IDEAS home Printed from https://ideas.repec.org/p/rnp/wpaper/032042.html
   My bibliography  Save this paper

Theoretical approaches to forecasting regional macro-indicators
[Теоретические Подходы К Прогнозированию Региональных Макропоказателей]

Author

Listed:
  • Gorshkova, Taisiya (Горшкова, Таисия)

    (The Russian Presidential Academy of National Economy and Public Administration)

  • Turuntseva, Marina (Турунцева, Марина)

    (The Russian Presidential Academy of National Economy and Public Administration)

Abstract

The work is devoted to the analysis of existing theoretical models for forecasting regional macro-indicators and the study of the possibility of forecasting Russian data based on the selected theoretical approaches. A comparative analysis of theoretical approaches to modeling regional data is carried out. The approaches considered include diversification indices based on various economic theory, analysis of the possibility of using a composite welfare index as a proxy variable for the economic situation, and application of dynamic and non-linear models to regional data. The study was conducted on data on a set of macro indicators (CPI, GRP per capita, unemployment rate, average per capita income, etc.) in all regions of Russia, as well as for regions united by federal districts and by clusters determined on the basis of theoretical approaches. On the Russian data, various diversification indices were analyzed, and ensembles of neural networks and vector autoregressions were constructed, including taking into account the spatial dependence between the indicators.

Suggested Citation

  • Gorshkova, Taisiya (Горшкова, Таисия) & Turuntseva, Marina (Турунцева, Марина), 2020. "Theoretical approaches to forecasting regional macro-indicators [Теоретические Подходы К Прогнозированию Региональных Макропоказателей]," Working Papers 032042, Russian Presidential Academy of National Economy and Public Administration.
  • Handle: RePEc:rnp:wpaper:032042
    as

    Download full text from publisher

    File URL: https://repec.ranepa.ru/rnp/wpaper/032042.pdf
    Download Restriction: no
    ---><---

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rnp:wpaper:032042. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: RANEPA maintainer (email available below). General contact details of provider: https://edirc.repec.org/data/aneeeru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.