International Conference on Eurasian Economies
18-20 June 2018 – Tashkent, UZBEKISTAN
Paper detail
Paper ID : 2160
Status : Paper published
Language : Russian
Topic : Macroeconomics
Presenter: Assoc. Prof. Dr. Kalybek Choroev
Session : 4E Макроэкономика
Optimization of the Structure of the Economy of Regions
Оптимизация Структуры Экономики Регионов
- Assoc. Prof. Dr. Kalybek Choroev (Kyrgyz-Turkish Manas University, Kyrgyzstan)
Abstract
The article reveals the negative role played by the existing sectoral imbalances in the development of the regions of the Kyrgyz Republic and substantiates the need for a qualitative transformation of the structure of the economy. An approach to optimizing the sectoral structure of the regional economy is proposed, based on the identification of priority and auxiliary industries with stable links. As a target function of optimization of the sectoral structure of the region, the coefficient of structural independence is proposed. The coefficient of structural independence is calculated as the ratio of exports and imports of industries. Using it, you can calculate the indicator of the closedness of the economic sector (system). The proposed model can be used to optimize the sectoral structure of the regions of the Kyrgyz Republic to optimize and make informed decisions in the formation of a regional industrial policy aimed at providing an accelerating increase in industrial production, stimulating exports of products with a high share of added value.
JEL codes:
Choroev, Kalybek (2018). "Optimization of the Structure of the Economy of Regions" in Proceedings of International Conference of Eurasian Economies 2018, pp.583-587, Tashkent, UZBEKISTAN.
DOI: https://doi.org/10.36880/C10.02160
