Design of Methods for Long-Term Forecasting of Development Trends in the Russian Economy (Methodology and Model Toolkit)

The subject of this article is to describe possible areas for improvement of long-term economic forecasting methodology based on the mathematical toolkit of econometrics. Design issues are discussed with regard to methodological principles of applying this toolkit to forecasting and analytics. Speci...

Full description

Saved in:
Bibliographic Details
Published in:Studies on Russian economic development 2020-11, Vol.31 (6), p.636-646
Main Authors: Suvorov, N. V., Treshchina, S. V., Beletskii, Yu. V.
Format: Article
Language:English
Subjects:
Economic development
Economic forecasts
Economics
Economics and Finance
International Economics
Macroeconomic Problems
Macroeconomics
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:The subject of this article is to describe possible areas for improvement of long-term economic forecasting methodology based on the mathematical toolkit of econometrics. Design issues are discussed with regard to methodological principles of applying this toolkit to forecasting and analytics. Special attention is paid to the development of a forecasting and analytical calculation scheme that ensures interconnected generation of long-term indicators of economic development at the macroeconomic and sectoral levels.
ISSN:1075-7007
1531-8664
DOI:10.1134/S107570072006012X