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






Digest Finance

Innovations and sectoral structure of regional economy: Analysis of reciprocal influence

Vol. 27, Iss. 3, SEPTEMBER 2022

Received: 26 June 2018

Received in revised form: 23 July 2018

Accepted: 13 August 2018

Available online: 29 September 2022


JEL Classification: C01, C53, О10, О30, R11

Pages: 283–309


Galina L. POPOVA Tambov State Technical University (TSTU), Tambov, Russian Federation


Subject. Innovations are changing the society. They adjust requirements for the composition of labor force, level of education, availability of information and the need to update it, etc. The consequence of innovative development is economic growth, formation of preconditions for structural changes in the economy.
Objectives. The aim is to assess the impact of innovation component in the sectoral structure on the economic development of territories.
Methods. The study rests on methods of descriptive statistics, multidimensional classification, and regression analysis.
Results. The paper presents a comparative analysis of the share of innovative goods in the total volume of production in the regions of the Central Federal District in 2010 and 2016. When constructing a regression model of gross regional product per capita, I revealed strong impact of innovative product manufacturing on its growth.
Conclusions. The findings enable to supplement the information on specifics of sectoral development of regional economy and may be useful for regional innovation policy development.

Keywords: economic growth, structural shift, model


  1. Akindinova N.V., Chekina K.S., Yarkin A.M. [Measuring the Contribution of Demographic Change and Human Capital to Economic Growth in Russia]. Ekonomicheskii zhurnal VshE = HSE Economic Journal, 2017, vol. 21, no. 4, pp. 533–561. (In Russ.)
  2. Kuklina E.A., Fedorkov A.I. [The conceptual framework of economic development and the innovation-investment development of industry of Russia]. Vestnik Leningradskogo gosudarstvennogo universiteta im. A.S. Pushkina = Vestnik of Pushkin Leningrad State University, 2012, vol. 6, no. 1, pp. 7–17. URL: Link (In Russ.)
  3. Barro R., Lee J.-W. International Measures of Schooling Years and Schooling Quality. The American Economic Review, 1996, vol. 86, no. 2, pp. 218–223. URL: Link
  4. Hall R.E., Jones C.I. Why Do Some Countries Produce So Much More Output per Worker Than Others? The Quarterly Journal of Economics, 1999, vol. 114, iss. 1, pp. 83–116. URL: Link
  5. Ioda Yu.V., Suleimanova L.R. [Influence of technological structures on the innovative development of territories]. Sotsial'no-ekonomicheskie yavleniya i protsessy = Social and Economic Phenomena and Processes, 2015, vol. 10, no. 6, pp. 44–50. URL: Link (In Russ.)
  6. Sukhovei A.F., Golova I.M. [Substantiation of the Transformation of the Priorities of Innovation and Technological Development of Russian Regions in the Global Crisis]. Ekonomika regiona = Economy of Region, 2016, vol. 12, no. 3, pp. 911–923. URL: Link (In Russ.)
  7. Sukharev O.S. [Elementary mathematical description crisis and growth in the theory of cycle]. Zhurnal ekonomicheskoi teorii = Russian Journal of Economic Theory, 2013, no. 1, pp. 22–34. (In Russ.)
  8. Sukharev O.S. [Economic growth and technological changes: Global tendencies]. Vestnik Instituta ekonomiki Rossiiskoi akademii nauk = Bulletin of Institute of Economics of the Russian Academy of Sciences, 2015, no. 2, pp. 131–146. (In Russ.)
  9. Polishchuk E.A. [Kondratieff cycles, post-industrialism, the VI technological order: The interaction between the processes]. Sotsial'no-ekonomicheskoe upravlenie: teoriya i praktika = Social and Economic Management: Theory and Practice, 2017, no. 2, pp. 73–75. (In Russ.)
  10. Babich S.G. [Index analysis of differentiation of the Russian Federation regions on the basic indicators of innovation activity]. Statistika i ekonomika = Statistics and Economics, 2017, vol. 14, no. 2, pp. 3–13. URL: Link (In Russ.)
  11. Zhuravleva S.N., Sadovnikova N.A., Perchuk M.Yu. [Prospects of development of innovative activity]. Statistika i ekonomika = Statistics and Economics, 2017, vol. 14, no. 1, pp. 32–42. URL: Link (In Russ.)
  12. Kleiner G. [From the economy of individuals to systemic economy]. Voprosy Ekonomiki, 2017, no. 8, pp. 56–74. URL: Link (In Russ.)
  13. Sukharev O.S. [Developing a complex method to analyze structural changes in the national economy]. Natsional'nye interesy: prioritety i bezopasnost' = National Interests: Priorities and Security, 2013, no. 13, pp. 56–64. URL: Link (In Russ.)
  14. Litovchenko S.E., Shekhovtsov M.V., Kostrov S.A., Ivanova N.I. [Innovative business as a basis of accelerated growth of the economy of the Russian Federation]. Innovatsii = Innovations, 2006, no. 5, pp. 26–43. URL: Link (In Russ.)
  15. Burtsev D.S., Panyavina E.A. [Role of innovative products and technologies in development of sectors of economy]. Sotsial'no-ekonomicheskie yavleniya i protsessy = Socio-Economic Phenomena and Processes, 2014, vol. 9, no. 8, pp. 18–25. URL: Link (In Russ.)
  16. Zagidullina G.M., Sobolev E.A. [Technological modes, their role and significance in the innovative economy development in Russia]. Izvestiya Kazanskogo gosudarstvennogo arkhitekturno-stroitel'nogo universiteta, 2014, no. 4, pp. 348–355. (In Russ.) URL: Link
  17. Gaisin R.S. [The limit of the agricultural technological evolution and the ways of its overcoming]. Problemy sovremennoi ekonomiki = Problems of Modern Economics, 2014, no. 4, pp. 41–45. URL: Link (In Russ.)
  18. Murav'eva N.A., Kharitonova E.V. [Regional innovative development of AIC in modern conditions]. Sotsial'no-ekonomicheskie yavleniya i protsessy = Socio-Economic Phenomena and Processes, 2013, no. 1, pp. 131–135. URL: Link (In Russ.)

View all articles of issue


ISSN 2311-9438 (Online)
ISSN 2073-8005 (Print)

Journal current issue

Vol. 28, Iss. 3
September 2023