The textile and garment industries in the Russian regions: Spatial and econometric modeling
Subject. The article focuses of the industrial specialization of the Russian regions. Objectives. We test the technique for analyzing the regional industrial specialization with econometric toolkit, referring to the textile and garment industries in Russia. Methods. We conducted the econometric analysis, relying upon spatial panel data on the regional industrial specialization. We used localization coefficients of the metrics, such as revenue from sale of goods, average monthly pay of workers in the given industry, average headcount in the given industry and labor productivity. Results. We discovered that there is a spatial correlation of labor productivity in the textile and garment industries. The localization of those employed in the textile and garment manufacturing has a negative correlation with labor productivity in the regions. We traced a positive correlation of labor productivity in the regions and the localization of workers’ wages. Conclusions. The proven economic analysis technique helps identify and analyze correlations of regional industrial specialization indicators.