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The System of Short-Term Regional Economic Monitoring in Moscow
A A Shirov1, V V Potapenko1, K M Nikitin2
1Institute of Economic Forecasting, Russian Academy of Sciences, Moscow, Russia.
Abstract:
The article describes the system of short-term regional economic monitoring. The system has been developed by the authors and tested in Moscow since 2020. It consists of four hierarchical levels: aggregated regional economy, largest industries of regional economy, largest organizations by industry, small business. The system is a tool for short-term detailed analysis of regional economic performance. Both official national statistics and different auxiliary statistical sources have been embedded into the monitoring. Within the system a set of coincident indicators have been developed that allows for providing monthly estimates of gross regional product's growth rate with one month lag.
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