional Product

Research background: In recent years, special attention has been given to the research direction regarding the study of economic, social, and demographic aspects of regional development. This direction is especially important for transition countries, including Ukraine. Despite that, there is a lack of research studies in which interdependencies of economic and demographic indicators of Ukraine’s regions are investigated. Purpose of the article: The paper assesses the relationships between the selected indicators of Ukrainian regions (export of goods per capita, foreign direct investment per capita, and the average resident population) and gross regional product per capita. Methods: Research results were compared in the periods before and during the military conflict in the eastern part of the country, based on regional data for 2010 and 2015. We used a multiple linear econometric model and tested multicollinearity. Findings & Value added: The analysis confirms that there is a positive correlation between export of goods and gross regional product and between foreign direct investment and gross regional product. That is why it is necessary to pay attention to the effective use of existing trade opportunities, especially within the framework of the Ukraine — EU Association Agreement, and to elaborate directions for further expansion of export activities. It is important to provide simpler and more understandable conditions in order to attract foreign investments in Ukrainian regions. Our study also shows that there is no influence of the average resident population on gross regional product. In many aspects, the interaction between demographic and economic components takes place through the labour market. This situation indicates that insufficient attention is given to regional employment issues, and the quantitative and structural imbalance is observed on the labour market at the regional level. In our opinion, to improve the situation, targeted activities should be elaborated on in the frame of regional development programmes.

scholarly journals ANALYSIS AND ASSESSMENT OF REGIONAL ECONOMIC DEVELOPMENT USING THE ANALOG MODEL OF L. R. KLEIN

2020 ◽  
pp. 56-63
Author(s):  
P. I. Kuzmin ◽  
A. G. Zinoviev
Keyword(s):  
Economic Development ◽  
Socioeconomic Development ◽  
Regional Economy ◽  
Economic Indicators ◽  
Federal State ◽  
Gross Regional Product ◽  
Regional Economic ◽  
Material Wealth ◽  
Regional Product ◽  
The Relationship

The article is devoted to the use of analysis and assessment methods for the development of the regional economy, based on a system of interrelated indicators characterizing the state and development of the region’s economy. One of these key statistics is gross regional product. Based on the gross regional product, an assessment is made of the results of production, the level of socio-economic development, the volume of material wealth of the population, the rate of economic growth, etc. The specifics of the conditions of the regional economic system, with the leading role of territorial factors in the development of socio-economic processes in the region, requires the need to formulate new approaches to assessing and analyzing the development of the regional economy that meet the requirements of a market economy. The basis of such approaches is the mechanism of using econometric methods in the process of economic and mathematical modeling of gross regional product in order to show the relationship and interdependence between the main economic indicators of the region. Using an analogue of the model L. R. Klein, the authors of this article built a system of simultaneous equations that establish the relationship between the gross regional product (GRP) and the aggregate of the main regional indicators of the Altai Territory based on statistical information from the Federal State Statistics Service in the Altai Territory. The construction of such an econometric GRP model will allow for continuous monitoring and diagnostics of the main generalizing economic indicators of the region, relying on the identified causal relationships between them, as well as identifying regional factors in the structure of the GRP, contributing to the acceleration of the socioeconomic development of the region, both in terms of the conditions for their formation and increase the efficiency of their use, and in ensuring sustainability and determining forecast estimates of the region’s economy. Based on the constructed model, the article analyzes the interconnections and interdependencies of the gross regional product on the cost of fixed assets, investments, the actual volume of household consumption and other economic indicators in comparable prices in 2016.

scholarly journals Gross regional product: study of influencers

2021 ◽  
pp. 129-136
Author(s):  
Elena Karpenko ◽  
Yuliya Rasseko
Keyword(s):  
Regional Development ◽  
State Policy ◽  
The State ◽  
Sustainable Growth ◽  
Gross Regional Product ◽  
Exogenous Variables ◽  
Study Results ◽  
The Republic ◽  
Regional Product ◽  
Investment In Fixed Assets

