scholarly journals Spatial Shift-Share Analysis as a Tool for Studying the Economic Development of Russia’s Macroregions

2021 ◽  
Vol 17 (3) ◽  
pp. 755-768
Author(s):  
Alexandr V. Kotov

Structural analysis of regional economies plays a significant role in political decision-making. In the context of Russian regional development, a new research topic emerges at the level of economic macroregions as defined in the current Spatial Development Strategy of the Russian Federation. The present work aims to empirically evaluate the use of shift-share analysis to clarify the contribution of the neighbourhood effect in addition to national and regional growth factors. The proposed approach incorporates structural shifts of spatial interactions into the classical method using various matrices (adjacency, neighbourhood). Macroregional economic growth was decomposed on the basis of consolidated sectoral structural dynamics and national development stages from 2004–2018 to reveal specific features of structural growth. It was determined that the most significant effects at all stages are those generated by national economic policy. Regional effects are especially important for macroregions whose development is characterised by substantial state support combined with an adequate resource base. Negative values of the spatial sectoral shift persisting across all macroregions testify to the positive mutual influence of macroregional specialisation and intensified interregional cooperation. Sectoral effects were observed only for particular economic sectors or at certain macroregional development stages. Recommendations for strengthening interregional interactions are proposed on the basis of the enlarged typology of structural effects in macroregions. Comparative analysis confirmed the consistency of estimates obtained using standard and spatial shift-share methods. Future research will focus on clarifying the structure of spatial relationships and detailing actual interregional economic interactions in the form of products and goods exchanged between macroregions.

Author(s):  
Dr. Pham Ngoc Tram Et al.

In the 21st century, in addition to the growing population and the depletion of land-based mineral and energy resources, the development of coastal economic sectors has become a new global concern.  Therefore, all marine countries in the world consider the development and use of marine resources an essential part of their national development strategy. The marine economy gradually stimulates competition among nations. This article is based on the synthesis of documents to learn and analyze experiences of coastal development in some Northeast Asian countries in the context of the Industrial Revolution 4.0. From there, draw reference lessons for Vietnam.


Author(s):  
P. Eko Prasetyo

This study has taken position for developing of small-scale industry (SSI) is necessary strategy or market conduct policy and market performance. For that objective, the realization steps needed are: (a) re-examining about national development objective; (b) conducting political system restructurization that enable all people has equal right to participate in the economic sectors; (c) allocating and distributing economic resources and production facilities in equitable manner especially for rural people; and also (d) making more deep market penetration for goods and services of SSI through issuing inceptives and positive discrimination policies for SSI in supplying their production input, production process and marketing. Promotion intensification and nourishing cooperation with another kind of enterprise will be a beneficial.


2020 ◽  
Vol 16 (5) ◽  
pp. 929-949
Author(s):  
A.M. Chernysheva

Subject. After the collapse of the USSR, smaller countries chose different paths in their economic policy during the globalization and the multipolar world. The EU, USA and Russia made a palpable contribution to the economic policy of smaller countries. Some countries of the former USSR failed to find their course, while the others immediately followed their development strategy and stuck to it persistently. Objectives. I examine the economics of the monodirectional strategy of smaller countries of the former USSR. I also evaluate how the countries found their position among different leading countries as points of attraction. The study is based on the assumption that the single direction of the national development and adherence to the same point of attraction will ensure the sustainable development. However, the economic development level depends on the health of a certain economy as a point of attraction. Methods. The study is based on the systems approach, comparative and statistical methods for analyzing macroeconomic data series. Results. I investigated the dynamics of key macroeconomic data in the Republic of Belarus, Latvia and Estonia, such as GDP per capita in current values, unemployment rate and Purchasing Power Index. Given the current phase of globalization and multipolar world, it is crucial for smaller countries to choose a development strategy to follow persistently and achieve proper macroeconomic indicators that depend on the economic stability of counties they treat as their benchmarks. Conclusions and Relevance. I should mention the successful economic policy of Estonia and Latvia, which followed the same course as the other EU countries, as opposed to the Republic of Belarus tending to the policy of the Russian Federation. Nevertheless, the monodirectional development strategy also helps smaller countries ensure their economic stability.


2018 ◽  
Author(s):  
Sumitro Sarkum

This study aims to figure out what the relationship of empowerment of SMEs through methods of zoning as marketing strategy of SMEs in two different markets (offline and online). The zoning strategy with information and communication system integrated brings together socialization and promotion in a market. This system can help the government in taking and formulating policies to unite SMEs in a new market by not leaving the old market. The method in this study uses qualitative descriptive. There are three propositions produced in this initial research, the first; Offline and online marketing is very relevant for SMEs in Indonesia. Second; marketing information system is access for SMEs to find out the demand or market needs both domestically and internationally. And third; The zoning system can be used as an online development strategy for SMEs to synchronize two different markets, namely offline and online. Further research is needed to validate the propositions found, to generate hypotheses and empirical evidence, we recommend using mix methods for future research.


