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EVALUATION OF LEADING INDICATORS OF ECONOMIC ACTIVITY IN THE RUSSIAN FEDERATION USING OECD METHODOLOGY

Abstract

The article discusses the relationship between two methods of calculating leading economic indicators, characterizing lines of economic activities on the basis of the balance method and the PMI (Purchasing Management Indexes) method. The paper substantiates mathematics and statistical model for estimating strength of relationship between actual development parameters of the national mining industry and «leading output indicator» in two specified ways. In authors’ opinion results of empirical analysis allow for using the PMI method to tackle several differences in the processing data methodology applied by the Federal State Statistics Service in order to present it in international surveys, including those of the Organization for Economic Co-operation and Development (OECD).

About the Authors

I. Yu. Varjas
Financial Research Institute
Russian Federation
Moscow


A. N. Zubec
Financial University under the Government of the Russian Federation
Russian Federation
Moscow


References

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Review

For citations:


Varjas I.Yu., Zubec A.N. EVALUATION OF LEADING INDICATORS OF ECONOMIC ACTIVITY IN THE RUSSIAN FEDERATION USING OECD METHODOLOGY. Voprosy statistiki. 2016;(11):31-36. (In Russ.)

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ISSN 2313-6383 (Print)
ISSN 2658-5499 (Online)