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Regional Economics: Theory and Practice
 

A factor analysis of digitalization impact on the region's inclusive growth

Vol. 20, Iss. 5, MAY 2022

Received: 28 October 2021

Received in revised form: 13 January 2022

Accepted: 29 March 2022

Available online: 16 May 2022

Subject Heading: REGIONAL STRATEGIC PLANNING

JEL Classification: R11, R13

Pages: 904–919

https://doi.org/10.24891/re.20.5.904

Rafis T. BURGANOV Volga Region State University of Physical Culture, Sport and Tourism (Volga Region GUFKSIT University), Kazan, Republic of Tatarstan, Russian Federation
c.p@tatar.ru

https://orcid.org/0000-0002-8943-0781

Marat R. GAFAROV Center for Advanced Economic Studies of Tatarstan Academy of Sciences, Kazan, Republic of Tatarstan, Russian Federation
Gafarov_M_R@mail.ru

ORCID id: not available

Leonid A. EL'SHIN Kazan (Volga Region) Federal University (KFU), Kazan, Republic of Tatarstan, Russian Federation
Leonid.Elshin@tatar.ru

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

Subject. This article explores the relationship between the digital transformation of the region and the prospects for its inclusive economic growth.
Objectives. The article aims to develop and test the tools for diagnosing an inclusive model of development of regional socio-economic systems in the context of digitalization.
Methods. For the study, we used the methods of indicative analysis and descriptive and explicit evaluation.
Results. The article presents the author-developed dynamic time series of the studied indicators for the period from 2016 to 2020 and an assessment of the qualitative and quantitative parameters of the digital transformation and inclusive development of the Volga Federal District regions. It reveals that the digital transformation of the region has the greatest impact on the parameter Growth and Development.
Conclusions. The developed approach should be used to assess the current and future parameters of the development of regional socio-economic systems.

Keywords: inclusive growth, digital transformation, quality of living, balanced sustainability

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