scholarly journals Modeling the Impact of Bank Investments Attracted by Institutional Sectors on the Socio-Economic Development of Russian Regions

Author(s):  
Il’ya Naumov ◽  
Natal’ya Nikulina
2021 ◽  
Vol 20 (5) ◽  
pp. 792-809
Author(s):  
Al'bert G. MNATSAKANYAN ◽  
Sedrak SARGSYAN

Subject. We present the analysis of theoretical and practical aspects of the impact of infrastructure on socio-economic development. Objectives. The aim of the study is to review theoretical and empirical aspects of relationship between the condition of infrastructure and the socio-economic development of the Russian Federation. Methods. The study draws on comparative and logical analysis of theoretical foundations and conclusions published in scientific sources, as well as methods of mathematical and statistical analysis. Results. The statistical measurement of relationship between the condition of infrastructure and the determinants of economic growth yielded results that run counter to the findings in academic literature. While we reveal a significant positive correlation between the level of transport and energy infrastructure development with the gross regional product per capita, the variables that characterize the state of telecommunications and social infrastructure have little or no connection with this indicator of the Russian regions’ development. Conclusions. Several variables are not enough to assess the impact of infrastructure on socio-economic development. For this reason, the model of infrastructure impact assessment requires further improvement.


2021 ◽  
Vol 2 ◽  
pp. 106-110
Author(s):  
Rogneda Vasilyeva ◽  
Oleg Mariev ◽  
Elena Ignatieva ◽  
Alla Serkova

Inequality in the distribution of income of the population has a certain impact on different aspects of the economic and socio-cultural development of countries and regions. This inequality arises due to a number of factors as the current nature of the production specialization, the availability of production and economic infrastructure, the achieved level of development of the social sphere, socio-cultural, demographic, and other factors. The main objective of this study is to assess the nature and extent of the impact of income inequality in the Russian regions for the subsequent justification of the directions of socio-economic development. We conducted an econometric analysis of the impact of intraregional income inequality (the Gini coefficient), fixed capital investment per capita, and average per capita consumer spending on one of the main indicators of regional economic growth (GRP) per capita was carried out. The model is based on panel data for the period 2012-2018 for 85 regions of the Russian Federation. The results of the study confirm two of three hypotheses. As prospects for further research, it is proposed to consider the impact of inequality in the distribution of household income on economic growth for different groups of regions, including resource-type regions and regions with a predominance of manufacturing industries, as well as for leading regions and regions with a relatively low level of socio-economic development.


2021 ◽  
Vol 9 (2) ◽  
pp. 34-37
Author(s):  
Leonid Basovskiy ◽  
Elena Basovskaya

The paper put forward hypotheses that the possibility of economic growth during the transition to a post-industrial economy is determined by human capital formed in the higher education system, the possibility of economic well-being in the transition to a post-industrial economy is determined by human capital formed in the tertiary system. Education, institutional transformations in the education system due to their incon-sistency and approaches based on the administrative and control style of management inherited from the industrial economic system, worsen the conditions for the formation of human capital in the education system of modern Russia. To assess the impact of the socio-economic development of human capital formed in the education system, it is proposed to perform by means of a correlation analysis of links between indicators characterizing the composition of the employed population by education level and indi-cators characterizing the socio-economic development of Russian regions by years of a twenty-year period starting from 2000 to 2019. Preliminary research has made it possible to establish that the employed population of the regions with higher education has a positive effect on economic growth in the regions, but this influence is decreasing; the employed population of the regions with lower levels of education negatively affect the economic growth in the regions. The employed population of regions with higher and professional education has a positive effect on the welfare of the regions.


