Diagnostics of the Regional Economic Development Based on a System of Leading Indicators
Journal Title: Проблеми економіки - Year 2014, Vol 2014, Issue 4
Abstract
The article analyzes the prospects of using a system of consolidated economic development indicator indices for operational diagnostics of the regional economic development. The analysis shows that inclusion of consolidated leading, coincident, and lagging indicators into the system of operational diagnostics of the socio-economic development of regions allows predicting the trends for the immediate future and diagnosing the economic development of a region as pre-critical, critical, or as growth depending on the dynamics and temporal correlation of the turning points of consolidated indicators. Using the example of Kharkiv region, smoothing and search for the turning points in the economic development were conducted on the basis of monthly data using filtration. Consolidated leading, coincident, and lagging indicator indices were constructed which suggest the leading character of erosion of the purchasing power of the population relative to the decrease in industrial production volumes. Analysis of the dynamics of consolidated indicators over the past two years allowed concluding that the critical situation is still in progress and currently there are no signs of stabilization observed. After a certain increase in late 2013, the consolidated leading indicator index dropped drastically again, which suggests a new wave of crisis developments.
Authors and Affiliations
Olga Veshchypan, Olha Poliakova
Keywords
Related Articles
- EP ID EP163488
- DOI -
- Views 89
- Downloads 0
Efficiency of Working Capital Management in the System of Financial Safety of Trade Enterprises
The article investigates theoretical and methodological and practical aspects of managing the financial security of enterprises of wholesale and retail trade in Ukraine, summarizes the scientific approaches to assessing...
Current Legislation in the Sphere of Strategic Development of Ukraine and its Regions
In article features of state regulation of strategic development of regions in Ukraine are considered. The current legislation is analyzed, its lacks both at a development cycle, and at a stage of practical realization a...
Systemic and Non-Systemic Corruption in Education: the Game Model
The aim of the article is to analyze the existing practices of corruption in higher education and their impact on its quality index as well as develop recommendations on their overcoming. Game methods to analyze the corr...
The Catastrophe Theory as a Conceptual and Methodological Basis for Assessing the Stability of Socio-Economic Systems
There has been proposed a conceptual approach to studying the instability of main indicators of socio-economic development of Ukraine’s economy aimed at solving problems of assessment, analysis and forecasting the state...
Modeling of ineffective Norms of economic Agents' Behavior in Terms of Relationship of "Investor - Government" type
This paper considers relationship between investors and government in frame of their activity in some economic system. Author analyzed the reasons and proposed model of decisions (behavior) of investors, depending on the...