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Regional Economics: Theory and Practice
 

Regional aspects of reputation capital valuation: The Volga Federal District case study

Vol. 18, Iss. 8, AUGUST 2020

Received: 11 June 2020

Received in revised form: 29 June 2020

Accepted: 18 July 2020

Available online: 14 August 2020

Subject Heading: SUSTAINABLE DEVELOPMENT OF REGIONS

JEL Classification: R11

Pages: 1531–1547

https://doi.org/10.24891/re.18.8.1531

Grunichev A.S. Centre for Education and Methodics of Federal Antimonopoly Service of Russia, Kazan, Republic of Tatarstan, Russian Federation
emc@fas.gov.ru

https://orcid.org/0000-0002-4328-3560

El'shin L.A. Center for Advanced Economic Studies of Tatarstan Academy of Sciences, Kazan, Republic of Tatarstan, Russian Federation
Leonid.Elshin@tatar.ru

https://orcid.org/0000-0002-0763-6453

Abdukaeva A.A. Center for Advanced Economic Studies of Tatarstan Academy of Sciences, Kazan, Republic of Tatarstan, Russian Federation
Aliya.Abdukaeva@tatar.ru

https://orcid.org/0000-0003-1262-5588

Subject. This article deals with the tools of factor analysis of the reputation capital of the region.
Objectives. The article aims to make an explicit evaluation of the reputation capital of the regions based on the previously developed original methods and algorithms.
Methods. For the study, we used the index numbers analysis method.
Results. The article defines the values of the reputation capital index for the Volga Federal District regions. It offers a version of the implementation of the algorithm to quantify the reputation of the region. The use of factor analysis techniques makes it possible to determine the impact of regional reputation capital on the formation of its integral value.
Conclusions. The methodological approaches developed and the practical results derived from them should be used in the development of new models of economic growth in the context of the increased importance of intangible factors of production.

Keywords: reputation capital, factor analysis, economic growth, scenario modeling, intangible factors of production

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