The relevance of the research topic is determined by special attention to issues of regional development in the state policy of the Republic of Belarus, the quality of life of 78.6% of the country's population depends on the level of development of the regions under study. The problem of regional development is the growing imbalances in development between the regions of the country and, as a result, undesirable interregional migration flows of the population and a reduction in the demographic potential of a number of territories, as well as the emergence of signs of depression in a number of areas. The analysis of recent publications makes it possible to verify an ongoing interest in the issue, but the drawback of most studies is the disclosure of the issue within one particular region, or the study of the growth of grp due to conventional factors. According to the authors, until the end of the unexplored, the dependence of the gross regional product on indirect, implicit factors remains. Particular attention is drawn to the author's indicators and their place in the GRP growth model. The aim of the study is to establish the influence of unconditional and indirect factors on the magnitude and dynamics of gross regional product, which will provide an opportunity to formalize the dependence of grp on these factors and subsequently apply the built model in practice. The study methods used in the work are comparison, grouping, correlation-regression analysis, econometric modeling, and a systemic approach. Results of work. The present study considers a set of indicators for six regions of the republic of belarus for the period from 2013 to 2019. Using econometric methods of analysis, the authors built a regression model of the dependence of grp per capita on four exogenous variables, analyzed the degree of influence of these variables and the possibility of impact on them by the state. The area of application of the study results is state policy aimed at the sustainable growth of the economies of the regions. Conclusions. In the constructed model of four exogenous variables, the unemployment rate and the rate of life of the population are most significant. However, according to the authors, in order to achieve the desired level of gross regional product, it is necessary to have a comprehensive impact on all variable models, among which, in descending order of importance, the level of unemployment, the rate of life of the population, the amount of industrial production per person employed in the economy, investment in fixed assets.

scholarly journals Income Tax Revenue as an Indicator of Regional Development in Pakistan

2009 ◽  
Vol 14 (2) ◽  
pp. 135-152
Author(s):  
Ijaz Hussain ◽  
Sumbal Rana
Keyword(s):  
Regional Development ◽  
Income Tax ◽  
Large Scale ◽  
High Growth ◽  
Tax Revenue ◽  
Gross Regional Product ◽  
Dramatic Shift ◽  
Regional Product ◽  
The Relationship ◽  
Income Tax Revenue

The objective of this paper is to highlight the use of income tax revenue as an indicator of regional development in Pakistan. Initially, we identify a dramatic shift in income tax revenue trends at the provincial level for the period 1992/93 to 2005/06. We develop a simple model of income tax revenue and estimate the relationship between growth of income tax revenue and gross regional product (GRP). Based on the estimated relationship, Punjab appears to have been the fastest growing province during the 1990s, while Sindh shows the greatest level of dynamism in the current decade. This is attributed to high growth rates, especially in large-scale manufacturing during the period, which has a larger sectoral share in Sindh’s economy.

scholarly journals Implementation of National Projects of the “Second Wave” in the Southern Regions of Russia Within Reference Points “Competitiveness, Sustainability, Security, Balance”: Economic and Political Analysis

2021 ◽  
pp. 151-166
Author(s):  
Alla Kalinina ◽  
◽  
Inna Mitrofanova ◽  
Tatiana Ivanova ◽  
◽  
...  
Keyword(s):  
Regional Development ◽  
Political Stability ◽  
State Regulation ◽  
Reference Points ◽  
Gross Regional Product ◽  
Scoring Method ◽  
Institutional Factor ◽  
Regional Product ◽  
Regional Projects

Introduction. The study is devoted to the results of the implementation of regional projects by the federal entities of the Southern Federal District in 2019 within the reference points of competitiveness, sustainability, security, balance. Its peculiarity consists in the analysis of the interrelations between the achieved state of competitiveness, sustainability, security, balance, the level of socio-economic development in a particular region, the quality of the implementation of regional projects in the context of the specifics of the regional management system, the existing relations between authorities, economic entities, civil society institutions. At the same time, along with the quality of life, it is important to achieve political stability and security. Methodology and methods. The research methodology is based on the systemic paradigm of the relationship between the instruments of state regulation of regional development and the results of regional development within the reference points of competitiveness, sustainability, security, balance of regions, for which a database on the regional implementation of national projects was formed. In order to obtain quantitative characteristics, an integral scoring method of ranking with a correlation and regression analysis was applied. Analysis. The research showed that the higher the indicators of competitiveness, sustainability, security, balance, the better the quality of regional projects’ implementation. In turn, the reference points: competitiveness, sustainability, security, balance are higher in the regions with high values of gross regional product in general and per capita, as well as these federal entities have higher values of the achieved standard of living. Results. The correlation between efficiency level of territorial economic systems, assessed on the basis of indicators of competitiveness, sustainability, security, balance and the quality of the results of national projects’ implementation was studied, which made it possible to determine that the higher the level of regional development, the better national projects are realized. The idea is justified that the existing form of regional projects’ implementation becomes a factor not smoothing, but strengthening the territorial differentiation, since regions with a better level of development and large gross regional product values due to regional projects receive an additional stimulus for further changes. The conclusion about the limited character of the approach that connects the issues of territories mainly with the lack of financial resources is made. Significant role of the institutional factor of regional development, especially risk-oriented management, in the implementation of national projects is shown.

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