Regional Economics: Theory and Practice

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The forest sector of the Krasnoyarsk Krai: Major development trends and prospects

Vol. 15, Iss. 1, JANUARY 2017

PDF  Article PDF Version

Received: 15 June 2016

Received in revised form: 29 June 2016

Accepted: 5 July 2016

Available online: 17 January 2017


JEL Classification: L73, Q23, R11

Pages: 4-18

Gordeev R.V. Siberian Federal University, Krasnoyarsk, Russian Federation

Pyzhev A.I. Siberian Federal University, Krasnoyarsk, Russian Federation

Zander E.V. Siberian Federal University, Krasnoyarsk, Russian Federation

Importance The article analyzes the current state of the timber processing complex of the Krasnoyarsk Krai in terms of production of wood products, foreign trade, employment, and the implementation of investment projects in the industry.
Objectives The study aims to analyze the current situation of the forest industry of the Krasnoyarsk Krai, and identify the main problems and possible directions of further development of the industry.
Methods For the study, we used the methods of comparative and spatial analyses at the macroeconomic level, using official statistics.
Results We have identified the main obstacles to the sustainable development of the industry in the Krai: the inefficiency of public investments, large volumes of illegal logging, undeveloped forestry infrastructure, the lack of a comprehensive assessment of the competitiveness of the Krai's forestry. We offer certain proposals to improve the regional forest policy in the medium and long term.
Conclusions The Krasnoyarsk Krai is undoubtedly one of the leaders amongst Russian regions in the forest industry by a number of indicators. The Krai has a great potential for further development of the forest industry, including the production of products with high added value.

Keywords: timber industry complex, regional economy, investment, production, trade


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