REGIONAL ASSESMENT OF ECONOMIC DEVELOPMENT

http://doi.org/10.24057/2414-9179-2018-1-24-44-53

View or download the article (Rus)

About the Authors

Vladimir S. Tikunov

Lomonosov Moscow State University, Faculty of Geography,
Head of Laboratory of Integrated Mapping, Doctor of Geography,
E-mail: tikunov@geogr.msu.su

Olga Yu. Chereshnia

Lomonosov Moscow State University, Faculty of Geography, Laboratory of Integrated Mapping,
scientific researcher, PhD,
E-mail: chereshnia.o@geogr.msu.ru

Abstract

There are large number of methodologies for assessment the state of economy of countries and regions. Along with the estimation of economic growth, there are attempts to objectively assess economic development of territories. Such techniques exist in our country, but its usage is mainly limited to certain regions.

The article presents the continuation of research on the methodology developed by the authors for an integrated assessment of economic development and its individual components at the level of the regions of the Russian Federation with the help of the Economic Development Index (IED). This index takes into account the experience of similar techniques, but at the same time aims to minimize the number of indicators used in order to focus on the most important of them and to facilitate the interpretation of results. Calculation of the index based on selected numerical indicators which we believe are simple, and at the same time completely reflect qualitative changes in economy, development of resource potential of the region, level of personal consumption for the population, level of production of goods and services: gross regional product (GRP), value of fixed assets, foreign direct investment (FDI) and investments in fixed assets. All indicators referred to the average population. The methodology uses only indicators of official statistics, which helps to avoid distortion of subjective assessments. These results can be used to monitor changes in the level of economic development and to solve the system regional problems.

Keywords

economic index, economic development, GRP, regions of Russia, investments.

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For citation: Tikunov V.S., Chereshnia O.Yu. REGIONAL ASSESMENT OF ECONOMIC DEVELOPMENT Proceedings of the International conference “InterCarto. InterGIS”. 2018;24(1):44–53 http://doi.org/10.24057/2414-9179-2018-1-24-44-53