Regressional modeling and forecasting of economic growth for Arkhangelsk region
The regression models of GRP, considering the impact of three main factors: investment in fixed assets, wages amount, and, importantly, the innovation factor –the expenditures for research and development, are constructed in this paper on the empirical data for Arkhangelsk region. That approach perm...
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Institute of Economics, Ural Branch of the Russian Academy of Sciences
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fturalfuniv:oai:elar.urfu.ru:10995/131779 2024-05-19T07:36:57+00:00 Regressional modeling and forecasting of economic growth for Arkhangelsk region Goridko, N. P. Nizhegorodtsev, R. M. 2012 application/pdf http://elar.urfu.ru/handle/10995/131779 https://doi.org/10.17059/2012-4-12 ru rus Institute of Economics, Ural Branch of the Russian Academy of Sciences Институт экономики Уральского отделения РАН Экономика региона. 2012. Выпуск 4 Goridko N. P. Regressional modeling and forecasting of economic growth for Arkhangelsk region / N. P. Goridko, R. M. Nizhegorodtsev // Economy of Region. — 2012. — Iss. 4. — P. 122-130. 2411-1406 2072-6414 http://elar.urfu.ru/handle/10995/131779 doi:10.17059/2012-4-12 84991434552 info:eu-repo/semantics/openAccess Econ. Reg. Economy of Region AUTOREGRESSION CONFIDENCE INTERVAL OF THE FORECAST ECONOMIC GROWTH FACTORS REGRESSION MODEL TREND VALUE Article info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion 2012 fturalfuniv https://doi.org/10.17059/2012-4-12 2024-04-24T00:13:46Z The regression models of GRP, considering the impact of three main factors: investment in fixed assets, wages amount, and, importantly, the innovation factor –the expenditures for research and development, are constructed in this paper on the empirical data for Arkhangelsk region. That approach permits to evaluate explicitly the contribution of innovation to economic growth. Regression analysis is the main research instrument, all calculations are performed in the Microsoft Excel. There were made meaningful conclusions regarding the potential of the region's GRP growth by various factors, including impacts of positive and negative time lags. Adequate and relevant models are the base for estimation and forecasting values of the dependent variable (GRP) and evaluating their confidence intervals. The invented method of research can be used in factor assessment and prediction of regional economic growth, including growth by expectations. Article in Journal/Newspaper Arkhangelsk Ural Federal University (URFU): ELAR Economy of Region 122 130 |
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Open Polar |
collection |
Ural Federal University (URFU): ELAR |
op_collection_id |
fturalfuniv |
language |
Russian |
topic |
AUTOREGRESSION CONFIDENCE INTERVAL OF THE FORECAST ECONOMIC GROWTH FACTORS REGRESSION MODEL TREND VALUE |
spellingShingle |
AUTOREGRESSION CONFIDENCE INTERVAL OF THE FORECAST ECONOMIC GROWTH FACTORS REGRESSION MODEL TREND VALUE Goridko, N. P. Nizhegorodtsev, R. M. Regressional modeling and forecasting of economic growth for Arkhangelsk region |
topic_facet |
AUTOREGRESSION CONFIDENCE INTERVAL OF THE FORECAST ECONOMIC GROWTH FACTORS REGRESSION MODEL TREND VALUE |
description |
The regression models of GRP, considering the impact of three main factors: investment in fixed assets, wages amount, and, importantly, the innovation factor –the expenditures for research and development, are constructed in this paper on the empirical data for Arkhangelsk region. That approach permits to evaluate explicitly the contribution of innovation to economic growth. Regression analysis is the main research instrument, all calculations are performed in the Microsoft Excel. There were made meaningful conclusions regarding the potential of the region's GRP growth by various factors, including impacts of positive and negative time lags. Adequate and relevant models are the base for estimation and forecasting values of the dependent variable (GRP) and evaluating their confidence intervals. The invented method of research can be used in factor assessment and prediction of regional economic growth, including growth by expectations. |
format |
Article in Journal/Newspaper |
author |
Goridko, N. P. Nizhegorodtsev, R. M. |
author_facet |
Goridko, N. P. Nizhegorodtsev, R. M. |
author_sort |
Goridko, N. P. |
title |
Regressional modeling and forecasting of economic growth for Arkhangelsk region |
title_short |
Regressional modeling and forecasting of economic growth for Arkhangelsk region |
title_full |
Regressional modeling and forecasting of economic growth for Arkhangelsk region |
title_fullStr |
Regressional modeling and forecasting of economic growth for Arkhangelsk region |
title_full_unstemmed |
Regressional modeling and forecasting of economic growth for Arkhangelsk region |
title_sort |
regressional modeling and forecasting of economic growth for arkhangelsk region |
publisher |
Institute of Economics, Ural Branch of the Russian Academy of Sciences |
publishDate |
2012 |
url |
http://elar.urfu.ru/handle/10995/131779 https://doi.org/10.17059/2012-4-12 |
genre |
Arkhangelsk |
genre_facet |
Arkhangelsk |
op_source |
Econ. Reg. Economy of Region |
op_relation |
Экономика региона. 2012. Выпуск 4 Goridko N. P. Regressional modeling and forecasting of economic growth for Arkhangelsk region / N. P. Goridko, R. M. Nizhegorodtsev // Economy of Region. — 2012. — Iss. 4. — P. 122-130. 2411-1406 2072-6414 http://elar.urfu.ru/handle/10995/131779 doi:10.17059/2012-4-12 84991434552 |
op_rights |
info:eu-repo/semantics/openAccess |
op_doi |
https://doi.org/10.17059/2012-4-12 |
container_title |
Economy of Region |
container_start_page |
122 |
op_container_end_page |
130 |
_version_ |
1799476133940428800 |