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.

Approaches to Assessing the Strategic Sustainability of Large, Medium, and Small Enterprises in the Depressed Regions of Russia

2019 ◽  
pp. 25-38
Author(s):  
Yu. V. Kuznetsov ◽  
E. M. Anokhina ◽  
E. V. Melyakova
Keyword(s):  
Economic Development ◽  
Russian Federation ◽  
Regional Economic Development ◽  
Small Enterprises ◽  
Russian Regions ◽  
Regional Economic ◽  
The Russian Federation ◽  
Depressed Regions ◽  
Medium And Small Enterprises ◽  
Regions Of Russia

The presented study examines the results of the assessment of the strategic sustainability of the complex of large, medium, and small enterprises in Russian regions. The specific features and parameters of the complex of enterprises in the depressed regions of the Russian Federation are identified. The hypothesis about the dependence of the economic indicators of regional development on the strategic sustainability of enterprises operating in the region is confirmed. Directions for applying the results of this study to boost the economies of the depressed Russian regions by improving the management of the complex of enterprises are proposed. Aim. The study aims to analyze the methodological approaches to assessment proposed by the authors as well as the strategic sustainability of large, medium, and small enterprises in the depressed regions of Russia.Tasks. The authors develop a methodology for analyzing the strategic sustainability of the complex of large, medium, and small enterprises in Russian regions as a crucial factor of regional economic growth; identify specific features in the development of this complex in the depressed regions of Russia by calculating an integrated index for performance assessment – index of strategic sustainability of the complex of enterprises in the region; determine the sustainability parameters of the complex of enterprises in the constituent entities of the Russian Federation based on the developed system of indicators. According to the results of the study, the authors characterize directions for improving the management of the complex of large, medium, and small enterprises.Methods. The theoretical and methodological basis of the study comprises theories and concepts of the role of enterprises and entrepreneurship in regional economic development, allowing the authors to propose definitions for the concepts of ‘strategic sustainability of the complex of enterprises in the region’ and ‘regional profit center’. This study also uses general scientific methods: analysis and synthesis, comparative and statistical analysis, systematization, calculation of an integrated index, cluster analysis, and correlation analysis. The calculations are based on the data of the Russian Federal State Statistics Service, Russian Federal Tax Service, and SPARK database by Interfax.Results. The study shows that the complex of enterprises in depressive regions is not strategically stable. In comparison with regions where the socio-economic development rate is higher, the depressed regions of the Russian Federation have a significantly lower proportion of large business enterprises, lower labor productivity and innovative activity of enterprises, less favorable demography of enterprises, much lower share and growth rate of corporate income taxes in the total tax revenues of the region, and other indicators pertaining to the analysis of activity of enterprises. This confirms the hypothesis of the dependence of regional economic development on the business structure of the region and makes it possible to propose ways of improving the management of strategic sustainability of enterprises in depressed regions for federal and regional authorities.Conclusions. The complex of large, medium, and small enterprises in depressed regions is characterized by low and extremely low sustainability parameters, which affects the economic and social development of the regions. Many key indicators of the development of depressed regions over the past 30 years have values below 50 % of the average level in Russia. Improvement of the management of development of depressed regions should focus on enhancing government support tools that facilitate the development of the complex of enterprises in the regions. The management of sustainability of the complex of enterprises in a region should be integrated into the strategic management system at the federal and regional level.

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 SPATIAL NON-HOMOGENEITY OF THE COVID-19 PANDEMIC IMPACT ON SOCIAL ECONOMIC DEVELOPMENT OF RUSSIAN REGIONS

2021 ◽  
Vol 16 (3) ◽  
pp. 238-254
Author(s):  
Tatyana V. Miroliubova ◽  
◽  
Ekaterina N. Voronchikhina ◽  
Keyword(s):  
Economic Development ◽  
Regional Economy ◽  
Social Economic ◽  
Positive Impact ◽  
Demographic Factors ◽  
Economic Systems ◽  
Russian Regions ◽  
Regional Economic ◽  
Resilience Index ◽  
Social Economic Development

T he global nature of the COVID-19 pandemic outlined new challenges for the economic studies aimed to define the factors measuring the difference in the scope of the coronavirus-induced crisis consequences for the national social economic systems. The purpose of this research is to develop the tools to define the COVID-19 pandemic impact on the social economic development of the Russian regions and the resilience of the regional systems to the pandemic in terms of demographic factors. The methodology of the research includes statistical analysis and econometric modeling. The authors defined the economy resilience to the pandemic and developed a resilience index of the regional economy to the COVID-19 pandemic. The resilience index includes groups of homogeneous indicators characterizing the factors of the regional economic growth. Resilience of the regional economy to the COVID-19 pandemic is measured to reveal a negligible positive impact of the population density on the resilience of the RF regions’ economy to the coronavirus-induced crisis. The regions were clustered by the resilience index of their economies to the COVID-19 pandemic, and the leaders-regions, the regions with a moderate level and outsiders-regions were defined. A higher level of the regional economic development is found not to guarantee a more resilient economy to the COVID-19 pandemic. The obtained scientific results could be used to choose customized tools for the recovery of the regional social economic systems with due regard to the area with the worst dynamics of the indicators. Further scientific research is seen to be in analyzing the spatial non-homogeneity during the pandemic compared with pre-pandemic and post-pandemic periods, as well as in measuring the detrimental effects of the coronavirus and other external shocks on the RF regions’ economies in the context of demographic factors.

scholarly journals Research and analysis of coupling coordination degree between tourism industry and regional economy in Wuhu City

2021 ◽  
Vol 292 ◽  
pp. 03002
Author(s):  
Li Guanghong ◽  
Hu Yuan
Keyword(s):  
Economic Development ◽  
Regional Economy ◽  
Regional Economic Development ◽  
Tourism Industry ◽  
Regional Economic ◽  
Development Level ◽  
Comprehensive Development ◽  
Evaluation Index Systems ◽  
High Level ◽  
Coordination Degree

Taking Wuhu City of Anhui Province as an example, this paper constructs two evaluation index systems of tourism industry and regional economic development respectively, and studies the coupling coordination situation and influencing factors of Wuhu City from 2015 to 2019 by using the coupling coordination degree model. The research shows that the comprehensive development level of Wuhu tourism industry and regional economy system has been steadily improved year by year in the past five years. Coupling degree C showed an up-down trend, but was generally at a high level. The comprehensive development level T of the two systems is also in an increasing trend. By 2019, the coupling coordination degree of the tourism-industry system in Wuhu has been upgraded from good coordination to high quality coordination. In the future development process, Wuhu City should continue to promote GDP growth on the basis of the current good development situation, and realize the win-win situation between tourism and regional economic development.

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