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Regional Economics: Theory and Practice
 

Study of the dynamics of the development of the Russian regions' real sector

Vol. 12, Iss. 41, NOVEMBER 2014

Available online: 2 November 2014

Subject Heading: Region development strategy

JEL Classification: 

Pages: 47-60

Kolchinskaya E.E. National Research University - Higher School of Economics, International Centre for Social and Economic Research - Leontief Centre, St. Petersburg, Russian Federation
ekolchinskaya@hse.ru

Kalishenko A.L. National Research University - Higher School of Economics, St. Petersburg, Russian Federation
annakalishenko@gmail.com

Lementa I.M. National Research University - Higher School of Economics, St. Petersburg, Russian Federation
midiru93@mail.ru

Importance Differentiation of regions on economic and social development is one of the serious problems of management in the Russian Federation. Identification of the causes and manifestations of such differences will give researchers and public authorities the necessary information in their work. Therefore, a comparison of the results of the work of the real sector in various regions of the Russian Federation appears to be topical themes.
     Objectives The purpose of the study is to explain the causes and consequences of the similarities and differences between the regions of the Russian Federation on selected socio-economic characteristics. The objectives of the study are as follows: calculation of integral indicators of the real sector in dynamics for the period from 2005 to 2012; a grouping of regions of the Russian Federation on the criterion of assessment of their real sectors of the economy; comparing the results with other socio-economic characteristics of the Russian regions; the explanation of the causes and consequences of the development of the real sector of the economy in the regions.
     Methods The article shows the calculation of the integral indicators of work of the real sector of the economy of the regions based on the linear combination of the individual criteria. To identify the impact of individual sectors on the real sector of the economy, we used a regressive analysis.
     Results After calculation, the regions of the Russian Federation were divided into several groups on the dynamics of the integral values of the real sector of the economy. A comparison of these data with other indicators of socio-economic development has shown that the regions that do not produce real goods and services, do not demonstrate a high level of socio-economic development. Another trend identified is the observation that regions-leaders in the real sector of economy are of relatively low population density.
     Conclusions and Relevance The article concludes that the proposed approach to assess the dynamics of the real sector of the economy in the region can be used by scientists, researchers, and governments at various levels.

Keywords: real economy, region, level, socio-economic development

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