Preview

Economic Policy

Advanced search

Computable Dynamic Input-Output Balance and Its Application

https://doi.org/10.18288/1994-5124-2025-3-116-139

Abstract

The poles in a multipolar world are formed and function stably when a state devotes due attention to the development and implementation of structural policy. This involves using suitable tools for solving a wide range of problems: from setting up monitoring and technological modernization of the economy to changes in institutional systems. When structural reforms are applied to any country’s economy, the primary concern should be how to establish dynamic characteristics that will ensure the intended responsiveness to controls while also dampening the reaction to negative shocks. Therefore, the search for new methods and tools for developing and implementing structural policy and also for assessing its effectiveness becomes a crucial undertaking. Organizing such efforts is one of the primary tasks of government. However, one should keep in mind that there is a high probability of miscalculations and errors when arriving at seemingly justified decisions. This susceptibility to error obliges those in charge of economic management to ensure that there are formalized and continuously employed means for identifying errors and deciding on necessary changes in economic behavior. Experience in analyzing all kinds of dynamic systems, including especially economic ones, shows clearly that such studies will be most comprehensive and meaningful when their objects can be formalized in a model using differential equations. This article addresses precisely that kind of dynamic input-output balance (IOB). The study also presupposes that official statistical data should fully confirm the model’s solutions to problems. The purpose of this research is to improve the toolkit for analyzing structural policy, and its output is a computable model of dynamic IOB, which enables quantitative analysis of the structural dynamics for reaching a stated goal and which solves a set of related problems typical of input-output analysis. The model used for the study employed information from the Rosstat base tables for 2011 and 2016.

About the Authors

E. L. Toroptsev
North Caucasus Federal University
Russian Federation

Evgeniy L. Toroptsev, Dr. Sci. (Econ.), Professor of the Department of Digital Business Technologies and Accounting Systems

1, Pushkina ul., Stavropol, 355017 



N. G. Gudieva
North Caucasus Federal University
Russian Federation

Natalya G. Gudieva, Assistant, Department of Computational Mathematics and Cybernetics

1, Pushkina ul., Stavropol, 355017 



References

1. Almon C. The Craft of Economic Modeling. Boston, Ginn Press, 1988.

2. Almon K. Mezhotraslevye modeli INFORUM: proiskhozhdenie, razvitie i preodolenie problem [Inter-Industry INFORUM Models: Origin, Development and Overcoming Problems]. Problemy prognozirovaniya [Studies on Russian Economic Development], 2016, no. 2(155), pp. 3-15. (In Russ.)

3. Budushchee mirovoy ekonomiki. Doklad gruppy ekspertov OON vo glave s V. Leontevym [The Future of the World Economy. The Report of the UN Group of Experts Headed by V. Leontief]. Moscow, Mezhdunarodnye otnosheniya, 1979. (In Russ.)

4. Buklemishev O. V. “Strukturnaya transformatsiya” rossiyskoy ekonomiki i ekonomicheskaya politika [“Structural Transformation” of the Russian Economy and Economic Policy]. Problemy prognozirovaniya [Studies on Russian Economic Development], 2023, no. 4(199), pp. 42-53. DOI: 10.47711/0868-6351-199-42-53. (In Russ.)

5. Glazev S. Yu. Ekonomika budushchego. Est’ li u Rossii shans? [Economics of the Future: Does Russia Have a Chance?]. Moscow, Knizhnyy mir, 2016. (In Russ.)

6. Granberg A. G. Vasiliy Leontev v mirovoy i otechestvennoy ekonomicheskoy nauke [Vasily Leontiev in World and Domestic Economics]. Ekonomicheskiy zhurnal VShE [HSE Economic Journal], 2006, no. 3, pp. 471-491. (In Russ.)

7. Dolyatovskiy V. A., Grechko M. V. Modelirovanie mekhanizmov povedeniya ekonomicheskikh agentov [Modeling the Mechanisms of Economic Agent Behavior]. Ekonomicheskiy analiz: teoriya i praktika [Economic Analysis: Theory and Practice], 2018, vol. 17, no. 10(481), pp. 1835-1848. DOI: 10.24891/ea.17.10.1835. (In Russ.)

8. Domozhirov D. A., Ibragimov N. M., Melnikova L. V., Tsyplakov A. A. Integratsiya podkhoda “zatraty-vypusk” v agent-orientirovannoe modelirovanie. Ch. 1. Metodologicheskie osnovy [Integration of Input-Output Approach Into Agent-Based Modeling. Part 1. Methodological Principles]. Mir ekonomiki i upravleniya [World of Economics and Management], 2017, vol. 17, no. 1, pp. 86-99. (In Russ.)

