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“New” Regional Proportions: Results of Calculating Gross Regional Product

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Studies on Russian Economic Development Aims and scope

Abstract

The article discusses the results of the transition of Rosstat to a new methodology for calculating the gross regional product (GRP), which is focused on international accounting standards. In accordance with the new methodology, the GRP includes the cost of housing services produced and consumed by homeowners. The value of consumption of fixed capital by sectors of the economy is determined on the basis of the current market value of fixed capital. The result of the new assessment was a change in the regional and sectoral GRP structure, as well as the relative positions of regions in national indicators. It is shown that as a result of the recalculation of GRP, the interregional differentiation of per capita GRP indicators has decreased. Changes in the GRP structure in the accounts of generation and use of income have been analyzed. It has been shown that with the transition to the new methodology, the gap between the indicators of regional accounts and directly observable indicators has increased.

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Notes

  1. Rosstat presents data on the gross regional product for 2019 and an updated estimate for 2018. https://rosstat.gov.ru/storage/mediabank/Q837eoX6/VRP-2019.pdf. Cited December 15, 2021. Official statistical methodology for calculating the cost of services for living in own housing for the constituent entities of the Russian Federation. Approved by order of Rosstat dated March 12, 2021 no. 138. https://rosstat.gov.ru/storage/mediabank/vYtlMnAa/metod-st-ys.pdf. Cited December 15, 2021. Official statistical methodology for calculating the consumption of fixed capital. Approved by order of Rosstat no. 21 dated January 22, 2021. https://rulaws.ru/acts/Prikaz-Rosstata-ot-22.01.2021-N-21. Cited December 15, 2021.

  2. The tables show data for the last year, for which there is data according to the old and new methodology. Analysis of indicators for 2016–2017 does not change the overall picture.

  3. The graphical display of the ratio of per capita GRP to the average for the Russian Federation for the Nenets and Yamalo-Nenets Autonomous okrugs does not correspond to reality, the real ratios are 1156 and 899%, respectively. The increase in the gross profit of the economy and gross mixed income (GPE&GMI) in Sevastopol amounted to 118%.

  4. The grou** of regions presented in [19] was used.

  5. The Salai integral coefficient of structural differences takes into account the intensity of structural changes in individual groups, the proportion of groups in the compared structures, and the number of groups. See [20, p. 39].

  6. National accounts of Russia in 2013–2020. Statistics Digest. Rosstat, Moscow, 2021. Section “Basic Methodological Provisions”, p. 16.

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  1. Institute of National Economic Forecasting, Russian Academy of Sciences, Moscow, Russia

    N. N. Mikheeva

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Translated by S. Avodkova

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Mikheeva, N.N. “New” Regional Proportions: Results of Calculating Gross Regional Product. Stud. Russ. Econ. Dev. 33, 293–300 (2022). https://doi.org/10.1134/S1075700722030108

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