The work was carried out within the framework of the scientific
Posted: Mon Jan 27, 2025 5:29 am
The growing importance of Russian regions as leading economic actors competing for financial and labor resources has prompted scientists at Perm Polytechnic to develop adequate scenarios for their socioeconomic development. The specialists have created a mathematical model of the regional economy that will help identify sources of fluctuations, answer questions about structural changes, and even predict the effect of political changes in any region of the country.
project supported by the cayman islands phone number list Russian Foundation for Basic Research No. 21-78-10134 "Formalization of regional development processes based on the use of an agent-based approach in dynamic stochastic general equilibrium models".
"When constructing realistic development scenarios in the form of hybrid models, we took into account the characteristics of human capital, represented by the level of education and health of the regional community. In addition, we took into account the characteristics of the labor market and capital market, represented by interregional flows of migration and capital, and the characteristics of the production specialization of regions. This method will allow us to adequately and realistically reflect reality," shared Elena Kozonogova, associate professor of the Department of Economics and Finance.
According to scientists, the AnyLogic software product was used for the technical implementation of the model.
"The model we built from two neighboring regions showed that in order to achieve a short-term effect, economic policy should focus on current budget expenditures. Money spent on education and health care has a greater impact on the stock of human capital and long-term economic growth," said Associate Professor of the Department of Economics and Finance Yulia Dubrovskaya.
The program will be useful for executive bodies of state power and financial institutions in conducting budgetary and interregional policy in the territory of the subjects of the Russian Federation. In addition, the technology will be of interest to the heads of industrial and entrepreneurial structures in forming the role and prospects for the development of the enterprise, investors in identifying potentially effective projects for investment.
project supported by the cayman islands phone number list Russian Foundation for Basic Research No. 21-78-10134 "Formalization of regional development processes based on the use of an agent-based approach in dynamic stochastic general equilibrium models".
"When constructing realistic development scenarios in the form of hybrid models, we took into account the characteristics of human capital, represented by the level of education and health of the regional community. In addition, we took into account the characteristics of the labor market and capital market, represented by interregional flows of migration and capital, and the characteristics of the production specialization of regions. This method will allow us to adequately and realistically reflect reality," shared Elena Kozonogova, associate professor of the Department of Economics and Finance.
According to scientists, the AnyLogic software product was used for the technical implementation of the model.
"The model we built from two neighboring regions showed that in order to achieve a short-term effect, economic policy should focus on current budget expenditures. Money spent on education and health care has a greater impact on the stock of human capital and long-term economic growth," said Associate Professor of the Department of Economics and Finance Yulia Dubrovskaya.
The program will be useful for executive bodies of state power and financial institutions in conducting budgetary and interregional policy in the territory of the subjects of the Russian Federation. In addition, the technology will be of interest to the heads of industrial and entrepreneurial structures in forming the role and prospects for the development of the enterprise, investors in identifying potentially effective projects for investment.