Assessment of contribution by corporate structures of the construction business to the economic development of territories

2020 ◽  
Vol 22 (5) ◽  
pp. 45-50
Author(s):  
SERGEY V. RAEVSKY ◽  
◽  
LYUBOV A. BELYAEVSKAYA-PLOTNIK ◽  
ANDREY A. ROMASHIN ◽  
◽  
...  
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
Regression Models ◽  
Value Added ◽  
Gross Regional Product ◽  
Effective Management ◽  
Regional Administration ◽  
Regional Product ◽  
The Right ◽  
Selection Of

The article considers the development of methodology for assessing the contribution of corporate structures of the construction business to the economic development of territories. In the article, a specific theoretical approach is used, i. e. when choosing the instruments of regional administration, it is required to use precisely those, which with a minimum impact will lead to maximum effectiveness. When working on this hypothesis, appropriate estimates are used to assess the contribution of large corporate structures of the construction business to the creation of the Gross Regional Product with the usage of correlation- regression models. The adoption of effective management decisions to a large extent depends on the selection of the right areas of impact on those types of businesses that form the largest share of value-added. This approach allows us to highlight the tools to support the corporate structures of the construction business in developing the economic policy of the region.

The economy of the Chukotka Autonomous Okrug: On the path from monodependence to diversification

2020 ◽  
Vol 18 (4) ◽  
pp. 662-674
Author(s):  
S.G. Serikov
Keyword(s):  
Economic Development ◽  
Statistical Analysis ◽  
Gross Regional Product ◽  
Key Factors ◽  
Economic Problems ◽  
Analysis Methods ◽  
Socio Economic Development ◽  
Regional Product ◽  
Statistical Analysis Methods

Subject. This article explores the changes in the economic development of the Chukotka Autonomous Okrug during the Soviet and post-Soviet periods. Objectives. The article aims to identify trends and features of the socio-economic development of the Chukotka Autonomous Okrug. Methods. For the study, I used the comparative, computational, constructive, and statistical analysis methods. Results. The article reveals key factors in the growth of the Chukotka Autonomous Okrug's gross regional product and the economic challenges to the region. As well, the article considers and proposes some possible options for further socio-economic development of the Okrug. Conclusions. The Okrug's current socio-economic problems are caused by not objective reasons only, but subjective factors, as well.

scholarly journals Explaining Patterns of Corruption in the Russian Regions

2005 ◽  
Vol 57 (4) ◽  
pp. 500-529 ◽  
Author(s):  
Phyllis Dininio ◽  
Robert Orttung
Keyword(s):  
Economic Development ◽  
Gross Regional Product ◽  
Russian Regions ◽  
Size Of Government ◽  
Regional Patterns ◽  
Transparency International ◽  
Russian State ◽  
The Russian Federation ◽  
Per Capita ◽  
Regional Product

Corruption is one of the key problems facing the Russian state as it seeks to evolve out of its socialist past. Naturally, regional patterns of corruption exist across a country as large and diverse as the Russian Federation. To explain these variations, the authors analyze 2002 data from Transparency International and the Information for Democracy Foundation that provide the first effort to measure differences in the incidence of corruption across forty Russian regions. They find that corruption in Russia is fueled by the size of government and by the level of development. Within each region, the amount of corruption increases as the number of bureaucrats grows and gross regional product per capita decreases. Russian policymakers can therefore work to reduce corruption by effectively reforming or scaling back bureaucracies and by encouraging economic development outside of the key centers of Moscow and St. Petersburg.

scholarly journals The mechanism of synergetic interaction of policy instruments of central banks with the governments of their countries as an element of increasing the level of economic development in the face of an epidemic threat

2020 ◽  
Vol 8 (5) ◽  
pp. 13-21
Author(s):  
Leonid Taraniuk ◽  
Oksana Zamora ◽  
Oleksii Demikhov
Keyword(s):  
Developing Countries ◽  
Economic Policy ◽  
Economic Development ◽  
Comparative Analysis ◽  
Central Bank ◽  
Policy Instruments ◽  
The State ◽  
Effective Management ◽  
The World ◽  
Level Of Economic Development

Goal. The purpose of the research is to conduct a comparative study of the work of the Central Bank of the world with their governments in the context of forming a mechanism for synergistic interaction of its economic policy instruments to improve the level of economic development. Topicality. The actualization of this study is the need to establish effective formal and informal links between the central bank as a system-forming financial institution that shapes the monetary policy of the state and the government as a governing body that creates a virgin economic policy. There is a need for a systematic comparative analysis of the experience of developed and developing countries in order to form an effective tool for economic policy of the central bank with its government and make effective management decisions aimed at improving the level of economic development. Results. The system of relations between the central bank of developed and developing countries and their governments is described. Factors of positive and negative influence on the formation of economic policy tools of the central bank of the countries and their governments are revealed. Formal and informal links have been analyzed between the world country’s central bank and its government in the process of implementing the central bank’s economic policy. The mechanism of synergetic interaction of the tools of economic policy of the central bank of the countries with their governments is improved, which contains indicative indicators of the interactions of the central bank, ministries, government of the countries for the purpose of making effective management decisions. The necessity of systematic work of all stakeholders (central bank, government, other stakeholders) in the process of forming economic policy, the implementation of which can affect the level of economic development of the state, is substantiated. Conclusions. The comparative analysis with elements of benchmarking estimation is carried out The mechanism of relations of the central bank of the country with its government is improved. The role of this interaction of the country's central bank with its government and other stakeholders was assessed.

