ASSESSMENT OF THE BALANCE OF THE REGIONAL ECONOMY BASED ON THE GOLDEN SECTION PRINCIPLE

UDC 332.14:330.366

  • Gevrasyova Anna Pavlovna – PhD (Economics), Associate Professor, Assistant Professor, the Department of Economy and Management. Francisk Scorina Gomel State University (104, Sovetskaya str., 246000, Gomel, Republic of Belarus); post-doctoral student. Belarusian State Technological University (13a, Sverdlova str., 220006, Minsk, Republic of Belarus). E-mail: anya1478@mail.ru

DOI: https://doi.org/10.52065/2520-6877-2021-250-2-76-82

Key words: region, regional development, balanced development, principle of the golden section, gross regional product, method of income sources.

For citation: Gevrasyova A. P. Assessment of the balance of the regional economy based on the golden section principle. Proceedings of BSTU, issue 5, Economics and Management, 2021, no. 2 (250), pp. 76–82 (In Russian). DOI: https://doi.org/10.52065/2520-6877-2021-250-2-76-82.

Abstract

The basis for the balanced of the regional economy is proportionality. Each stage of economic development has its own proportions. The golden proportion allows us to determine the ideal trajectory of balanced economic dynamics.

The article discusses various approaches to explaining the essence and content of the phenomenon of the golden proportion based on the mathematical features of the Fibonacci series, confirms its ideal character, universality and relevance of application in all spheres and branches of life. The importance of using the golden proportion (golden section) in economic processes is justified by the need to ensure balanced economic growth.

Based on the key indicators of the System of National Accounts, a study is conducted on the compliance of the structure of the gross regional product with the golden proportion. The calculations use the methodology for determining the gross domestic product. To analyze the structure of the gross regional product, the production method and the method of income sources are used. The results of the analysis of the structure of output of goods and services by region indicates an imbalance in regional development and the need for further structuring and redistribution of the shares of the main elements, which will ensure that the proportion of “material costs / gross value added” corresponds to the golden section principle.

Download

References

  1. Gamova N. A., Sirotkin V. V. Manifestation of the golden section. Tendentsii razvitiya nauki i obrazovaniya [Trends in the development of science and education], 2021, no. 74, pp. 66−70 (In Russian).
  2. Osmanov A. N., Garayev T. K. Golden section as an ideal of biometric indicators. Alleya nauki [Path of science], 2018, vol. 1, no. 1 (17), pp. 449−455 (In Russian).
  3. Urumov G. T. Golden section and Fibonacci numbers. Trudy SKGMI (GTU) [Proceedings of SKGMI (GTU)], 2019, no. 26, pp. 113−116 (In Russian).
  4. He M., Hu Z. B., Petoukhov S. V. Standard Genetic Code and Golden Ratio Cubes. Advances in Intelligent Systems and Computing, 2020, vol. 902, pp. 25−36. DOI: 10.1007/978-3-030-12082-5_3.
  5. Giansiracusa N. Fibonacci, golden ratio, and vector bundles. Mathematics, 2021, vol. 9, no. 4, pp. 1−5. DOI: 10.3390/math9040426.
  6. Kutsenko A. A. An Entire Function Connected with the Approximation of the Golden Ratio. American Mathematical Monthly, 2020, vol. 127, no. 9, pp. 820−826. DOI: 10.1080/00029890.2020.1801079.
  7. Qi F. Three closed forms for convolved fibonacci numbers. Results in Nonlinear Analysis, 2020, vol. 3, no. 4, pp. 185−195.
  8. Borisov N. O. Golden section in architecture. Nauchnyy forum [Scientific forum], 2017, vol. 3, no. 1, p. 37 (In Russian).
  9. Kovalev V. F. Zolotoye secheniye v zhivopisi [Golden section in painting]. Moscow, RIP-Kholding Publ., 2016. 185 p.
  10. De Groot E. A., Segers R., Prins D. Disentangling the enigma of multi-structured economic cycles − A new appearance of the golden ratio. Technological Forecasting and Social Change, 2021, vol. 169, pp. 12−17. DOI: 10.1016/j.techfore.2021.120793.
  11. Endovitsky D. A., Lyubushin N. P., Babicheva N. E., Zotova E. S. Assessment of the balance of economic entities’ activity at different life cycle stages. Montenegrin Journal of Economics, 2019, vol. 15, no. 2, pp. 71−79. DOI: 10.14254/1800-5845/2019.15-2.6.
  12. Krasnikova A. V. Application of the “golden section” rule to assess the innovative sustainability of an enterprise. Innovatsionnaya ekonomika: perspektivy razvitiya i sovershenstvovaniya [Innovative economy: prospects for development and improvement], 2016, no. 2 (12), pp. 122−127 (In Russian).
  13. Neverov A. V. Economic statics and dynamics: a fundamental solution to the problem of balanced growth. Neoricardian principles of formation of microeconomic foundations of macroeconomics. Belorusskiy ekonomicheskiy zhurnal [Belarusian economic journal], 2019, no. 3, pp. 89−114 (In Russian).
  14. Neverov D. A. Zolotoye secheniye kak printsip koevolyutsionnogo razvitiya [Golden section as a principle of co-evolutionary development]. Minsk, Misanta Publ., 2019. 244 p.
  15. Neverov D. A. Ekonomicheskaya otsenka natsional’nogo vosproizvodstva [Economic assessment of national reproduction]. Minsk, Misanta Publ., 2020. 310 p.
  16. Natsional’nyye scheta Respubliki Belarus’: statisticheskiy sbornik [National accounts of the Republic of Belarus: statistical compilation]. Minsk, Natsional’nyy statisticheskiy komitet Publ., 2020. 220 p.
  17. Chislennost’ i zarabotnaya plata rabotnikov Respubliki Belarus’ v 2019 godu: statisticheskiy byulleten’ [Number and wages of employees of the Republic of Belarus in 2019: statistical bulletin]. Minsk, Natsional’nyy statisticheskiy komitet Publ., 2020. 33 p.
13.09.2021