Problems and Methods for Computation of the Volume Indices of Gross Regional Product
Abstract
The author considers the role of the volume index of gross regional product (GRP) in the general system of macroeconomic statistics used to formulate socio-economic regional policy. Special attention is given to problems associated with the computation of this index at the regional level.
Implementing the double-deflation method for the estimation of gross value added of industries in constant prices, used in calculating gross domestic product (GDP), at the regional level requires the solution of complex information problems. The method of deflation of the components of the final use of GDP cannot be applied to the regional level because gross regional product is not computed by final use method. As a result, there is a need to search for simplified methods, which would approximate the required estimate.
The article contains a description of the experimental alternative computation of volume index of gross regional product for Moscow for the period from 2011 to 2016. The obtained estimates are on the whole consistent with the published figures, add to them and can be used for control purpose.
About the Author
Tat’yana V. Shinkarenko
Lomonosov Moscow State University
Russian Federation
Russian Federation
Post-graduate Student, Department of Statistics, Faculty of Economics
References
1. System of National Accounts 2008. New York: International Monetary Fund, Organisation for Economic Cooperation and Development, United Nations, World Bank; 2012. (In Russ.)
2. Bloem A.M., Dippelsman R.J., Maehle N.O. Manual for Quarterly National Accounts: Concepts, Data Sources, And Compilation. Washington, D.C.: International Monetary Fund, 2001.
3. CIS-Stat - Interstate Statistical Committee of the Commonwealth of Independent States. Recommendations for Improving Methods for Estimating Gross Domestic Product at Constant Prices. Moscow; 2000. (In Russ.). Available from: http://www.armstat.am/file/doc/99475953.pdf.
4. CIS-Stat - Interstate Statistical Committee of the Commonwealth of Independent States.Recommendations for Improving the Methodology for Calculating GDP at Constant Prices. Moscow; 2005. (In Russ.). Available from:http://www.armstat.am/file/doc/99475958.pdf.
Review
For citations:
Shinkarenko T.V. Problems and Methods for Computation of the Volume Indices of Gross Regional Product. Voprosy statistiki. 2018;25(10):21-27. (In Russ.)
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