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This article is cited in 2 scientific papers (total in 2 papers)
Macroeconomic simulation model of the global economy
V. I. Antipov, N. A. Mitin, F. F. Paschenko
Abstract:
Macroeconomic model M-20 is a one-product simulation and expert model that reflects the dynamics of reproduction of the global economy's GDP, built on the basis of the Russian economy model P1-4.0 (2019-1). Formally, the model parameters are a combination of some “main trend” and “interference”, and the “interference” is simulated at a certain “historical” interval, and only the “main trends” are used on the forecast interval. Thus, the forecast is an estimate of the average values that satisfy the balance ratios and regression dependencies. The model is based on official international reporting on the national accounting system and uses expert hypotheses about the relationship of various parameters.
Keywords:
general information of SNA, balance equations, metrization of indicators, fundamental characteristics of the economy, model equation list.
Citation:
V. I. Antipov, N. A. Mitin, F. F. Paschenko, “Macroeconomic simulation model of the global economy”, Keldysh Institute preprints, 2019, 153, 20 pp.
Linking options:
https://www.mathnet.ru/eng/ipmp2791 https://www.mathnet.ru/eng/ipmp/y2019/p153
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Abstract page: | 157 | Full-text PDF : | 255 | References: | 7 |
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