scholarly journals MACROECONOMIC ASPECTS OF SUSTAINABLE DEVELOPMENT OF THE ECONOMY

2019 ◽  
pp. 108-115
Author(s):  
S. A. Bakhodurova
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Economic System ◽  
State Policy ◽  
Business Environment ◽  
Economic Systems ◽  
Gross Regional Product ◽  
Social And Economic Development ◽  
The Stability ◽  
Regional Product

The essence and indicators of a concept of sustainable development of economy have been considered. Dynamics of an indicator of social and economic development of the region (gross regional product) has been analyzed and the stability indicator has been сalculated. Macroeconomic aspects of unstable development of economy have been revealed through imbalances of inflows and outflows in the two-sector, closed and opened economic systems. The reasons and consequences of disproportions of an economic system have been identified. Measures and directions of state policy in the field of stimulating the development of small and medium-sized businesses, creating a favorable business environment, stimulating export-oriented production, improving migration policies, which will reduce these imbalances, have been proposed. Accounting of regularity of macroeconomic interrelations will allow you to assess a situation of economic systems, and studying of the existing imbalances will promote creation of the mechanism of their regulation.

scholarly journals DIVERSIFICATION OF THE ECONOMIES OF THE EURASIAN ECONOMIC UNION IN THE CONTEXT OF STRUCTURAL POLICY

2018 ◽  
pp. 226-239
Author(s):  
А. MARGARYAN ◽  
A. TERZYAN ◽  
S. SOLODOVNICOV
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
National Level ◽  
Value Added ◽  
Innovative Development ◽  
Structural Policy ◽  
Member States ◽  
Eurasian Economic Union ◽  
Index 2 ◽  
Economic Union

The study of the situation not only in the global, but also in the national level suggests that there is no other way to implement sound and independent economic policy aimed to achieve balanced economic development based on innovation without assuring competition. In the present research is described only one side of competition – diversification of the economics in Eurasian economic union. Two questions are being discussed: 1) what will the diversification be like in the member states if the value added of sectors of economy is taken for a basis in a calculation of Ogive index, 2) what differences are available when these two (by employment and value added) ways of Ogive index calculations are compared. The results of the calculations for all member states of the union are provided some conclusions which are important not only in national, but also on the union level in the path of competitive and innovative development.

Ensuring Food Security in the Context of the Development of Integration Processes

2019 ◽  
Vol 9 (5) ◽  
pp. 1120
Author(s):  
Saniya SAGINOVA ◽  
Rauza ABELDINA ◽  
Valeriy BIRYUKOV ◽  
Gulnar SAPAROVA ◽  
Alken TEMIRBULATOV ◽  
...  
Keyword(s):  
Economic Policy ◽  
Food Security ◽  
Food System ◽  
Statistical Data ◽  
The State ◽  
Important Task ◽  
Effective Management ◽  
Food Market ◽  
The Republic ◽  
Selection Of

Food security is one of the main objectives of the agrarian and economic policy of the state. In its general form, it forms the vector of movement of any national food system to an ideal state. Analysis of indicators of the state of the food market and the provision of the population with food, the selection of the most optimal of them for making effective management decisions is an important task in developing a strategy for ensuring the country's food security. Therefore, the purpose of this article is to assess food security in the Republic of Kazakhstan. The article analyses the statistical data of the Republic of Kazakhstan on ensuring food security in the country.

scholarly journals Scenario modelling of the impact of the dynamics of public debt on the gross regional product of Russian regions

2021 ◽  
Vol 25 (6) ◽  
pp. 68-84
Author(s):  
I. V. Naumov ◽  
N. L. Nikulina
Keyword(s):  
Economic Development ◽  
Regression Analysis ◽  
Public Debt ◽  
Methodological Approach ◽  
Panel Regression ◽  
Gross Regional Product ◽  
Russian Regions ◽  
The Public ◽  
Socio Economic Development ◽  
Regional Product

