National Interests: Priorities and Security

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National Interests: Priorities and Security

28(169) - 2012 July

Identifying factors of economic growth in the region of dominant economic activities (on example, the Kursk region)

Vol. 8, Iss. 28, JULY 2012

Available online: 31 July 2012

Subject Heading: Priorities of Russia

JEL Classification:

Osinevich L.M. PhD in Economics, Associate Professor of department "Statistics", the All-Russian Correspondence Financial and Economic Institute
llm176@mail.ru

Dremova L.A. PhD in Economics, Associate Professor of department "Business Economics and Business", the All-Russian Correspondence Financial and Economic Institute
main.kursk@vzfei.ru

Zaretsky V.G. PhD in Economics, Associate Professor of department "Financial Management", the All-Russian Correspondence Financial and Economic Institute
zar.59@mail.ru

On the basis of the analysis of economic features of the Kursk area in a context of the forthcoming modernization dominating types of economic activity are revealed. On them decomposition of factors of growth by means of production function is carried out. The directions of modernization of economy of the region are offered. It is noted that transition to innovative model of growth needs structural maneuver in the direction of increase in investment and innovative budget expenses on development of the human capital.

Keywords: modernization of the economy, innovation, gross regional product, investment, economic growth, the production function

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ISSN 2311-875X (Online)
ISSN 2073-2872 (Print)

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