+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Economic Analysis: Theory and Practice
 

Methodological approaches to integrated assessment of region's economic capacity and its utilization level

Vol. 15, Iss. 8, AUGUST 2016

PDF  Article PDF Version

Received: 4 December 2015

Received in revised form: 17 February 2016

Accepted: 17 May 2016

Available online: 31 August 2016

Subject Heading: INTEGRATED ECONOMIC-SOCIO-ECOLOGICAL ANALYSIS

JEL Classification: R10, R11, R12, R13

Pages: 86-97

Karginova V.V. Institute of Economics of Karelian Research Centre of Russian Academy of Sciences, Petrozavodsk, Russian Federation
vkarginowa@yandex.ru

Importance The article considers the characteristics of regional economic systems, which determine the vector and the pace of their development, in particular, the value of existing assets and the effectiveness of their involvement in economic activities.
Objectives The objective of the study is to analyze and compare the characteristics of regional economic systems.
Methods I performed a critical analysis of existing approaches to the definition of the region's economic potential and offered an original approach to this category interpretation. The study rests on methods of empirical research and applied statistics. The research results are systematized with the help general scientific methods.
Results The revealed complexity and limitations of the existing methodological approaches to the integrated assessment of the region's economic capacity formed the basis of my original methodology. I assessed the level of economic potential realization by Russian regions. The assessment showed a high degree of divergence of regions by this indicator due to infrastructure constraints and the need for economic space reorganization.
Conclusions and Relevance The developed methodological may be useful for complex analysis of regional economic systems to identify opportunities and instruments of increasing the gross regional product. The advantage of the approach is the analysis of individual sectors of economy that helps integrate obtained results into the regional development strategy in the form of specific activities.

Keywords: asset, capitalization, value added, gross regional product, region

References:

  1. Sosnenko L.S. Kompleksnyi ekonomicheskii analiz khozyaistvennoi deyatel'nosti [A complex economic analysis of business activities]. Moscow, KnoRus Publ., 2009, 256 p.
  2. Pechatkin V.V. [Investment and innovative development of Russian regions: key problems and areas for solution]. Ekonomicheskoe vozrozhdenie Rossii = Economic Revival of Russia, 2013, no. 3, pp. 75–78. (In Russ.)
  3. Rastvortseva S.N. [The essence of social and economic efficiency of region's development]. Regionologiya = Regionology, 2008, no. 4, pp. 130–135. (In Russ.)
  4. Gorbunov E.P. Struktura i effektivnost' obshchestvennogo proizvodstva [Structure and efficiency of social production]. Moscow, Mysl' Publ., 1974, 199 p.
  5. Belousov R.A. Rost ekonomicheskogo potentsiala [Economic potential growth]. Moscow, Ekonomika Publ., 2005, 55 p.
  6. Tkachenko I.N., Starikov E.H. [An integrated model to assess the industrial complex potential of the region]. Izvestiya IGEA = Izvestiya of Irkutsk State Economics Academy, 2008, no. 2, pp. 45–48. (In Russ.)
  7. Shchukov V.N. Ekonomicheskii potentsial regionov Rossii i effektivnost' ego ispol'zovaniya [Economic potential of Russian regions and the efficiency of its utilization]. Ivanovo, ISTA Publ., 2006, 258 p.
  8. Strakhov A.I. [Economic Security]. EKO = ECO, 1998, no. 7, pp. 64–68. (In Russ.)
  9. Belomestnov V.G. Upravlenie potentsialom sotsial'no-ekonomicheskikh sistem regiona [Management of the potential of the region's socio-economic systems]. St. Petersburg, ROST Publ., 2005, 226 p.
  10. Lipina S.A. Chechenskaya Respublika: ekonomicheskii potentsial i strategicheskoe razvitie [The Chechen Republic: Economic potential and strategic development]. Moscow, LKI Publ., 2007, 320 p.
  11. Zotov B.N. [The estimated economic potential of the region]. Tezisy dokladov regional'noi nauchno-prakticheskoi konferentsii “Aktual'nye problemy upravleniya sotsial'no-ekonomicheskimi protsessami v regione” [Proc. Regional Sci. Conf. Topical Issues of Management of Socio-economic Processes in the Region]. Kaluga, North-West Academy of Public Administration Publ., 2000, 248 p.
  12. Davyskiba E.V. [Economic potential of the region: Methods and experience in evaluation]. Kommunal'noe khozyaistvo gorodov: nauchno-tekhnicheskii sbornik = Communal Economy of Cities: Scientific and Technical Collection, 2003, no. 50, pp. 152–157. (In Russ.)
  13. Gekhaeva P.T., Bulgakova L.N. [A methodology to assess the economic potential of the region]. Sovremennye nauchnye issledovaniya = Modern Scientific Researches, 2008, no. 3, pp. 54–57. (In Russ.)
  14. Muftakhutdinova Kh.R., Gorinov M.N. [Economic potential of the region: Social and economic essence and evaluation model] Vestnik Izhevskogo gosudarstvennogo tekhnicheskogo universiteta = Bulletin of Kalashnikov Izhevsk State Technical University, 2007, no. 4, pp. 30–36. (In Russ.)
  15. Kornai J. Defitsit [Economics of Shortage]. Moscow, Nauka Publ., 1990, 607 p.
  16. Klotsvog F., Kushnikova I. [A resource potential of subjects of the Federation and its use]. Ekonomist = Economist, 1998, no. 12, pp. 33–39. (In Russ.)
  17. Tishchenko A.N., Davyskiba E.V. [Assessing the efficiency of region's economic potential utilization]. Kommunal'noe khozyaistvo gorodov: nauchno-tekhnicheskii sbornik = Communal Economy of Cities: Scientific and Technical Collection, 2004, no. 56, pp. 3–13. (In Russ.)
  18. Stewart G.B. The Quest for Value: A Guide for Senior Managers. New York, HarperCollins Publishers, 1991, 781 p.
  19. Rappaport A. Creating Shareholder Value: The New Standard for Business Performance. New York, Free Press, 1986, 270 p.
  20. Ottoson E., Weissenrieder F. Cash Value Added – A New Method for Measuring Financial Performance. Available at: Link.
  21. Olsen E., Joiner M., Hansell G., Banducci B. Shareholder Value Metrics. Boston Consulting Group Report. Boston, Boston Consulting Group, 1996, pp. 21–102.

View all articles of issue

 

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

Journal current issue

Vol. 23, Iss. 3
March 2024

Archive