The System of Short-Term Regional Economic Monitoring in Moscow

A. A. Shirov (), V. V. Potapenko, K. M. Nikitin and Yu. Yu. Chaplina
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A. A. Shirov: Institute of Economic Forecasting, Russian Academy of Sciences
V. V. Potapenko: Institute of Economic Forecasting, Russian Academy of Sciences
K. M. Nikitin: Tax Policy Center
Yu. Yu. Chaplina: Tax Policy Center

Studies on Russian Economic Development, 2022, vol. 33, issue 3, 301-310

Abstract: Abstract The article describes the system of short-term regional economic monitoring. The system has been developed by the authors and tested in Moscow since 2020. It consists of four hierarchical levels: aggregated regional economy, largest industries of regional economy, largest organizations by industry, small business. The system is a tool for short-term detailed analysis of regional economic performance. Both official national statistics and different auxiliary statistical sources have been embedded into the monitoring. Within the system a set of coincident indicators have been developed that allows for providing monthly estimates of gross regional product’s growth rate with one month lag.

Keywords: regional economics; economic monitoring; composite coincident indicators; gross regional product (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1134/S1075700722030145

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