Economic Assessment of the Development Level of the Central Federal District Regions of the Russian Federation: Econometric Approach

Roman Zhukov

Economic Assessment of the Development Level of the Central Federal District Regions of the Russian Federation: Econometric Approach

Číslo: 1/2018
Periodikum: Statistika

Klíčová slova: Regional economy, socio-ecological and economic systems, econometric modeling, integral indicators, balance

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Anotace: The article is devoted to assessment of the development level of the Central Federal district, based on the study

of gross domestic product by region by Russian Classification of Economic Activities grouped by institutional
sector of the economy. We apply the author's methodological toolkit that includes the formation of individual
and integrated indicators of the functioning of complex systems, considered as socio-ecological and economic
systems. The algorithm of constructing indicators is based on aggregate data and econometric modeling and
takes into account both individual assessment indicators and specific conditions for these systems functioning
(factors of condition and impact). We present the methodology of forming the harmonic coefficient characterizing
the equilibrium of socio-ecological and economic systems economic development by activities, the latter is one
of the criteria of complex systems stability. This approach was tested on the example of Central Federal district
regions using Russian Federation Federal State Statistics Service data for 2007–2015.