Author(s):  
Stephany Griffith-Jones ◽  
José Antonio Ocampo ◽  
Paola Arias

Based on the seven case studies analysed in this volume, this chapter concludes that national development banks (NDBs) have been successful in many cases in supporting innovation and entrepreneurship, key new sectors like renewable energy, and financial inclusion. They have developed new instruments, such as far greater use of guarantees, equity (including venture capital) and debt funds, and new instruments for financial inclusion. The context in which they operate is key to their success. Active countercyclical policies, low inflation, fairly low real interest rates, a well-functioning financial sector, and competitive exchange rates are crucial. They are also more effective if the country has a clear development strategy, linked to production sector strategies that foster innovative sectors. Under these conditions, the chapter argues that there is great need for a larger scale of NDB activity in Latin America and in developing countries in general.


Author(s):  
Georg Menz

This chapter summarizes some of the book’s main arguments and provides avenues for future research. We point to the ideational turn as well as to culturally based enquiries into Comparative Political Economy as offering particular promise. Finally, this chapter additionally points to two major sources of societal and economic transformation, discussing in passing other major economic changes, such as increasing automation, advances in artificial intelligence, and the roll-out of robots across a variety of economic sectors. These two potentially explosive sources of change include energy security, a field in which the race for autarchy is juxtaposed with limits to the practical applicability of renewable energy sources. Environmental factors and environmental degradation similarly impose dramatic constraints to further economic development and might induce a dramatic reconfiguration.


Author(s):  
David Audretsch ◽  
Dirk Fornahl ◽  
Torben Klarl

AbstractThe aim of this paper is to introduce the special issue of Small Business Economics on “Radical Innovation, Entrepreneurship, and (Regional) Growth” and present a roadmap for future research in the area. This article argues that the link between the literature on radical innovation, entrepreneurship, and (regional) growth is still an underresearched topic. This paper also reviews the special issue’s contributions that allow for a more nuanced understanding of this important link.


Author(s):  
Abdul-Jalil Ibrahim ◽  
Nasim Shah Shirazi

Abstract Background Qatar’s per capita consumption of both energy and water is among the highest in the world. Documentation of methods to reduce energy and water use and its impact on the environment is crucial. A circular economy (CE) ensures that economic growth must not necessarily lead to more resource consumption. Materials and methods This study aims to discuss the CE approach with a focus on understanding the interdependencies between energy and water and their impact on the environment. The study explores the energy-water-environment nexus and how Qatar can leverage this to transition to a CE. The policy landscape and strategies related to energy and water use sectors are presented, addressing efficiencies and substitutes from a circular economic viewpoint. Results The findings show that electricity and mobility sectors(energy perspective of the CE) and agriculture and water supply system (water perspective of the CE) of the Qatari economy provide an opportunity for regeneration, virtualising, exchanging, optimising, sharing and closing loops to achieve CE growth. Conclusions The nexus between the mobility, electricity, agriculture and water supply system needs consideration for optimal policy outcome for the CE in Qatar. The study recommends a need to embark on public awareness on moving away from linear economic to the circular economic paradigm and developing a comprehensive policy on Qatar’s circular economic approach that consolidates the Qatar National Vision 2030 and the National Development Strategy 2018–2022 to provide policy clarity and communication towards CE.


Author(s):  
Zaky Machmuddah ◽  
St. Dwiarso Utomo ◽  
Entot Suhartono ◽  
Shujahat Ali ◽  
Wajahat Ali Ghulam

The coronavirus pandemic has spread all over the world, affecting both the health and economic sectors. The aim of this research was to observe stock prices of customer goods before and after the COVID-19 pandemic using event study and the comparison test. The sample included data of daily closing stock prices and volume of stock trade during the three months before (−90 days) and after (+90 days) the occurrence of the COVID-19 pandemic ongoing, totaling 2670 observation data both before and after the COVID-19 pandemic, for a total of 5340. The research findings indicate a significant difference between the daily closing stock price and volume of stock trade before and after the COVID-19 pandemic. The current research has both theoretical and practical implications: the findings strengthen the efficient market hypothesis, which states that the more complete the provided information, the more efficient the market. The practical implication is that investors should be careful when choosing to invest. Investors should choose customer goods sector companies that provide products that are much needed by customers, for example, pharmacy, food, beverages, etc. Future research is needed to investigate the long-term impact of the pandemic on the economy.


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