Typology of Macroeconomic Parameters of Population Income

Tatiana Ladykova and Vladimir Bersenyov ()
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Tatiana Ladykova: Chuvash state University. I. N. Ulyanov

Economy of region, 2018, vol. 1, issue 2, 380 - 394

Abstract: Indicative planning is a significant tool for regulating the processes of socio-economic development at the regional level. Among the indicators used in this regard, we highlight the indicators that reflect the quantitative and qualitative characteristics of the human wellbeing. The aim of the study is to reveal the potential of indicative planning for analyzing and forecasting the dynamics of population income in a region. Our analysis is focused on the incomes of the population in regional scales. We consider the evolution of indicative planning. Moreover, we classify macroeconomic parameters reflecting different aspects of the dynamics of the regional population incomes according to different analytical blocks. In order to assess the relative importance of each indicator, we propose to evaluate them using three matrices: achieving objectives (how much indicators influence the achievement of main objectives); autonomy (how much indicators or processes ensure the stability of regional socio-economic system); regionality (to what degree they can be classified as internal factors of regional system). The authors substantiate a method of the construction of integral index including seven stages. Furthermore, we estimate the weights of the selected indicators according to the special criteria. The assessment has showed the influence of “big challenges†on the regional population incomes, on the integral index as well as on the block indexes. The proposed typology of macroeconomic parameters of the population income can be used to forecast the socio-economic development of regions within the framework of strategic planning. In addition, it can be applied by the authorities of the Russian Federation subjects for the indicative planning of economic and social policy. Moreover, it is useful when monitoring the dynamics of population income and other indicators reflecting the living standard of the inhabitants of a region.

Keywords: indicator; evolution of indicative planning; methods of indicative planning; monitoring of indicative plans; forecasting; integral index; population incomes; regional socio-economic system; evaluation criteria of indicators; decomposition of population incomes (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (2)

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