scholarly journals RESIDENTIAL TRANSACTIONS AS LEADING ECONOMIC INDICATOR

2018 ◽  
pp. 206-210
Author(s):  
LIA TOTLADZE
Keyword(s):  
Economic Development ◽  
Economic Activity ◽  
Economic Indicator ◽  
Economic Indicators ◽  
Leading Indicators ◽  
Methodological Issues ◽  
Leading Indicator ◽  
Leading Economic Indicators ◽  
Change Impact ◽  
Selection Of

It is important to predict trends of economic development for any country. Researchers and practitioners use different ways for evaluation and forecasting economic activity. Identification of indicators, which change impact on the economy in general, is one of the widespread methods. The most appropriate tools to solve this problem are the leading indicators and indexes based on leading indicators. The selection of indicators depends on the specificity of the country’s economy. Among the leading economic indicators is the dynamics of applications for the Building permissions for private houses, and can also be successfully use residential transactions. Depending on the above, the paper deals the aspects of calculation of leading economic indicators. This paper analyses some aspects of the effectiveness of indicator for predicting economic activity and describes the methodological issues forward leading indicators. Particular attention is paid to analysis of residential transactions dynamics as a leading indicator as in theoretical as in practical terms. The article highlights the peculiarities of its implementation in Georgia.

METHODOLOGICAL APPROACHES TO IDENTIFYING INDUSTRIAL PRIORITIES OF EMPLOYMENT IN THE CONTEXT OF ASSESSMENT OF THE PROCESS OF ITS RESTRUCTURIZATION

2021 ◽  
Vol 99 (3) ◽  
pp. 41-58
Author(s):  
Vyacheslav Dodonov ◽  
Keyword(s):  
Economic Development ◽  
Labor Market ◽  
Economic Activity ◽  
Methodological Approach ◽  
Sequential Process ◽  
Government Programs ◽  
Sectoral Structure ◽  
Methodological Approaches ◽  
Selection Of

The regulation of the restructuring employment processes that occurs in the course of the development of the economy and the evolution of its structure should be based on the selection of sectoral priorities and be accompanied by an assessment of this process in terms of its compliance with the needs of the development of progressive types of economic activity. In this regard, the problem of elaborating methodological approaches that ensure the orderliness and controllability of the process of restructuring employment, including objectifying the choice of progressive industries and assessing the quality of shifts in the sectoral structure of employment, is highly relevant. The article substantiates approaches to identifying sectoral priorities for restructuring employment based on the criteria of economic efficiency and involvement in the implementation of government programs and also proposes a sequential process for evaluating the quality of shifts in employment based on their compliance with the selected sectoral priorities. Within the framework of the proposed approaches, using the example of the labor market in Kazakhstan, the results obtained are presented, such as a sequence of analytical actions to determine the range of priority sectors, a matrix for identifying sectoral priorities for employment, a scheme for implementing a methodological approach to assessing the quality of shifts in the sectoral structure of employment. On the basis of the proposed approaches, an assessment of the quality of shifts in the sectoral structure of employment in Kazakhstan was carried out and conclusions were drawn about the insufficient correspondence of these shifts to the priorities of the country's economic development.

scholarly journals Construction of business confidence index based on a system of economic indicators

2019 ◽  
Vol 65 ◽  
pp. 06003
Author(s):  
Vita Los ◽  
Dmytro Ocheretin
Keyword(s):  
Regression Models ◽  
Economic Indicators ◽  
Leading Indicators ◽  
Business Climate ◽  
Cross Correlation Analysis ◽  
Leading Economic Indicators ◽  
Business Confidence ◽  
Confidence Index ◽  
Index Value ◽  
Difficult Situations

One of the important indicators that characterize the economy of the country is the business confidence index. It is the basis for tracking the cycles of economic dynamics and analysis of the country's business climate. Evaluation of this indicator makes it possible to predict the crisis phenomena that are occurring in the economy, and to develop possible ways out of difficult situations. On the example of the five countries (Ukraine, Germany, Hungary, Slovenia, Poland) it was also analyzed the possibility of constructing the business confidence index based on economic indicators, which characterize current economic activity of the country. For analysis, the quarterly values of economic indicators over the last years were taken. The selected economic indicators based on cross-correlation analysis were ranked into three groups: coincident, lagging and leading indicators. Using coincident and leading economic indicators, the several regression models of the business confidence index were built. On the basis of the obtained regression models, the forecast of business confidence index value for the next period is evaluated and the trends of its development are established.

FORECASTING WITH LEADING ECONOMIC INDICATORS AND THE POLLS IN 2012

2013 ◽  
Vol 46 (01) ◽  
pp. 38-39 ◽  
Author(s):  
Robert S. Erikson ◽  
Christopher Wlezien
Keyword(s):  
Early Reading ◽  
Economic Indicators ◽  
Exact Equation ◽  
Leading Indicators ◽  
Recent Trial ◽  
Leading Economic Indicators ◽  
Incumbent Party

On August 1, 2012, we prepared a forecast of the 2012 presidential vote forPS. Our model contains two variables: (1) the cumulated weighted growth in leading economic indicators (LEI) through quarter 13 of the current presidential term and (2) the incumbent party candidate's share in the most recent trial-heat polls, which were for the month of July. What mostly distinguishes our model from others is the reliance on leading indicators from the quarter ending in March of the election year. The early reading of LEI works well as a predictor because it summarizes growth in the economy leading up to the election year and also provides advance indication of changes in the economy during the election year. The exact equation and the exact forecast change as the poll readings change during the election year.

