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Regional Economics: Theory and Practice
 

Assessment of the gross municipal product and comparative analysis of the Russian cities

Vol. 12, Iss. 9, MARCH 2014

Available online: 1 March 2014

Subject Heading: Region development strategy

JEL Classification: 

Pages: 09-22

Krinichanskii K.V. Doctor of Economics, Professor of Department of Finance and Financial Law, Southern Ural State University (NIU), Cheliabinsk, Russian Federation
kkrin@ya.ru

Unrau A.V. Student of Faculty of Economics, Management, Law, Southern Ural State University (NIU), Cheliabinsk, Russian Federation
nfs923@ro.ru

The authors develop a database which includes an index of the gross municipal product. They apply the factorial method for calculation and, on the basis of the collected data, they suggest a comparative method of inquiring of the Russian cities. The article shows the revealed interrelation between the gross municipal product and a number of various macro-regional and sub-regional numerical parameters. There is a proposal to group the cities of similar comparable criteria, and to mark out those ones which are of major or minor efficiency as per those criteria. The gross-domestic-product structures of different cities and regions have been compared on a country-selective basis. Consequently the authors conclude that the Russian “minor” cities’ contribution to the gross domestic product is not that considerable. This fact may negatively affect the long-term competitive ability of the country.

Keywords: regional economy, economic-growth factors, regional allocation, economic activities, regional policy

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