scholarly journals Correlation between economic complexity and economic development in different types of Russian regions

2021 ◽  
Vol 51 (3) ◽  
pp. 144-161
Author(s):  
I.A. Shubin ◽  
Keyword(s):  
Economic Development ◽  
Oil And Gas ◽  
Inverse Correlation ◽  
Developed Countries ◽  
Russian Regions ◽  
Homogeneous Groups ◽  
Economic Complexity ◽  
Country Level ◽  
Level Of Economic Development ◽  
High Level

Economic complexity, according to the results of various studies at the country level, can be used as an indicator of economic development: more developed countries usually have a higher level of economic complexity. For Russian regions, the relationship between economic complexity, the level of innovative development and investment attractiveness is also revealed. This paper identifies the correlation between the complexity of export and the level of economic development for Russian regions and their separated more homogeneous groups. The results obtained by the author for regions of Russia contradict the rule identified for countries. For all Russian regions, there is a slight inverse correlation between the complexity of export and the value of per capita GRP. A slight positive correlation was found only for regions with a low export-to-GRP ratio and a high level of economic complexity. Such results are explained by the simple structure of Russian export, because of this the main recipients of export income are regions with a lower level of economic complexity — mainly oil and gas producing regions, as well as capitals that act as intermediaries.

scholarly journals FISCAL DECENTRALIZATION AND ECONOMIC GROWTH IN SELECTED EUROPEAN COUNTRIES

2017 ◽  
Vol 18 (4) ◽  
pp. 745-757 ◽  
Author(s):  
Neringa SLAVINSKAITĖ
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Fiscal Decentralization ◽  
Developed Countries ◽  
Panel Model ◽  
Development Level ◽  
Multiple Regression Method ◽  
Level Of Economic Development ◽  
High Level ◽  
The Empirical Analysis

The paper analyses the fiscal decentralization effects on economic growth in unitary countries of European Union for the period 2005–2014. The empirical analysis was based on the multiple regression method. The fixed effect panel model was used as framework for the analysis. In order to examine the different impact of fiscal decentralization, the same analysis was applied to subsets of countries categorized into two groups according to countries’ level of economic development. This further analysis found that there is positive relationship between fiscal decentralization and economic growth in low level of economically developing countries and no relationship in high level of economically developed countries. These results suggested that fiscal decentralization is not always instrument for promotion of economic growth, which means that country’s economic development level is an important factor when introducing reform of fiscal decentralization. The originality of this article – new fiscal decentralization index and evaluated fiscal decentralization level influence for countries economic growth.

scholarly journals Scaling the dual model of secondary vocational education as a factor of economic development of Russian regions

2020 ◽  
Vol 18 (5) ◽  
pp. 810-828
Author(s):  
V.A. Teslenko ◽  
R.M. Mel'nikov
Keyword(s):  
Economic Development ◽  
Vocational Education ◽  
High Tech ◽  
Dual Model ◽  
Russian Regions ◽  
Successful Development ◽  
Economic Relations ◽  
Secondary Vocational Education ◽  
Level Of Economic Development ◽  
High Level

Subject. This article deals with the issues of improving economic relations between different structures in the implementation of the dual model of secondary vocational education. Objectives. The article aims to develop recommendations for scaling the dual model of secondary vocational education in Russian regions. Methods. For the study, we used a regression analysis. Results. The article defines that the development of the dual model of secondary vocational education creates certain prerequisites for successful development of high-tech companies in the region. It justifies the need for federal financial support for the regional chambers of commerce and industry. Conclusions. At present, the spread of the dual model of secondary vocational education in Russia is local and limited to regions with a fairly high level of economic development. Further expansion of the model requires the implementation of a new target programme.

The Competitive Attractiveness and Sustainability of the Quality of Life in the Russian Regions

2021 ◽  
Vol 27 (6) ◽  
pp. 410-425
Author(s):  
B. M. Grinchel ◽  
E. A. Nazarova
Keyword(s):  
Quality Of Life ◽  
Economic Development ◽  
Environmental Changes ◽  
Regional Distribution ◽  
Life Quality ◽  
Russian Regions ◽  
Level Of Economic Development ◽  
Political Conditions ◽  
High Level

