Home  Journals  Regional Economics: Theory and Practice  12(495) - 2021 December

Formation of interregional clusters on the basis of industry specialization of the area

Received: 16 September 2021

Received in revised form: 23 October 2021

Accepted: 9 November 2021

Available online: 14 December 2021

Subject Heading: SUSTAINABLE DEVELOPMENT OF REGIONS

JEL Classification: P25, R11, R12, R13

Pages: 2308–2324

https://doi.org/10.24891/re.19.12.2308

Subject. This article explores the socioeconomic relations that arise in the process of formation of interregional clusters.
Objectives. The article aims to explore industry specialization and clustering within the territory of the Central Black Earth macroregion.
Methods. For the study, I used analysis and synthesis, induction and deduction, and the empirical method.
Results. Based on the analysis of the industry specialization of the Central Black Earth macroregion’s economy, the article shows the economic and social effects of the implementation of interregional agreements. It proposes to create a chemical and pharmaceutical cluster of the medical industry in this economic region.
Conclusions. The chemical and pharmaceutical cluster is of great importance under present-day conditions. It is a driver to boost employment and improve the quality of life of the population.

Keywords: economy, macroregion, interregional development, industry specialization, clusters

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