Comparative Analysis of Results of Assessing the Central Federal Distict´s Regions´ Economic Development by Using Linear and Non-Linear Models

This paper provides a comparative analysis of results of estimating specific efficacy that characterizes the amount of gross regional product depending on expenditure on technological innovations, the fixed capital and the average annual number of persons employed. This approach includes comparison...

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Bibliographic Details
Published in:Statistika (Prague, Czech Republic) Czech Republic), 2019-09, Vol.99 (3), p.272-286
Main Authors: Roman Zhukov, Gennadiy Kuznetsov, Sergey Gorodnichev, Evgeniy Manokhin, Ekaterina Nazyrova, Elena Melay
Format: Article
Language:English
Subjects:
gross domestic product by region
Indicators
modeling
Online Access:Get full text
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Summary:This paper provides a comparative analysis of results of estimating specific efficacy that characterizes the amount of gross regional product depending on expenditure on technological innovations, the fixed capital and the average annual number of persons employed. This approach includes comparison of actual data with normative values calculated for three types of models: linear, logarithmic, and power multiplicative. The particular performance indicator is determined as a relation between actual and normative values for the Russian Federation’s Central District’s regions. The investigation’s information base was statistical data on the regions of the RF CFD for 2007–2016. The issues under discussion are differences in results of evaluation obtained in using the first, second and third type models.
ISSN:0322-788X
1804-8765