Possible Alternatives to the Gross Regional Product Indicator

N. N. Mikheeva ()
Additional contact information
N. N. Mikheeva: Institute of Economic Forecasting

Studies on Russian Economic Development, 2020, vol. 31, issue 1, 24-30

Abstract: Abstract The paper shows the possibilities and limitations of using the gross regional product (GRP) indicator in regional research and management. The regional inclusive development index (RIDI) is proposed to assess the qualitative aspects of regional growth in the long term. The results of interregional comparisons of per capita GRP and RIDI indicators are presented. It is shown that accounting for many factors in the RIDI leads to a significant decrease in the indicators of interregional differentiation as compared with the average per capita GRP. The conclusion is substantiated that the indices characterizing the qualitative aspects of economic growth cannot replace the GRP in the development of economic policy, but they are an important complement to quantitative indicators.

Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://link.springer.com/10.1134/S1075700720010098 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sorede:v:31:y:2020:i:1:d:10.1134_s1075700720010098

Ordering information: This journal article can be ordered from
https://www.springer ... nomics/journal/11507

DOI: 10.1134/S1075700720010098

Access Statistics for this article

Studies on Russian Economic Development is currently edited by Viktor V. Ivanter, Dmitrii B. Kuvalin and Galina A. Yaremenko

More articles in Studies on Russian Economic Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().