Aim. The presented study aims to theoretically substantiate and empirically test criteria and indicators for a generalized assessment of the level and sustainability of the quality of life in the regions of the Russian Federation in the context of challenges and volatile foreign economic and political conditions.Tasks. The authors use a system of indicators and the criterion of sustainability of the quality of life to conduct a typological analysis of the distribution and ranking of Russian regions by the quality of life and sustainability of development in 2016-2019.Methods. This study proposes an algorithm and mathematical tools for measuring the level and sustainability of regional development in terms of life quality based on a group of indicators relevant for current Russian conditions, generically characterizing the attractiveness of living conditions in the territory.Results. Methods for analyzing and managing the sustainability of regional economic development in Russia under the influence of political and economic challenges and risks are proposed. A method for comparing the ranking positions of Russian regions by the quality of life is proposed and applied. Several hypotheses about the regularity of regional distribution by the quality of life are considered, and the reasons for the violation of the sustainability of social development are analyzed for groups of regions that showed signs of instability during the analyzed period.Conclusions. Based on the proposed criterion of sustainability of development and assessment of the level of competitive attractiveness of regions and their ranking by the quality of life, the study shows that 43 out of 85 regions were developing steadily in terms of life quality in 2016-2019. Of the 42 regions that showed a decrease in the level and ranking of competitive attractiveness, the majority suffered due to increased unemployment, crime, reduced income, and adverse environmental changes. Increased sustainability of development is usually observed in regions with a high level of competitive attractiveness in terms of the quality of life and the level of economic development.

scholarly journals Country of market effect

2016 ◽  
Vol 12 (1) ◽  
pp. 7-14
Author(s):  
Shenyu Li ◽  
Rong Huang ◽  
Siva K. Balasubramanian
Keyword(s):  
Economic Development ◽  
Purchase Intention ◽  
Home Country ◽  
Emerging Market ◽  
Developed Countries ◽  
Future Research ◽  
Country Level ◽  
Level Of Economic Development ◽  
The Impact ◽  
Country Effect

Purpose: This article proposes and empirically tests the country of market (COMK) effect, which captures the consumer’s responses of home market to a country where the product is marketed. Design/methodology/approach: Study 1 applies a lab experiment about Chinese consumers’ purchase intention for printers marketed either in the US or China. Study 2 applies country level data to examine the impact of economic development of 22 host countries on the performance of 167 multinational retailers in their home country. Findings: Study 1 shows that the printers marketed in US attract a higher level of purchase intention than printers marketed in China. This COMK effect is more salient for printers manufactured in China than those manufactured in US. In addition, innovation and design factors corresponding to the host country’s image fully mediate the COMK effect. Results in Study 2 show that a retailer that markets its services in a host country with a higher (lower) level of economic development is likely to generate higher (lower) level of retailing performance in its home country. Furthermore, it is found that COMK effect is diminished as the level of economic development of a vendor’s home country increases. Research limitations/implications: In addition to the cognitive components of country image (e.g., design and innovation), consumers’ affective components may also influence the COMK effect. Future research could discuss the impact of consumer ethnocentrism and consumer animosity on consumers’ attitude towards the product marketed in other countries. Practical implications: Strategically, marketing products to a country with a favorable image could benefit vendors from an emerging economy. For manufacturers from developed countries, marketing a product within their own countries may enhance the associated innovation and design images while marketing the same product in an emerging market. Originality/value: This article proposes and tests a demand side country effect on consumers’ purchase intention for products marketed in other countries. It is in sharp contrast to the traditional country effect which focuses on the supply side effect (e.g., country of origin, country of manufacture, country of assembly etc.)

scholarly journals E-Entrepreneurship and Economic Development: the Case of EU Countries

2020 ◽  
Vol 3 (1) ◽  
pp. 1-24
Author(s):  
Valentina Diana Rusu ◽  
Angela Roman
Keyword(s):  
Economic Development ◽  
Developed Countries ◽  
Constructive Method ◽  
Small Enterprises ◽  
Information And Communications Technologies ◽  
Technology Infrastructure ◽  
Information Technology Infrastructure ◽  
Eu Countries ◽  
Country Level ◽  
Level Of Economic Development

AbstractThe aim of our paper is to identify how entrepreneurs from European Union (EU) countries use information and communications technologies (ICTs) in their business activities. We also propose to identify if there are differences in the use of ICTs by entrepreneurs, according to level of economic development of EU countries. In order to achieve these goals, we analyse a sample of EU countries, by including them into two groups, according to the stage of their economic development. For analysing the data, we use several methods (the logical-constructive method, comparative methods and benchmarking). The benchmarking method helps us to estimate indicators at country level and to compare them between countries. Our results indicate that e-entrepreneurship in developed countries is more advanced compared to developing countries. There are also significant differences regarding the use of informational technologies between types of firms by their size. Small enterprises use in a lower proportion ICTs in their activity compared with large firms. Through the content of our research, we emphasize that in order to adapt to the rapid changing environment and also to the changes in the consumer’s behaviour the enterprises should focus on introducing the ICTs in their activity to face the competition. Also, government policies should pay more attention to supporting development of information technology infrastructure.

