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Yusupov K. N., Yangirov A. V. Retrospective Analysis of the Region’s Development Based on the Input-Output Balance Methodology. Izv. Saratov Univ. (N. S.), Ser. Economics. Management. Law, 2019, vol. 19, iss. 1, pp. 21-27. DOI:


Retrospective Analysis of the Region’s Development Based on the Input-Output Balance Methodology

Introduction. The use of the inter-sectoral balance methodology expands the possibilities of the region’s economy retrospective analysis and thus contributes to the strategy improvement and increases the reliability degree of the socio-economic development forecasts. The planned economy and the market economy are characterized by a variety of General indicators in the regions’ development. The total social product, produced and used national income (net product) served for the first economy, while the gross regional product served for the second. These indicators are not comparable by themselves. Theoretical analysis. The article attempts to extend the period of retrospective analysis by developing an original method of ensuring the comparability of the generalizing indicators in the two periods. Empirical analysis. The materials of the reporting and planned dynamic inter-sectoral balances of the planned and market economies are used to expand the analysis significantly and thereby improve the base of forecasting and strategic management of the regional economy. Results. It is concluded that the category of regional product’s reproductive potential can be used as a tool of macroeconomic analysis. Its essence is determined by the region’s ability to produce, convert and consume regional intermediate and final product. The transition for the regional product from one system to another as a result of the developed equality and inequality in the system of balance of the national economy and the system of national accounts was carried out. The basis of the research is the inequality of the total social product and the national economic turnover and the equality of the economic turnover to the regional economy product.


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