The subject of this research is public debt and its impact on the dynamics of the gross regional product (GRP) of Russian regions. The aim of the paper is to study and scenario forecast the dynamics of changes in the internal public debt of Russian regions and model its impact on the gross regional product. The relevance of the study is due to the fact that most regions in Russia are forced to increase their internal public debt to cover the budget deficit and attract additional resources to solve important problems of socio-economic development and implement strategic projects and programs. The scientific novelty of the research consists in the development of a methodological approach to modelling and scenario forecasting of the level of GRP of different groups of regions, taking into account the dynamics of changes in their public debt using ARIMA modelling methods and panel regression analysis. The authors apply the methods of panel regression analysis and ARIMA modelling. The authors theoretically substantiated that public debt has a different effect on the GRP of Russian regions, grouped the regions according to the identified trends in the dynamics of public debt (the first group — regions with the dynamics of debt reduction over the period from 2005 to 2019, the second group — with the all-Russian trend of debt reduction since 2017, and the third group — with the dynamics of increasing debt over the period under review); developed a methodological approach to modelling and scenario forecasting of the GRP level of the Russian regions, taking into account the dynamics of changes in their public debt; carried out ARIMA forecasting of the dynamics of the public debt of different groups of regions and built regression models of the influence of the dynamics of the public debt on the GRP of Russian regions within the selected groups; formed forecast scenarios for changes of the GRP level of regions, taking into account the identified dynamics of transformation of their internal public debt. Conclusions: public debt has a negative impact on the dynamics of the GRP of Moscow and the Moscow region and a positive effect on the dynamics of the GRP of the regions of the second and third groups. The findings of the study may be used by the federal and regional executive authorities to find ways to reduce public debt and increase the level of socio-economic development of territories.

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 CONCEPTUAL PRINCIPLES OF EVALUATION OF ACTIVITIES OF ENTERPRISES AND THEIR CAPITALIZATION BASED ON VALUE ADDED

2018 ◽  
Vol 20 (3(68)) ◽  
pp. 155-164
Author(s):  
YU.A. NAZARENKO
Keyword(s):  
Gross Domestic Product ◽  
Economic Activity ◽  
Value Added ◽  
Point Of View ◽  
Gross Regional Product ◽  
Conceptual Basis ◽  
Gross Value Added ◽  
Main Indicator ◽  
Adequate Representation ◽  
Regional Product

Topicality. In today's financial and economic analysis of the company's main indicators are output and profit, but they have significant disadvantages. The indicator "output" includes the results of the activities of suppliers of goods and services and, accordingly, does not provide adequate representation about the results of the enterprise itself. And the indicator "profit" reflects the interests of only the owners of the enterprise. Its use encourages lower wages, social security financing and employee training, and also indicates a contradiction between the interests of society and the owners of enterprises. All this determines the relevance of the definition of indicators that will ensure an adequate representation of the results of the enterprise and a single conceptual framework for assessing the results of economic activity at the micro, mega and macro levels. Aim and tasks. Analyze the existing indicators of assessing the effectiveness of the enterprise, to determine their main disadvantages. Consider the possibility of using the indicator �gross value added� as the main indicator of an enterprise. Conduct a comparative analysis of the possibility of using different variants of the indicator �value added� to assess the performance of an enterprise. Consider using the indicator �gross value added� as a conceptual basis for evaluating the economic activities at the micro, mega and macro levels.. Research results. As the main indicators of the enterprise, using "output" and "profit". The first indicator consists of gross value added and intermediate consumption. The latter is the result of the activities of other enterprises. In this case, the external contribution can be decisive, and therefore the indicator "output" does not provide adequate representation of the results of enterprises. Another key indicator of enterprise activity is profit. At orientation to it, payment of labor, financing of social security and training of employees is the cost of the enterprise and the less they are, the greater the profit of the enterprise. But in modern conditions, in order to ensure sustainable economic development of a separate enterprise and the country as a whole, it is important to consider that hired workers are carriers of intellectual capital. Loss or reduction of this capital may lead to more significant losses than loss of physical and financial capital. Under such conditions, it is advisable to use the indicator "gross value added" as the main indicator of the effectiveness of the enterprise. Based on this indicator, the main result of the country's economic activity (gross domestic product) and regions (gross regional product) is determined. Gross value added is a very important indicator in terms of meeting the needs of all stakeholders in the productive activity of the company's: employees, owners of the enterprise, the state. The "gross value added" indicator is the main indicator of the company's activities from the point of view of the interests of the whole society, and the indicator "profit" is the main one from the point of view of the owners of the enterprise. The presence of these two indicators reflects the contradiction between the interests of society and the owners of enterprises. The use of the indicator "gross value added" as the main indicator of the company's activity provides a single conceptual basis for assessing the results of economic activity at the micro, mega and macro levels. The study of literary sources suggests the use of different indicators "value-added" to assess the performance of the enterprise. The greatest recognition was given to the "Economic Value Added" (EVA), "Shareholder Value Added " (SVA) and "Market Value Added" (MVA). According to the results of the analysis of these indicators, it was concluded that their general disadvantage is that they reflect the interests of the owners of the enterprise, and not society. Conclusions. Gross value added has a greater analytical value than profit, because, firstly, it gives a more adequate representation of the results of enterprises, and secondly, it determines the potential for capital accumulation. The use of this indicator provides a single conceptual framework for assessing the results of economic activity at the micro, mega-and macro level, since gross domestic product (GDP) and gross regional product (GRP) consist of the gross value added of all institutional units (residents), respectively, of the country and 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.

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