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Regional Economics: Theory and Practice
 

The position of the construction materials industry in the project of the mountain area economic framework of Kabardino-Balkaria

Vol. 18, Iss. 12, DECEMBER 2020

Received: 2 November 2020

Received in revised form: 9 November 2020

Accepted: 15 November 2020

Available online: 15 December 2020

Subject Heading: SUSTAINABLE DEVELOPMENT OF REGIONS

JEL Classification: Q32, Q57

Pages: 2319–2333

https://doi.org/10.24891/re.18.12.2319

Kalov R.O. Kabardino-Balkarian State Agricultural University named after V.M. Kokov (Kabardino-Balkarian SAU), Nalchik, Kabardino-Balkarian Republic, Russian Federation
calov.r@yandex.ru

ORCID id: not available

Toguzaev T.Kh. Kabardino-Balkarian State Agricultural University named after V.M. Kokov (Kabardino-Balkarian SAU), Nalchik, Kabardino-Balkarian Republic, Russian Federation
tahir07@mail.ru

ORCID id: not available

Subject. This article discusses the prospects for the development of construction materials deposit mining in the mountain area of the Kabardino-Balkarian Republic.
Objectives. The article aims to identify and evaluate construction raw materials deposits on the balance sheet.
Methods. For the study, we used statistical, predictive, and logical analyses, and the marginal costs and field research methods.
Results. Based on the marginal and predicted individual cost methods, the article ranks raw materials sources for the feasibility and consistency of their involvement in operation.
Conclusions. The article speaks about the feasibility of creating intra-valley complex production and raw materials hubs based on the processing of balance sheet reserves of construction raw materials for each mountain valley. In the medium term, production and raw materials hubs can become the supporting structural elements of the ecological and economic framework of the Republic's mountain area.

Keywords: marginal costs, individual cost price, production and raw materials hub, depressed area, dedicated production links

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