IDEAS home Printed from https://ideas.repec.org/a/gam/jmathe/v10y2022i11p1869-d827791.html
   My bibliography  Save this article

Mathematical Modeling and Methodology for Assessing the Pace of Socio-Economic Development of the Russian Federation

Author

Listed:
  • Victor Orlov

    (Institute of Digital Technologies and Modeling in Construction, Moscow State University of Civil Engineering, Yaroslavskoye Shosse, 26, 129337 Moscow, Russia)

  • Tatyana Ivanova

    (Faculty of Economics, Chuvash State University Named I.N. Ulyanov, Moskovsky Prospect, 15, 428015 Cheboksary, Russia)

  • Tatyana Ladykova

    (Faculty of Economics, Chuvash State University Named I.N. Ulyanov, Moskovsky Prospect, 15, 428015 Cheboksary, Russia)

  • Galina Sokolova

    (Faculty of Economics, Chuvash State University Named I.N. Ulyanov, Moskovsky Prospect, 15, 428015 Cheboksary, Russia)

Abstract

The article develops the author’s methodology for assessing the rates of socio-economic development and their forecasting in the Russian Federation, which makes it possible to consider factors with heterogeneous metrics. For this, an index analysis of thirty-two indicators divided into seven macro-regional blocks (income, labor, business, ecology, society, prospects, finance) was carried out, integral indicators were calculated that characterize their changes and the pace of socio-economic development of the Russian Federation was determined. Further, using the means of mathematical modeling, a multifactorial mathematical model was built and tested in real-time, which makes it possible to obtain a high-quality predicted result. Based on the forecasts obtained, it can be stated that it is necessary to adjust certain indicators that actively influence the pace of development, which is a mathematical justification for making managerial decisions when developing strategies and programs related to socio-economic progress in the Russian Federation.

