scholarly journals Industrial Structure and Economic Resilience of Non-Metropolitan Regions: An Empirical Base for the Smart Specialization Policies

Land ◽  
2021 ◽  
Vol 10 (12) ◽  
pp. 1335
Author(s):  
Jan Ženka ◽  
Marcela Chreneková ◽  
Lucie Kokešová ◽  
Veronika Svetlíková
Keyword(s):  
Economic Growth ◽  
Firm Size ◽  
Size Structure ◽  
Geographical Location ◽  
Economic Resilience ◽  
Demographic Ageing ◽  
Total Employment ◽  
Regional Economic ◽  
Metropolitan Regions ◽  
Sectoral Structure

In this paper, we aim to describe and explain the regional disparities in economic resilience in Slovakia in the period 1997–2017. We focus on the effects of economic structure in combination with the vertical (potential accessibility) and horizontal geographical location. Since the early 1990s, Slovak (non-)metropolitan regions exhibited deep changes in the sectoral structure of the economy that were followed by sharp unemployment increases. Due to the FDI-fueled economic growth in the last two decades, however, considerable progress in regional economic growth and reduction in unemployment were was recorded. Therefore, Slovak non-metropolitan regions provide valuable lessons for the analysis of regional economic resilience in a long-term period. We ask if, and to what extent were, the prospects of regional renewal after economic crises associated with the geographical location, economic diversity, firm size and sectoral structure of the economy. We employed spatial regression models to test the effects of the potential accessibility, horizontal geographical location and industrial diversity, and sectoral (agriculture, manufacturing) and firm size structure. The dependent variable, Economic Resilience, was measured by the Regional Development Index, combining the indicators of demographic ageing, net migration, income per capita and registered unemployment rate. Potential accessibility and horizontal geographical location were the key predictors of regional economic resilience. Districts with tertiarized and diversified industrial and firm size structures scored, on average, higher in RDI than specialized districts with large firms and/or a high share of agriculture/manufacturing in total employment.

scholarly journals OPPORTUNITIES FOR INNOVATION AND GROWTH IN THE BULGARIAN ECONOMY

2019 ◽  
Vol 17 (Suppl.1) ◽  
pp. 243-251
Author(s):  
Vera Pirimova
Keyword(s):  
Economic Growth ◽  
Size Structure ◽  
Descriptive Analysis ◽  
Innovation System ◽  
Study Methods ◽  
Retention Factors ◽  
Sectoral Structure ◽  
Methods Of Analysis ◽  
Innovation Dynamics ◽  
Analysis And Synthesis

The main objective of the report is to systematize the potential and available opportunities for increasing the innovations and stimulating through them the economic growth in Bulgaria. The interest in such an analysis is triggered by the great importance of innovation for increasing the competitiveness and export potential of firms and accelerating the rates of economic growth. It is assumed that by 2018 Bulgaria is lagging behind in innovation, according to data from the European Innovation Scoreboard 2018 Bulgaria is defined as a "modest innovator". At the same time, Bulgaria ranks fourth in innovation dynamics, but has an unbalanced innovation system. Similar diversity assessments lead to an analysis of the opportunities for innovation and growth, which are revealed in the report depending on the sectoral structure of GDP, the size structure and the sectoral distribution of the Bulgarian companies and innovations. The results show certain limitations and insufficiently exploited opportunities for innovation in certain economic spheres, existence of retention factors and prerequisites. The main conclusion is the limited possibilities for expected moderate impulse of the innovations and growth in the Bulgarian economy in the coming years. In the study, methods of analysis and synthesis, induction and deduction, and methods of descriptive analysis are used.

Openness of the Russian economy as a source of economic growth

2016 ◽  
pp. 26-42 ◽  
Author(s):  
P. Kadochnikov ◽  
A. Knobel ◽  
S. Sinelnikov-Murylev
Keyword(s):  
Economic Growth ◽  
Economic Integration ◽  
Global Economy ◽  
Regional Economic Integration ◽  
Policy Recommendations ◽  
Regional Economic ◽  
Russian Economy

The paper considers measures on Russia’s integration into the global economy, aimed at the economic growth resumption. It analyzes conditions and mechanisms due to which the expanding trade and mutual investment with other countries contribute to economic growth in Russia. The paper provides policy recommendations for export support, regional economic integration agenda and the institutions reform.

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