Dorji Banzarov Buryat state University
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BSU bulletin. Economy and Management

Bibliographic description:
Dugarzhapova D. B.
APPROACHES TO MODELING PERSONAL INCOME AND EXPENDITURE MULTIPLIERS // BSU bulletin. Economy and Management. - 2019. №4. . - С. 37-42.
Title:
APPROACHES TO MODELING PERSONAL INCOME AND EXPENDITURE MULTIPLIERS
Financing:
Codes:
DOI: 10.18101/2304-4446-2019-4-37-42UDK: 303.725.34(083.41)
Annotation:
The article presents the approaches to quantitative assessment of multiplier effects in mod- ern economy. We have considered the possibilities of using the Miyazawa model, which in- cludes consumption of households grouped by income sources in endogenous parameters, for assessing multiplier effects in the economy. The article presents in general terms the method for transition matrix into a system of multipliers, which allows analyzing the corre- lation between the reproductive system and institutional sectors, as well as predicting the in- fluence of exogenous factors on the growth of income and consumer spending dynamics of individual income quintile groups. We have proposed scenario calculations of multiplier changes in the main macroeconomic indicators of Buryatia’s economy in increased autono- mous final demand for products broken down by 15 economic sectors.
Keywords:
balance model; the Miyazawa model; endogenous parameters; income; consumer expenditure; households; multiplier; economic sectors; regional economy.
List of references: