Regional Economics: Theory and Practice
 

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Forecasting the socio-economic region's development with regard for the transport infrastructure quality: The City of Moscow case study

Vol. 17, Iss. 9, SEPTEMBER 2019

Received: 16 April 2019

Received in revised form: 25 June 2019

Accepted: 18 July 2019

Available online: 16 September 2019

Subject Heading: SUSTAINABLE DEVELOPMENT OF REGIONS

JEL Classification: R39, R42, R58

Pages: 1723–1736

https://doi.org/10.24891/re.17.9.1723

Davydova O.A. Plekhanov Russian University of Economics (PRUE), Moscow, Russian Federation
oadavidova@gmail.com

ORCID id: not available

Subject This article examines the organizational and economic mechanisms arising in the development of Moscow's transport infrastructure.
Objectives The article aims to develop an economic and mathematical model for forecasting the level of social and economic development of Moscow.
Methods For the study, I used the methods of logical and statistical analyses, and models for evaluating capital assets and calculating the level of transport network development.
Results The article proposes an economic and mathematical model that helps calculate projected values of the level of socio-economic development of Moscow for the period from 2019 to 2025.
Conclusions Assessing the quality of transport infrastructure helps optimize resources, balance socio-economic and environmental factors, and apply the most effective methods and approaches to ensure the sustainable development of the region. Assessing the impact of investment in transport infrastructure provides an opportunity to define the approach to the development of the region on the basis of the calculated future value of socio-economic development.

Keywords: socio-economic development, forecast, quality, transport infrastructure

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