Theoretical and methodological approaches to environmental and economic assessment of the Baikal territory

2019 ◽  
pp. 40-56
Author(s):  
S.M. Nikonorov ◽  
S.N. Kirillov ◽  
S.V. Solovieva ◽  
A.A. Pakina
Keyword(s):  
Environmental Management ◽  
Economic Development ◽  
Natural Resources ◽  
Economic Activity ◽  
Local Population ◽  
Economic Assessment ◽  
Environmental Indicators ◽  
Natural Area ◽  
Management Efficiency ◽  
Methodological Approaches

Current assessments of sustainability are based on traditional indicators and need to be adjusted. The article analyzes the factors of environmental management efficiency and shows the interdependence of ecosystems’ state and economic development on example of the Baikal natural area. The development of economic activity in the region largely dependson the ability to use the water resources of the lake Baikal, which is experiencing a significant anthropogenic load, and the basis for the regulation of natural resources are prohibitive and restrictive mechanisms that do not take into account the interests of the local population. The article proposes approaches to improving the assessment of development, taking into account the socio-economic and environmental indicators of the Baikal natural area.

Anti-Ideology of Entrepreneurship as an Attribute of Entrepreneurial Projects

2020 ◽  
Vol 26 (8) ◽  
pp. 830-839
Author(s):  
E. Ya. Litau
Keyword(s):  
Economic Development ◽  
Economic Activity ◽  
Creative Destruction ◽  
Innovative Activity ◽  
Entrepreneurial Activity ◽  
Methodological Principle ◽  
Historical Period ◽  
Professional Literature ◽  
Efficient System ◽  
The Relationship

Aim. The presented study examines and develops theoretical and methodological foundations that make it possible to distinguish innovative entrepreneurship among other economic phenomena.Tasks. The author identifies the specific features of entrepreneurship and its qualitative differences from other types of economic activity aimed at obtaining benefits, specifies the relationship between creative destruction and economic development, determines the attributes of innovative entrepreneurship.Methods. This study uses systematic analysis of professional literature on entrepreneurship to highlight the main attributes of entrepreneurial activity. The methodology of dialectical contradiction in its original Hegelian interpretation plays an important role in elaborating and substantiating the definition of entrepreneurship. The author considers innovative activity as creation of new values, which, according to the logic of dialectical development, destroy the old ones, triggering the process of economic development.Results. An approach to understanding the phenomenon of entrepreneurship is proposed, making it possible to distinguish this type of activity as significantly different from other types of economic activity, which may be externally similar but have different content. During the development of this approach, the concept of “anti-ideology” of entrepreneurship is introduced, which reflects the essence of innovative activity as a process of creative destruction. The necessary and sufficient attributes of entrepreneurial innovation are identified, making it possible to reflect the meaning of this phenomenon and verify this complex defining structural element in the system of economic relations. The study substantiates that the level of anti-ideology and public benefit can be used as criteria for assessing the significance of an entrepreneurial idea. A progressive model of anti-idea realization (PMA) is proposed based on the methodological principle. It can be used to develop an efficient system for evaluating startups within the framework of venture capitalism.Conclusions. Specification of the relationship between creative destruction and economic development is crucial to understanding the importance of innovative entrepreneurship. Each historical period creates its own demand for a specific type of entrepreneurs. The principle of anti-ideology, which lies at the heart of the PMA model, is key in identifying competitive commercial ideas, making it possible to focus resources and attention on projects that can make a significant contribution to economic development.

scholarly journals New Indexes of Coincident and Leading Economic Indicators

1989 ◽  
Vol 4 ◽  
pp. 351-394 ◽  
Author(s):  
James H. Stock ◽  
Mark W. Watson
Keyword(s):  
Economic Indicators ◽  
Leading Economic Indicators

Customs regulation of activities on the territory of special economic zones

2021 ◽  
Author(s):  
Veronika Grigoryevna Iordanova ◽  
Andrei Romanovich Bojko
Keyword(s):  
Economic Development ◽  
Russian Federation ◽  
Foreign Investment ◽  
Economic Activity ◽  
Global Value Chains ◽  
Value Chains ◽  
Special Economic Zones ◽  
Socio Economic Development ◽  
The Russian Federation ◽  
Economic Zones

In the article, the authors analyze the functioning of special economic zones in the Russian Federation. Currently, based on the established world practice, special economic zones can act as a catalyst for attracting foreign investment and ensuring effective regional socio-economic development. Therefore, according to the authors, the issues of improving the functioning of the SEZ are of particular importance. The analysis of the results of the functioning of special economic zones in the Russian Federation shows that there is a significant potential for their development. Due to the fact that the functioning of special economic zones is inextricably linked with the conduct of foreign economic activity, and the SEZs themselves are a tool for integrating the country into global value chains, the issues of customs regulation of activities on their territory become important, which acts as an effective way for the state to influence foreign economic activity and have significant opportunities in stimulating the development of special economic zones in the Russia. In this regard, the study of the application of customs regulation measures as important factors in the development of special economic zones in the Russian Federation is very relevant. Special attention was paid to the study of the regulatory framework for the application of customs procedures in respect of goods imported into the territory of special economic zones and exported from such territories. According to the results of the study, it was found that there are significant gaps in the current legislative regulation of this range of legal relations. The article formulates specific measures that can contribute to improving the efficiency of the functioning of special economic zones in the Russian Federation.

Sign in / Sign up

Export Citation Format

Share Document