Methodological Approach to Assessment Socio-Economic Development of the Chuvash Republic (Subject of the Russian Federation)

The article develops a methodological approach to the assessment of socio-economic development of the Chuvash Republic, which allows to consider the factors with heterogeneous metrics. The scientific novelty of the study lies in the combination of methods used and the sequence of stages implemented:...

Full description

Bibliographic Details
Main Authors: Tatyana Ladykova, Tatyana Ivanova, Viktor Streltsov, Anatoly Sayganov, Ekaterina Ladykova
Format: Article
Language:English
Published: MDPI AG 2023-06-01
Series:Economies
Subjects:
Online Access:https://www.mdpi.com/2227-7099/11/7/176
_version_ 1797589603115335680
author Tatyana Ladykova
Tatyana Ivanova
Viktor Streltsov
Anatoly Sayganov
Ekaterina Ladykova
author_facet Tatyana Ladykova
Tatyana Ivanova
Viktor Streltsov
Anatoly Sayganov
Ekaterina Ladykova
author_sort Tatyana Ladykova
collection DOAJ
description The article develops a methodological approach to the assessment of socio-economic development of the Chuvash Republic, which allows to consider the factors with heterogeneous metrics. The scientific novelty of the study lies in the combination of methods used and the sequence of stages implemented: (1) index analysis of thirty-two indicators divided into seven macro-regional blocks (income, labor, business, ecology, social, prospects, finance); (2) development of formulas for each of them and calculation of integral indicators characterizing their dynamics; (3) development of a formula to determine the rate of socio-economic development; (4) one hundred graphs for forecasting socio-economic development were constructed; (5) thirty-one legal and regulatory acts were analyzed and the dependence by year between the indicator of the rate of socio-economic development developed by the authors and the number of legal and regulatory acts implemented in the country and the region was revealed; (6) a refined classification of the rate of socio-economic development was proposed. Having determined the current situation (2020 is a state close to sustainable—the rate of 99.5%, respectively), and based on the calculated forecast values of the rate of socio-economic development of the Chuvash Republic, it is possible to influence this process depending on the objectives for the medium term, taking the necessary regulatory legal acts, aimed at financing specific macroeconomic blocks. This methodical approach is a universal calculation tool and has great potential for further research. It can be used to assess not only the impact of certain indicators on socio-economic development, it is also applicable to other sectors and spheres of activity.
first_indexed 2024-03-11T01:08:50Z
format Article
id doaj.art-7cba3d9c0ed74df9b668362a669a9bc1
institution Directory Open Access Journal
issn 2227-7099
language English
last_indexed 2024-03-11T01:08:50Z
publishDate 2023-06-01
publisher MDPI AG
record_format Article
series Economies
spelling doaj.art-7cba3d9c0ed74df9b668362a669a9bc12023-11-18T19:01:49ZengMDPI AGEconomies2227-70992023-06-0111717610.3390/economies11070176Methodological Approach to Assessment Socio-Economic Development of the Chuvash Republic (Subject of the Russian Federation)Tatyana Ladykova0Tatyana Ivanova1Viktor Streltsov2Anatoly Sayganov3Ekaterina Ladykova4Faculty of Economics, Moscow State University Named after M.V. Lomonosov, 1 Leninskiye Gory, Moscow 119991, RussiaCenter for Human Development, Institute of Economics of the Russian Academy of Sciences, 32 Nakhimovsky Ave., Moscow 117218, RussiaPresidium of the Russian Academy of Sciences, Russian Academy of Sciences, 14 Leninsky Ave., Moscow 119991, RussiaDepartment of Labor and Social Relations, Institute for System Research in the Agroindustrial Complex of the National Academy of Sciences of Belarus, 103 Kazintsa Str., 220108 Minsk, BelarusFaculty of Mechanics and Mathematics, Moscow State University Named after M.V. Lomonosov, 1 Leninskiye Gory, Moscow 119991, RussiaThe article develops a methodological approach to the assessment of socio-economic development of the Chuvash Republic, which allows to consider the factors with heterogeneous metrics. The scientific novelty of the study lies in the combination of methods used and the sequence of stages implemented: (1) index analysis of thirty-two indicators divided into seven macro-regional blocks (income, labor, business, ecology, social, prospects, finance); (2) development of formulas for each of them and calculation of integral indicators characterizing their dynamics; (3) development of a formula to determine the rate of socio-economic development; (4) one hundred graphs for forecasting socio-economic development were constructed; (5) thirty-one legal and regulatory acts were analyzed and the dependence by year between the indicator of the rate of socio-economic development developed by the authors and the number of legal and regulatory acts implemented in the country and the region was revealed; (6) a refined classification of the rate of socio-economic development was proposed. Having determined the current situation (2020 is a state close to sustainable—the rate of 99.5%, respectively), and based on the calculated forecast values of the rate of socio-economic development of the Chuvash Republic, it is possible to influence this process depending on the objectives for the medium term, taking the necessary regulatory legal acts, aimed at financing specific macroeconomic blocks. This methodical approach is a universal calculation tool and has great potential for further research. It can be used to assess not only the impact of certain indicators on socio-economic development, it is also applicable to other sectors and spheres of activity.https://www.mdpi.com/2227-7099/11/7/176socio-economic developmentmethodical approachevaluationforecastingregulatory impactChuvash Republic
spellingShingle Tatyana Ladykova
Tatyana Ivanova
Viktor Streltsov
Anatoly Sayganov
Ekaterina Ladykova
Methodological Approach to Assessment Socio-Economic Development of the Chuvash Republic (Subject of the Russian Federation)
Economies
socio-economic development
methodical approach
evaluation
forecasting
regulatory impact
Chuvash Republic
title Methodological Approach to Assessment Socio-Economic Development of the Chuvash Republic (Subject of the Russian Federation)
title_full Methodological Approach to Assessment Socio-Economic Development of the Chuvash Republic (Subject of the Russian Federation)
title_fullStr Methodological Approach to Assessment Socio-Economic Development of the Chuvash Republic (Subject of the Russian Federation)
title_full_unstemmed Methodological Approach to Assessment Socio-Economic Development of the Chuvash Republic (Subject of the Russian Federation)
title_short Methodological Approach to Assessment Socio-Economic Development of the Chuvash Republic (Subject of the Russian Federation)
title_sort methodological approach to assessment socio economic development of the chuvash republic subject of the russian federation
topic socio-economic development
methodical approach
evaluation
forecasting
regulatory impact
Chuvash Republic
url https://www.mdpi.com/2227-7099/11/7/176
work_keys_str_mv AT tatyanaladykova methodologicalapproachtoassessmentsocioeconomicdevelopmentofthechuvashrepublicsubjectoftherussianfederation
AT tatyanaivanova methodologicalapproachtoassessmentsocioeconomicdevelopmentofthechuvashrepublicsubjectoftherussianfederation
AT viktorstreltsov methodologicalapproachtoassessmentsocioeconomicdevelopmentofthechuvashrepublicsubjectoftherussianfederation
AT anatolysayganov methodologicalapproachtoassessmentsocioeconomicdevelopmentofthechuvashrepublicsubjectoftherussianfederation
AT ekaterinaladykova methodologicalapproachtoassessmentsocioeconomicdevelopmentofthechuvashrepublicsubjectoftherussianfederation