Regionalization of Value added calculations by Industry on the Basis of Production functions
https://doi.org/10.34023/2313-6383-2019-26-4-45-58
Abstract
Both international and Russian experience of constructing regional accounts demonstrate the failure to address theoretical and practical issues related to calculating industry-specific gross value added (GVA) at a regional level. The most common approach for this type of calculations is using direct and indirect indicators. They allow for the GVA volume to be distributed across the regions if there is a lack of relevant information for its direct counting based on primary data from local production units.
The paper systematizes GVA regionalization methods proposed in international recommendations, among which the production functions method is recognized as relevant and valid to measure GVA industry volumes at a regional level. The authors tested production functions on a set of mathematical and statistical methods to make GVA regionalization indicators for the Russian industries. The paper considers if there is room for elaborating industrial production index on the GVA structure determined by a statistically significant functional relationship with production factors localized on the territory of the respective regions.
About the Authors
P. V. Kryuchkova
Department of Economic Policy and Development of Moscow
Russian Federation
Russian Federation
Polina V. Kryuchkova - Dr. Sci. (Econ.); Deputy Head, Department of Economic Policy and Development of Moscow; Professor, Faculty of Economic Sciences, Department of Applied Economics, National Research University Higher School of Economics.
21, Voznesenskiy Pereulok, Moscow, 125032.
E. V. Zarova
Analytical Center by Moscow City Government
Russian Federation
Russian Federation
Elena V. Zarova - Dr. Sci. (Econ.), Professor, Deputy Head, Project Office, Analytical Center by Moscow City Government; Professor, Department of Statistics, Plekhanov Russian University of Economics.
11, New Arbat Ave., Bldg. 1, Moscow, 119019.
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Review
For citations:
Kryuchkova P.V., Zarova E.V. Regionalization of Value added calculations by Industry on the Basis of Production functions. Voprosy statistiki. 2019;26(4):45-58. (In Russ.) https://doi.org/10.34023/2313-6383-2019-26-4-45-58
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