9. Duzhinski R.R., Toroptsev E.L., Marakhovskii A.S. Staticheskaya ustoychivost’ i dinamicheskie svoystva makroekonomicheskikh sistem [Statistical Stability and Dynamic Properties of Macroecnomic Systems]. Regional’naya ekonomika: teoriya i praktika [Regional Economics: Theory and Practice], 2016, no. 6, pp. 69-82. https://rucont.ru/efd/408102. (In Russ.)

10. Ivanter V. V. Strukturno-investitsionnaya politika v tselyakh obespecheniya ekonomicheskogo rosta v Rossii: monografiya [Structural and Investment Policy in Order to Ensure Economic Growth in Russia: Monograph]. Moscow, Nauchnyy konsul’tant, 2017. (In Russ.)

11. Kleyner G. B. Sistemnaya ekonomika kak platforma razvitiya sovremennoy ekonomicheskoy teorii [System Economics as a Platform for Development of Modern Economic Theory]. Voprosy ekonomiki, 2013, no. 6, pp. 4-28. DOI: 10.32609/0042-8736-2013-6-4-28. (In Russ.)

12. Leontief V. V. Ekonomicheskie esse. Teorii, issledovaniya, fakty i politika [Economic Essays: Theories, Research, Facts and Politics]. Moscow, Politicheskaya literatura, 1990. (In Russ.)

13. Makarov V. L., Bahtizin A. R., Sulakshin S. S. Primenenie vychislimykh modeley v gosudarstvennom upravlenii [The Use of Computable Models in Public Administration]. Moscow, Nauchnyy ekspert, 2007. (In Russ.)

14. Palash S. V. Strategicheskie orientiry i effektivnost’ realizatsii strukturnoy promyshlennoy politiki: dis. … d. e. n. [Strategic Guidelines and Effectiveness of Implementation for Structural Industrial Policy: Doctoral Dissertation]. Moscow, Central Economics and Mathematics Institute of the Russian Academy of Sciences, 2022. (In Russ.)

15. Parkhimenko V. A. Opyt eksperimental’noy otsenki matritsy koeffitsientov importnykh kapital’nykh zatrat v dinamicheskoy modeli Leonteva dlya belorusskoy ekonomiki v 2016- 2020 godakh [The Experience of Experimental Evaluation of the Matrix of Import Capital Expenditure Coefficients in the Leontief Dynamic Model for the Belarusian Economy in 2016-2020]. Problemy prognozirovaniya [Studies on Russian Economic Development], 2023, no. 4(199), pp. 168-180. DOI: 10.47711/0868-6351-199-168-180. (In Russ.)

16. Pozamantir E.I. Vychislimoe obshchee ravnovesie ekonomiki i transporta (Transport v dinamicheskom mezhotraslevom balanse) [A Computable General Equilibrium of the Economy and Transport (Transport in a Dynamic Intersectoral Balance)]. Moscow, Poli Print Servis, 2014. (In Russ.)

17. Rudakova I. E. O primenimosti yazyka ekonomicheskoy teorii i bazovykh ekonomicheskikh modeley dlya analiza rossiyskoy ekonomiki [Applying the Language of Economic Theory and Fundamental Economic Models to the Russian Economy]. Voprosy ekonomiki, 2001, no. 12, pp. 32-45. (In Russ.)

18. Yasin E. G. (ed.). Strukturnye izmeneniya v rossiyskoy ekonomike i strukturnaya politika [Structural Changes in the Russian Economy and Structural Policy]. Moscow, HSE Publishing House, 2018. (In Russ.)

19. Suvorov N. V., Treshchina S. V., Beletskiy Yu. V., Balashov E. E. Balansovye i faktornye modeli kak instrument analiza i prognozirovaniya struktury ekonomiki [Balance and Factor Models as a Tool for Analysis and Forecasting Structure of the Economy]. Nauchnye trudy: IPN RAN [Scientific Works: Institute of Economic Forecasting of the Russian Academy of Sciences], 2017, vol. 15, pp. 50-75. (In Russ.)

20. Toroptsev E.L. Instrument analiza effektivnosti strukturnoy politiki. Doklad na XXII Mezhdunarodnykh Lihachevskikh nauchnykh chteniyakh. Sektsiya 3 “Ekonomika novogo mnogopolyarnogo mira” [An Analytical Tool for the Effectiveness of Structural Policy: Presentation at the 23rd International Likhachev Scientific Readings, Section 3: “The Economy of the New Multipolar World”]. St. Petersburg, Saint Petersburg Humanitarian University of Trade Unions, 2024. (In Russ.)

