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Economic Analysis: Theory and Practice
 

Features of functional role of industry in economic development

Vol. 12, Iss. 23, JUNE 2013

Available online: 17 June 2013

Subject Heading: ANALYSIS OF ECONOMIC ACTIVITIES

JEL Classification: 

Ashotov А.М. PhD in Economic Sciences, Associate Professor, the Department of Economics and Management of Socio-Economic Systems, the Moscow State University of Food Industries
anzor-kbr@yandex.ru

On the basis of the analysis of the relation between the level of development of the industrial sector of the economy and level of development of the economy is showed that the functional role of the extractive sector plays only. At the same time, the domestic industry, represented by manufacturing industries, has almost no effect on the economy.

Keywords: processing, extractive sector, gross regional product, correlation coefficient

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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