Forecasting macroeconomic indicators based on the extended version of econometric intersectoral model
The paper studies the modified versions of the matrix balancing method (algorithms β δ ϕ), and the proposed optimization intersectoral model for forecasting macroeconomic indicators of «input-output» table compiled for 17 industries. Using these tools computational experiments were carried out based on the information of the reporting intersectoral balances of the Republic of Belarus for 2016-2019, the results indicate an acceptable forecasting accuracy and the possibility of use during forecasts and programs development for the socio-economic development of the country. An extended version of the econometric intersectoral model based on algorithms β and ϕ was used during preparation the draft Forecast of the main parameters of the socio-economic development of the Republic of Belarus for 2022.