Sustainable Regional Economic Development: Analysis and Management Methods

2020 ◽  
Vol 26 (1) ◽  
pp. 23-34
Author(s):  
B. M. Grinchel’ ◽  
E. A. Nazarova
Keyword(s):  
Economic Development ◽  
Mathematical Treatment ◽  
Mathematical Tool ◽  
Russian Regions ◽  
Regional Economic ◽  
Management Scheme ◽  
Progressive Growth ◽  
Sustainable Regional Development ◽  
High Level ◽  
Development Analysis

The presented study examines methods for analyzing and managing sustainable economic development of Russian regions and possible criteria for assessing and improving sustainability.Aim. The study aims to provide a theoretical and empirical justification for the use of regional competitive attractiveness assessment to manage economic development and improve its sustainability.Tasks. Based on the measurement and analysis of economic competitive attractiveness indicators and their mathematical treatment, the authors assess the sustainability of development of Russian regions in 2013–2017 and the causes of deviations from progressive growth.Methods. This study proposes a mathematical tool for measuring the sustainability of Russian regions by assessing their competitive attractiveness and develops a typology of sustainability in the mathematical space of two variables.Results. Methods for analyzing and managing the sustainability of economic development of Russian regions under the influence of political and economic challenges and risks are proposed. The level and dynamics of regional competitive attractiveness are taken as a criterion of sustainability of economic development. The authors provide methods and indicators for assessing economic competitive attractiveness and criteria for measuring the sustainability of development, which allow them to draw conclusions about the reaction of different regions to the challenges and risks of development in 2013–2017. The study proposes a management scheme for sustainable regional development with a focus on the comprehensive improvement of regional economic competitive attractiveness and potential ways to improve it, including training of municipal and regional managers in crisis management associated with economic and political challenges and risks.Conclusions. Based on the proposed criterion of economic development sustainability and assessment of the competitive attractiveness of regions and their rankings, it is shown that in 2013–2017 45 out of 83 regions were developing sustainably; by 2017, 19 regions out of the 32 that suffered losses in the competitive attractiveness level and rankings in 2015–2016 have managed to restore the sustainability of economic development and their rankings. This study proves that regions with a high level of economic competitive attractiveness show increased sustainability of development.

Growth and Social Capital: Empirical Analysis of the Relationship

2019 ◽  
pp. 128-134
Author(s):  
Ksenia V. Bagmet
Keyword(s):  
Economic Growth ◽  
Social Capital ◽  
Economic Development ◽  
Social Development ◽  
Empirical Analysis ◽  
Panel Data Analysis ◽  
Well Being ◽  
Developed Countries ◽  
International Institute ◽  
Level Of Economic Development

The article provides an empirical test of the hypothesis of the influence of the level of economic development of the country on the level of development of its social capital based on panel data analysis. In this study, the Indices of Social Development elaborated by the International Institute of Social Studies under World Bank support are used as an indicators of social capital development as they best meet the requirements for complexity (include six integrated indicators of Civic Activism, Clubs and Associations, Intergroup Cohesion, Interpersonal Safety and Trust, Gender Equality, Inclusion of Minorities), comprehensiveness of measurement, sustainability. In order to provide an empirical analysis, we built a panel that includes data for 20 countries divided into four groups according to the level of economic development. The first G7 countries (France, Germany, Italy, United Kingdom); the second group is the economically developed countries, EU members and Turkey, the third group is the new EU member states (Estonia, Latvia, Lithuania, Romania); to the fourth group – post-Soviet republics (Armenia, Georgia, Russian Federation, Ukraine). The analysis shows that the parameters of economic development of countries cannot be completely excluded from the determinants of social capital. Indicators show that the slowdown in economic growth leads to greater cohesion among people in communities, social control over the efficiency of distribution and use of funds, and enforcement of property rights. The level of tolerance to racial diversity and the likelihood of negative externalities will depend on the change in the rate of economic growth. Also, increasing the well-being of people will have a positive impact on the level of citizens’ personal safety, reducing the level of crime, increasing trust. Key words: social capital, economic growth, determinant, indice of social development.

