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Regional Economics: Theory and Practice
 

Structural policy priorities: A regional dimension

Vol. 19, Iss. 4, APRIL 2021

Received: 14 December 2020

Received in revised form: 24 January 2021

Accepted: 25 February 2021

Available online: 15 April 2021

Subject Heading: THEORY OF REGIONAL ECONOMY

JEL Classification: R11, R19, R58

Pages: 600–622

https://doi.org/10.24891/re.19.4.600

Konstantin V. KRINICHANSKII Financial University under Government of Russian Federation, Moscow, Russian Federation
kkrin@ya.ru

https://orcid.org/0000-0002-1225-7263

Aleksei S. LAVRENT'EV South Ural State University (National Research University) (SUSU (NRU), Chelyabinsk, Russian Federation
allavr@yandex.ru

https://orcid.org/0000-0001-8843-9234

Subject. This article develops an algorithm to identify priorities in the structural policy of regions and countries.
Objectives. The article aims to develop and test a methodological approach to identifying the priorities of the structural policy of the Russian region.
Methods. For the study, we used the k-means and geographical filtration methods.
Results. The article proposes an approach to identifying the priorities of regional structural policy based on the benchmark methodology. Testing the approach in the Chelyabinsk Oblast helped define the priority areas of structural policy, which are the business environment, healthcare, innovation and technological readiness. The article offers certain recommendations to improve the situation in these areas.
Conclusions. Identifying and ranking the problems of socio-economic development is important for the regional policy goal-setting, regional development strategy adjustments, and the design of a structural reform package.

Keywords: socio-economic development, Russian regions, economic policy, structural policy, benchmarking

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