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Economic Analysis: Theory and Practice
 

Cost of energy resources as a factor of interregional differentiation of Russian regions

Vol. 16, Iss. 5, MAY 2017

PDF  Article PDF Version

Received: 22 February 2017

Received in revised form: 6 April 2017

Accepted: 20 April 2017

Available online: 29 May 2017

Subject Heading: MATHEMATICAL METHODS AND MODELS

JEL Classification: F47

Pages: 971-982

https://doi.org/10.24891/ea.16.5.971

Moroshkina M.V. Institute of Economics of Karelian Research Centre of Russian Academy of Sciences, Petrozavodsk, Russian Federation
Maribel74@mail.ru

Importance The article deals with the study and analysis of interregional differentiation of Russian regions, and identifies its determinants.
Objectives The purpose is to review the dynamics of Russian regions, define indicators determining the level of socio-economic development, identify interregional differentiation of Russian regions, evaluate the level of interregional differentiation in current prices, and calculate an indicator of differentiation (GRP per capita) in comparable prices.
Methods I offer an approach using the calculation and analysis of Gini coefficient in both current and comparable prices. Methodological tools of the research involve mathematical methods of statistical data processing.
Results The obtained result enables to explore and evaluate the level of interregional differentiation of Russian regions, to determine the impact of the cost of natural resources on the level of interregional differentiation over time. The findings may be applied for developing the concept of socio-economic development of territories.
Conclusions and Relevance Spatial heterogeneity and interregional inequality of most territories determine the specificity of entire economic policy. In current economic conditions, the understanding and use of competitive advantages of territories help examine the process of region's development and assess the impact of decisions by regional authorities.

Keywords: Gini coefficient, comparable prices, current prices, σ-convergence, β-convergence

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