International Conference on Eurasian Economies
5-7 October 2017 – Bishkek, KYRGYZSTAN
Paper detail
Paper ID : 1977
Status : Paper published
Language : Russian
Topic : Regional Economics
Presenter: Asst. Prof. Dr. Ainura Turdalieva
Session : 5A Развитие II
Sources of Economic Growth in Kyrgyzstan
Источники Экономического Роста В Кыргызстане
- Asst. Prof. Dr. Ainura Turdalieva (Kyrgyz-Turkish Manas University, Kyrgyzstan)
Abstract
The input - output analysis is an analytical technique of economic analysis and used to examine the production-consumption relationship between the economic production sectors. At the same time, this technique is the useful tool for macroeconomic analysis, which identifies inter-sectoral economic relations in the industry by production and consumption dimensions. For this study, two input-output tables for the years 2005 and 2014 were used. Tables consist of the same content and number of sectors and the sources of economic growth for the given period calculated by Syrquin Decomposition model. Syrquin Model is a demand-side approach, which decomposes economic growth into four main sources: domestic demand expansion, export expansion, import substitution and technological change. In addition, the study investigates the source of production increase that occurred in producing sectors. Within this framework, the results obtained for aggregated main eight sectors and the whole economy will give insight for the efficiency of macroeconomic policies, which implemented in Kyrgyzstan. This aspect of the research results is expected to contribute for the more rational economic policy.
JEL codes:
Turdalieva, Ainura (2017). "Sources of Economic Growth in Kyrgyzstan" in Proceedings of International Conference of Eurasian Economies 2017, pp.105-110, Bishkek, KYRGYZSTAN.
DOI: https://doi.org/10.36880/C09.01977