21. Toroptsev E. L., Kandokhova M. M., Gudieva N. G. Dinamicheskiy mezhotraslevoy balans kak instrument analiza strukturnoy politiki [Dynamic Input-Output Balance as a Tool for Analysis of Structural Policy]. Ekonomika i matematicheskie metody [Econimcs and Mathematical Methods], 2024, vol. 60, no. 3, pp. 43-53. DOI: 10.31857/S0424738824030049. (In Russ.)

22. Toroptsev E. L., Kandokhova M. M., Gudieva N. G. Optimizatsiya strukturnoy dinamiki ekonomiki v ramkakh metodologii “zatraty-vypusk” [Optimization of Structural Dynamics of the Economy in the Framework of the “Input-Output” Methodology]. Ekonomika i matematicheskie metody [Economics and Mathematical Methods], 2023, vol. 59, no. 2, pp. 26-38. DOI: 10.31857/S042473880025859-3. (In Russ.)

23. Toroptsev E.L., Marakhovskii A.S. Analiz makrostrukturnoy dinamiki v ramkakh metodologii “zatraty-vypusk” [Analysis of Macrostructual Dynamics Framed by the “Input-Output” Methodology]. Zhurnal Novoy ekonomicheskoy assotsiatsii [Journal of the New Economic Association], 2022, no. 1(53), pp. 12-30. DOI: 10.31737/2221-2264-2022-53-1-1. (In Russ.)

24. Toroptsev E. L., Marakhovskii A. S. Strukturnye inertsionnosti ekonomicheskikh sistem [Structural Inertia of Economic Systems]. Ekonomika i matematicheskie metody [Economics and Mathematical Methods], 2022, vol. 58, no. 1, pp. 38-47. DOI: 10.31857/S042473880016564-9. (In Russ.)

25. Toroptsev E. L., Marakhovskii A. S., Duzhinski R. R. Mezhotraslevoe modelirovanie perekhodnykh protsessov [Intersectional Modeling of Transients]. Ekonomicheskiy analiz: teoriya i praktika [Economic Analysis: Theory and Practice], 2020, vol. 19, no. 3, pp. 564-585. https://doi.org/10.24891/ea.19.3.564. (In Russ.)

26. Forsythe G. E., Malcolm M. A., Moler C. B. Computer Methods for Mathematical Computations. Prentice-Hall, 1977.

27. Uzyakova E. S., Uzyakov R. M. Analiz vliyaniya nauchno-tekhnicheskogo razvitiya na ekonomicheskiy rost s ispol’zovaniem instrumentariya mezhotraslevogo balansa [Analysis of the Impact of Scientific and Technological Development on Economic Growth Using the Tools of Intersectoral Balance]. Problemy prognozirovaniya [Studies on Russian Economic Development], 2018, no. 6, pp. 82-92. (In Russ.)

28. Shirov A.A. Transformatsiya struktury ekonomiki: mekhanizmy i upravlenie: monografiya [The Transformation of Economic Structure: Mechanisms and Management, Monograph]. Moscow, Economic Forecasting Institute of the Russian Academy of Sciences, 2018. (In Russ.)

29. Shirov A.A., Sayapova A.R., Yantovskij A.A. Integrirovannyy mezhotraslevoy balans kak element analiza i prognozirovaniya svyazey na postsovetskom prostranstve [Integrated Intersectoral Balance as an Element of Analysis and Forecasting of Relations in the Post-Soviet Space]. Problemy prognozirovaniya [Studies on Russian Economic Development], 2015, no. 1, pp. 11-22. (In Russ.)

30. Monga C., Lin J. Y. (eds). The Oxford Handbook of Structural Transformation. Oxford, Oxford University Press, 2019. DOI: 10.1093/oxfordhb/9780198793847.001.0001.

31. Rodrik D. Premature Deindustrialization. Journal of Economic Growth, 2016, vol. 21, pp. 1-33.

32. Stiglitz J. E. Structural Transformation, Deep Downturns, and Government Policy. NBER, Working Paper no. 23794, 2017.

33. Breaking In and Moving Up: New Industrial Challenges for the Bottom Billion and the Middle-Income Countries. Industrial Development Report. UNIDO, 2009. https://www.unido.org/sites/default/files/2009-02/IDR_2009_print_0.PDF.


Review

For citations:


Toroptsev E.L., Gudieva N.G. Computable Dynamic Input-Output Balance and Its Application. Economic Policy. 2025;20(3):116-139. (In Russ.) https://doi.org/10.18288/1994-5124-2025-3-116-139

Views: 28


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 1994-5124 (Print)
ISSN 2411-2658 (Online)