Home  Journals  Economic Analysis: Theory and Practice  9(528) - 2022 September

Analyzing the use of money incomes of the population and consumer expenditure of households in the Chechen Republic in 2002–2021

Received: 6 June 2022

Received in revised form: 25 June 2022

Accepted: 25 July 2022

Available online: 29 September 2022

Subject Heading: ANALYSIS OF INCOME, PROFITS AND COSTS

JEL Classification: J3, J31

Pages: 1586–1602

https://doi.org/10.24891/ea.21.9.1586

Subject. The article addresses the structure of using the monetary incomes of the population and household consumption expenditures of the Chechen Republic in 2002–2021.
Objectives. The aim is to determine the income level of the population in the context of volume and quality of satisfaction of needs of the population and households, to make conclusions and propose measures to solve existing problems.
Methods. The study draws on the comparative analysis, general scientific and economic-statistical research methods.
Results. The study established that the structure of the use of monetary income and household consumption expenditures during the study period in the Chechen Republic improved significantly. There was an increase in the standard of living of the population in 2002–2021, however, at the same time, the Chechen Republic is noticeably lagging behind the average Russian level of monetary income.
Conclusions. The average per capita income in the Chechen Republic is considerably lower than the average Russian level, and this gap persists during the period under analysis. Trends in the structure of the use of monetary incomes indicate a decrease in living standards in the region. Improving the standard of living of the population should become the main task of regional economic policy makers. The primary task of socio-economic policy makers in our country at all levels should be the creation of socio-economic conditions so that people would have a sufficiently high level of monetary income to meet their needs.

Keywords: cash income, consumer spending, population, household

References:

1. Auzan A.A. [Strategy for long-term development of Russia: Novelty of approach]. Nauchnye trudy Vol'nogo ekonomicheskogo obshchestva Rossii = Scientific Works of the Free Economic Society of Russia, 2015, vol. 196, no. 7, pp. 229–241. URL: Link (In Russ.)
2. Kleiner G.B. [Social leadership, power splitting, and inclusive management of the organization]. Voprosy Ekonomiki, 2022, no. 4, pp. 26–44. (In Russ ) URL: Link
3. Klepach A.N. [Russian economy: The coronavirus' shock and the recovery prospects]. Nauchnye trudy Vol'nogo ekonomicheskogo obshchestva Rossii = Scientific Works of the Free Economic Society of Russia, 2020, vol. 222, no. 2, pp. 72–87. URL: Link (In Russ.)
4. Bazhenov S.A. Kachestvo zhizni naseleniya: teoriya i praktika [Quality of life of the population: Theory and practice]. Moscow, EKOS Publ., 2002, 178 p.
5. Kotilko V.V. [Development of the service sector and transformation of the labor market in the regions of Russia]. Vestnik Vostochno-Sibirskoi otkrytoi akademii, 2021, no. 40. (In Russ.) URL: Link
6. Fedotova G.V., Il'yasov R.Kh., Tserenova B.I. [Assessment of forecast indicators of socio-economic development of Russia for 2018–2020]. Finansovaya analitika: problemy i resheniya = Financial Analytics: Science and Experience, 2018, vol. 11, iss. 4, pp. 368–386. (In Russ.) URL: Link
7. Klepach A.N. [Social and technological challenges of the Russian economy]. Nauchnye trudy Vol'nogo ekonomicheskogo obshchestva Rossii = Scientific Works of the Free Economic Society of Russia, 2021, vol. 230, no. 4, pp. 103–112. URL: Link (In Russ.)
8. Tambovtsev V.L. [Sustainable regional development: Actual directions of institutional analysis]. Zhurnal institutsional'nykh issledovanii = Journal of Institutional Studies, 2019, vol. 11, no. 3, pp. 104–118. URL: Link (In Russ.)
9. Nikolaev V.A., Isakov D.A. [Methodology of strategic risk analysis of social systems]. Audit i finansovyi analiz = Audit and Financial Analysis, 2014, no. 1, pp. 316–318. URL: Link (In Russ.)
10. Kotilko V.V. [Influence of regional risks on the occurrence of crisis situation]. Vestnik Vostochno-Sibirskoi otkrytoi akademii, 2020, no. 36. (In Russ.) URL: Link
11. Reshiev S.S. [Possible scenarios of socio-economic development of the South Federal District]. Regional'naya ekonomika: teoriya i praktika = Regional Economics: Theory and Practice, 2009, no. 41, pp. 17–28. URL: Link (In Russ.)
12. Oreshin V.P. [The methodology of strategic economic planning]. Trud i sotsial'nye otnosheniya = Labor and Social Relations, 2020, vol. 31, no. 2, pp. 5–14. (In Russ.)
13. Reshiev S.S. [The possibilities of overcoming the shortcomings inherent in the Southern Federal District as an object of regulation, consisting of territories with strong socio-economic differences]. Regional'naya ekonomika: teoriya i praktika = Regional Economics: Theory and Practice, 2008, no. 35, pp. 20–29. URL: Link (In Russ.)
14. Musaev R.A., Reshiev S.S. [Socio-economic development of the region: Analysis of dynamics]. Problemy sovremennoi ekonomiki = Problems of Modern Economics, 2013, no. 1, pp. 173–176. URL: Link (In Russ.)
15. Cherkovets O.V. [Russia against the background of globalization of the world economy]. Ekonomist = Economist, 2003, no. 3, pp. 17–20. (In Russ.)
16. Kleiner G.B. [Import substitution as mirror of modern Russian economy]. Ekonomicheskoe vozrozhdenie Rossii = Economic Revival of Russia, 2020, no. 3, pp. 19–26. URL: Link (In Russ.)
17. Nikolaev V.A., Seleznev V.M. [Electronic and digital government: Problems of definition and shortcomings of models of development of rating systems]. Audit, 2019, no. 9, pp. 43–47. (In Russ.)
18. Vasil'ev V.P. Kachestvo i uroven' zhizni naseleniya Rossiiskoi Federatsii [Quality and standard of living of the population of the Russian Federation]. Moscow, EKOS Publ., 2007, 117 p.

View all articles of issue

ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

Journal current issue

Vol. 23, Iss. 3 March 2024

Archive