2021 ◽  
Vol 17 (4) ◽  
pp. 1286-1301
Author(s):  
I.V. Sharf ◽  

There are numerous studies on different aspects of the impact of hydrocarbon production on Russian economy. Nevertheless, direct and indirect effects of reserve reproduction on social and economic development of oil-producing regions have been insufficiently assessed, even though it differs due to various macroeconomic processes and existing state mechanisms of subsoil use. The present paper examines the upstream sector of the petroleum industry comprising hydrocarbon exploration and production. The research hypothesis states that an imbalance in subsoil use results in growing inequality of socio-economic development of Russian regions, while the expansion of geological exploration work will reduce this effect. The study analyses the influence of geological exploration, leading to an increase in oil reserves and oil production, on gross regional product (GRP) per capita and personal income. For that purpose, the analysis was performed based on statistical data on five regions of the Russian Federation using the Cobb-Douglas production functions. According to the results obtained for blocks of the proposed regression model, Russian regions were divided into clusters in terms of the input effect on expected results. Overall, the influence of oil production on GRP per capita and average income is more significant compared to an increase in oil reserves. Moreover, the impact of the upstream sector in Tomsk oblast is stronger than in other constituent entities of the Russian Federation. The existing regional imbalance in social-economic development depends on not only available natural capital and tax relief system in subsoil management, but also differences in economic development and the role of petroleum industry in the analysed regions. In the context of recession, the expansion of geological exploration is required to increase natural capital that would provide the income many times higher than investments at the upswing of the cycle. The study results can be used for petroleum industry management in the field of geological exploration to justify the use of financial and fiscal incentives.


2014 ◽  
pp. 88-117 ◽  
Author(s):  
G. Syunyaev ◽  
L. Polishchuk

We study the impact of Russian regional governors’ rotation and their affiliation with private sector firms for the quality of investment climate in Russian regions. A theoretical model presented in the paper predicts that these factors taken together improve “endogenous” property rights under authoritarian regimes. This conclusion is confirmed empirically by using Russian regional data for 2002—2010; early in that period gubernatorial elections had been canceled and replaced by federal government’s appointments. This is an indication that under certain conditions government rotation is beneficial for economic development even when democracy is suppressed.


Author(s):  
N.N. Balashova ◽  
◽  
D.A. Korobeynikov ◽  
S.A. Popova ◽  
◽  
...  

Typologization of rural areas, taking into account differences in population density and level of socio-economic development, is necessary to identify “growth points” and strategic sustainability benchmarks. The method of integrated assessment of the level of socio-economic development of rural territories is proposed, according to which the grouping of Russian regions is carried out. Applying data on rural population density to the results of calculations allowed us to identify 12 typological groups, in the context of which unified recommendations on sustainable development of territories should be formed.


2019 ◽  
Vol 40 (3) ◽  
pp. 148-155
Author(s):  
K. N. Yusupov ◽  
V. M. Timiryanova, ◽  
Iu. S. Toktamysheva ◽  
A. F. Zimin,

The article presents a methodology for assessing the impact of spatial environment on the socioeconomic development of municipalities. It relies on existing tools for assessing the state and potential of the geographical location of municipalities. An integrated approach allows to determine the potential of the interaction of the municipality with the neighbors of the first and second order. The methodology was tested on statistical data on the Blagovarsky municipal district.


Societies ◽  
2021 ◽  
Vol 11 (1) ◽  
pp. 22
Author(s):  
Andrea Čajková ◽  
Peter Čajka

Like many developed countries in the world, China currently faces many serious demographic challenges that pose a potential risk to the country’s socio-economic development and stability. The current demographic development and trend is characterized by a change in the reproductive behavior of the population, characterized by a decline in birth rates, a change in family behavior, and a shift in the value system. This paper is aimed at identifying the impact of population policy and the degree of its influence on both the economic and social system of the country. Based on a deterministic approach, the findings reveal and demonstrate the serious demographic challenges facing China, and we are noting that there is no guarantee that parametric adjustments, such as shifting the retirement age, will de facto ensure the financial health of the pension system by preventing bankruptcy. We point out the risks and prospects for the sustainability of China’s socio-economic development based on an analysis of past and current Chinese demographic policy.


2021 ◽  
Vol 17 (3) ◽  
pp. 443-469
Author(s):  
Nataliya V. KUZNETSOVA ◽  
Ekaterina V. KOCHEVA ◽  
Nikolai A. MATEV