Political and Economic Effects on Greenhouse Gas Emissions – a Quantitative Study

2014 ◽  
Vol 10 (2) ◽  
pp. 313-341
Author(s):  
Ole Martin Lægreid
Keyword(s):  
Economic Development ◽  
Linear Relationship ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Separation Of Powers ◽  
Economic Effects ◽  
Gas Emissions ◽  
Middle Income ◽  
Level Of Economic Development ◽  
High Level

AbstractThis study examines whether there is a curve linear relationship between economic development and greenhouse gas emissions, where poor and rich countries have low emissions while middle-income countries have high emissions. This is a controversial argument that suggests that persistent economic growth is the best means for achieving considerable emission reductions. The study contributes with new knowledge about the causes of variations in greenhouse gas emissions, by analyzing data for greenhouse gas emissions and testing economic explanations in relation to a broad array of political explanations. As the study demonstrates, there is a curve linear relationship between the level of economic development and greenhouse gas emissions, but the turning point – where a higher level of economic development starts to produce lower rather than higher emission levels – is far higher than previously thought. Among the study’s sample of countries, only the Scandinavian countries and Switzerland have experienced a sufficiently high level of economic development in order for increased wealth to result in lower emissions. Among the political impacts on greenhouse gas emissions, the study indicates that countries with consensual political systems produce lower emission levels than countries where the separation of powers is more centralized. A more robust “green” civil society leads to lower emissions in countries where the democratic system is functioning well, and ambitious targets regarding reduction of emissions in the Kyoto Protocol also seems to lower emissions.

scholarly journals Using fuzzy logic for evaluating the level of countries’ (regions’) economic development

2012 ◽  
Vol 59 (3) ◽  
pp. 293-310 ◽  
Author(s):  
Gordan Stojic
Keyword(s):  
Mathematical Model ◽  
Economic Development ◽  
Fuzzy Logic ◽  
Developed Countries ◽  
Gdp Per Capita ◽  
Industrial Growth ◽  
The Poor ◽  
The World ◽  
Level Of Economic Development ◽  
Per Capita

There are several divisions of countries and regions in the world. Besides geo-political divisions, there also are economic divisions. The most common economic division is the that on developed countries and the poor ones. These divisions are a consequence of the level of: GDP, GDP per capita, unemployment rate, industrial growth, and so on. The question is how to define a mathematical model based on which the following will be assessed: who is rich and who is poor, or who is economically developed and who is not? How the boundaries of transition from one category to another can be defined? This paper presents a model for evaluating the level of economic development of countries and regions using "fuzzy" logic. The model was tested on a sample of 19 EU member countries and aspirants for membership.

Measuring urban competitiveness: ranking European large urban zones

2017 ◽  
Vol 10 (5) ◽  
pp. 479-496 ◽  
Author(s):  
Lucía Sáez ◽  
Iñaki Periáñez ◽  
Iñaki Heras-Saizarbitoria
Keyword(s):  
Economic Development ◽  
Related Factors ◽  
Urban Competitiveness ◽  
Content Type ◽  
Basic Dimension ◽  
Level Of Economic Development ◽  
Complex Relationships ◽  
Weighted Aggregate ◽  
High Level ◽  
Practical Implications

Purpose This paper aims to identify the main dimensions that determine the ability of cities to compete as locations for business and hubs for investment which can help policymakers to manage and prioritize urban development strategies. Design/methodology/approach A composite indicator is proposed as a weighted aggregate of sub-indicators for the identified component dimensions (basic, efficiency-related and innovation-related competitiveness). The indicator is used to draw up a ranking of 159 European Large Urban Zones (LUZs) located in 26 EU countries based on 31 indicators, broken down into the three core dimensions of urban competitiveness identified. Findings The dimensions underlying urban competitiveness in relation to the location of firms and attracting investment determine the level of economic development of the LUZs. The most competitive cities in the sample have a high level of economic development, and the innovation dimension is the most significant one for the three groups of cities considered, followed by the efficiency dimension and, to a lesser extent, the basic dimension. Practical implications The findings provide guidance to policymakers on the most relevant dimensions for urban competitiveness. Originality/value This paper contributes to the literature shedding light on the complex relationships between efficiency-related and innovation-related factors with regard to urban competitiveness.

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