Suggested Citation

  • Victor Orlov & Tatyana Ivanova & Tatyana Ladykova & Galina Sokolova, 2022. "Mathematical Modeling and Methodology for Assessing the Pace of Socio-Economic Development of the Russian Federation," Mathematics, MDPI, vol. 10(11), pages 1-20, May.
    • Handle: RePEc:gam:jmathe:v:10:y:2022:i:11:p:1869-:d:827791
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2227-7390/10/11/1869/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2227-7390/10/11/1869/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Tatiana Ladykova & Vladimir Bersenyov, 2018. "Typology of Macroeconomic Parameters of Population Income," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 380-394.
    2. Gunawardana, Asanka & Konietschke, Frank, 2019. "Nonparametric multiple contrast tests for general multivariate factorial designs," Journal of Multivariate Analysis, Elsevier, vol. 173(C), pages 165-180.
    3. Lee, Ryeowon & Lee, Jong-Ho & Garrett, Tony C., 2019. "Synergy effects of innovation on firm performance," Journal of Business Research, Elsevier, vol. 99(C), pages 507-515.
    4. Liu, W. & Ah-Kine, P. & Bretz, F. & Hayter, A.J., 2013. "Exact simultaneous confidence intervals for a finite set of contrasts of three, four or five generally correlated normal means," Computational Statistics & Data Analysis, Elsevier, vol. 57(1), pages 141-148.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Min, Yijie & Liao, Yi-Chuan & Chen, Zhijun, 2022. "The side effect of business group membership: How do business group isomorphic pressures affect organizational innovation in affiliated firms?," Journal of Business Research, Elsevier, vol. 141(C), pages 380-392.
    2. Yuk, Hyeyeon & Garrett, Tony C., 2023. "Does customer participation moderate the effects of innovation on cost-based financial performance? An examination of different forms of customer participation," Journal of Business Research, Elsevier, vol. 156(C).
    3. Liu, Junrong & Deng, Guoying & Yan, Jingzhou & Ma, Shibo, 2023. "Unraveling the impact of climate policy uncertainty on corporate default risk: Evidence from China," Finance Research Letters, Elsevier, vol. 58(PB).
    4. Qiu, Lili & Olaru, Doina & Purchase, Sharon, 2024. "Fostering strategic synergy: Empirical insights on aligning innovation activities with competitive strategies," Technological Forecasting and Social Change, Elsevier, vol. 208(C).
    5. nanda, Sinta Alisa qortrun, 2021. "Pengaruh Inovasi Terhadap Kinerja Perusahaan," OSF Preprints b9sku, Center for Open Science.
    6. Tao Li & Jianqiang Luo & Kaitong Liang & Chaonan Yi & Lei Ma, 2023. "Synergy of Patent and Open-Source-Driven Sustainable Climate Governance under Green AI: A Case Study of TinyML," Sustainability, MDPI, vol. 15(18), pages 1-21, September.
    7. Edeh, Jude Ndubuisi & Obodoechi, Divine Ndubuisi & Ramos-Hidalgo, Encarnación, 2020. "Effects of innovation strategies on export performance: New empirical evidence from developing market firms," Technological Forecasting and Social Change, Elsevier, vol. 158(C).
    8. Ehsan Fansuree Surin & Oswald Timothy Edward & Sayuthi Shaaran & Rohana Ngah, 2023. "Understanding Entrepreneurial Orientation based Research: A Proposed New Theoretical Framework," Information Management and Business Review, AMH International, vol. 15(3), pages 23-35.
    9. Cécile Ayerbe & Sandra Dubouloz & Sophie Mignon & Marc Robert, 2020. "Management Innovation and Open Innovation: For and Towards Dialogue," Post-Print hal-02985953, HAL.
    10. Solomon Gyamfi & Yee Yee Sein, 2021. "Determinants of Sustainable Open Innovations—A Firm-Level Capacity Analysis," Sustainability, MDPI, vol. 13(16), pages 1-17, August.
    11. Jin Zhu & Fei Huang, 2023. "Transformational Leadership, Organizational Innovation, and ESG Performance: Evidence from SMEs in China," Sustainability, MDPI, vol. 15(7), pages 1-23, March.
    12. Chenli Yin & Maria Paz Salmador & Dan Li & M. Begoña Lloria, 2022. "Green entrepreneurship and SME performance: the moderating effect of firm age," International Entrepreneurship and Management Journal, Springer, vol. 18(1), pages 255-275, March.
    13. Anna Michna & Roman Kmieciak, 2020. "Open-Mindedness Culture, Knowledge-Sharing, Financial Performance, and Industry 4.0 in SMEs," Sustainability, MDPI, vol. 12(21), pages 1-17, October.
    14. Sun, Helin & Cappa, Francesco & Zhu, Jia & Peruffo, Enzo, 2023. "The effect of CEO social capital, CEO duality and state-ownership on corporate innovation," International Review of Financial Analysis, Elsevier, vol. 87(C).
    15. Somohano-Rodríguez, Francisco M. & Madrid-Guijarro, Antonia, 2022. "Do industry 4.0 technologies improve Cantabrian manufacturing smes performance? The role played by industry competition," Technology in Society, Elsevier, vol. 70(C).
    16. Tatyana Ladykova & Tatyana Ivanova & Viktor Streltsov & Anatoly Sayganov & Ekaterina Ladykova, 2023. "Methodological Approach to Assessment Socio-Economic Development of the Chuvash Republic (Subject of the Russian Federation)," Economies, MDPI, vol. 11(7), pages 1-30, June.
    17. Tanja Todorovic & Nenad Medic & Milan Delic & Nikola Zivlak & Danijela Gracanin, 2022. "Performance Implications of Organizational and Technological Innovation: An Integrative Perspective," Sustainability, MDPI, vol. 14(5), pages 1-14, February.
    18. Rammer, Christian, 2022. "Measuring process innovation output: Results from firm-level panel data," ZEW Discussion Papers 22-002, ZEW - Leibniz Centre for European Economic Research.
    19. Chu Sun, 2024. "Product Innovation and Value Network Formation of Internet Firms Based on Grounded Theory: Experience of the Largest Firm in China," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(3), pages 11604-11630, September.
    20. Costantiello, Alberto & Laureti, Lucio & De Cristoforo, Gianluca & Leogrande, Angelo, 2021. "The Innovation-Sales Growth Nexus in Europe," MPRA Paper 106858, University Library of Munich, Germany, revised 28 Mar 2021.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jmathe:v:10:y:2022:i:11:p:1869-:d:827791. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.