Subject. The modern economic development strongly depend on a powerful regulator, such as grand challenges, which have become a critical barrier, requirement, level that should be attained. Considering the grand challenges, the country set up goals and tasks for the coming period and adjusts operations of economic agents. Therefore, it is necessary to assess the gap between the absolute and current market potential with reference to qualitative and quantitative indicators. The study is called to assess whether Russia is prepared for the existing and arising grand challenges. We also determine risk mitigation methods and the probability of negative scenarios. Objectives. We determine and evaluate the level of socio-economic risks for Russia to respond to the grand challenges. We also pinpoint key directions for the Russian regions to continue their socio-economic development in order to promote their further economic growth. Methods. The study presents the economic-mathematical modeling of the nexus among factors that determine socio-economic risks of the GRP dynamics to find their mitigation methods. In the study, the logit-model with dummy variables that attribute the regions to certain clusters. Results. We analyzed and classified risks of the Russian regions by 10 integral indicators. The article shows homogeneous regional zones exposed to similar socio-economic development risks. We also carry out the multivariate classification of the Russian regions by the risks assessed. As the findings show, the Russian regions strongly differ by socio-economic risks. The article spotlights priorities of the socio-economic development of the constituent entities of the Russian Federation. Conclusions and Relevance. As their key development vector, the Russian regions need to overcome the technological gap, mitigate the S&T potential risk and a drop in the innovative activity of the economy.


2017 ◽  
Author(s):  
Tomasz Wojewodzic ◽  

The turn of the 20th and 21st centuries has been a very dynamic period of change in Poland and around the world; also a period of change in thinking about the economy and agriculture. The present work is a study of the decline, divestments and development of agriculture in the areas of fragmented farming structure. The reflections presented herein, upon the processes of the remodelling of agrarian structures, of divestments in farming, and disagrarisation, are mostly anchored in the achievements of the theory of spatial economy (land management), and the microeconomic theories of choice, including the theory of an agricultural holding (farm) and land rent theories. The work focuses on the economic issues of remodelling the agrarian structure, but due to the nature of the issues discussed herein, specifically in relation to family-owned farms, the social and environmental aspects also needed to be taken into account – in response to the need for a heterogeneous approach, which is increasingly stressed in economic sciences today. The main objective of the research was to diagnose and assess the scale and scope of the mechanisms and processes that inform the decline and growth of agricultural holdings in the areas with fragmented farming structure. The study covered the area comprising four regions (provinces) of south-eastern Poland, which – according to the FADN nomenclature – form the macro region of Małopolska and Pogórze. The study of subject literature has been enriched with an analysis of available statistics; data from the Farm Accountancy Data Network (FADN); information obtained from the Department of Programming and Reporting at the Agency for Restructuring and Modernisation of Agriculture; and author’s own research conducted among farm owners. The information thus obtained made it possible to: • Determine the theoretical premises for the spatial diversity of agriculture, and the role of small farms in the shaping of agrarian structure. • Adapt the concept of “divestment” for the description and analysis of the phenomena occurring in agriculture. • Indicate the role and importance of the processes of divestment and disagrarisation in the restructuring of agriculture. • Assess the natural, social and economic determinants of the process of restructuring agriculture in areas with fragmented farming structure. • Assess selected aspects of economic efficiency of agriculture in areas with fragmented farming structure, with the focus on small and micro farms. • Carry out an ex ante evaluation of the impact of agricultural policy instruments on the process of restructuring of agriculture in the macro region of Małopolska and Pogórze. • Identify the indicators of decline and fall, and barriers to the liquidation of farms. • Assess the relationship between the level of socio-economic development, the structure of farming, and the quality of agricultural production space in a given territorial unit, versus the intensity of the economic and production disagrarisation processes in agricultural holdings. • Propose targeted solutions conducive to the improvement of the farming structure in areas with a high framentation of agriculture. Observation of the processes occurring in agriculture, and the scientific theories created on the basis thereof, have shown that even the smallest farms have a chance to continue in existence, provided that we are able to positively verify their adaptation to the changing conditions in the environment. Carrying out farming activity is a prerequisite for implementing the economic, social and environmental functions associated with family farms. At the same time, based on the analyses performed, we need to assume that the advanced processes of the production and economic disagrarisation of agricultural holdings are to a greater extent determined by the anatomical features of agriculture, and by the natural conditions, than by the level of socio-economic development of the given territorial unit. In the current economic climate, the remodelling of the agrarian structure is only possible with the active participation of the institutions responsible for the creation of economic growth and agricultural policy development. It is extremely important from the point of view of environmental protection, and the viability of rural areas, to support small farms engaged in agricultural activities, and to introduce such instruments that will enable the replacement of an economic collapse with divestments, carried out in a planned manner, and allowing for thus released agricultural resources to find alternative application in units with a higher development potential. The area of theoretical research requiring further exploration includes the issues such as transactional costs of the liquidation of agricultural holdings, and the assessment of the economic effectiveness of conducting divestments.


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