+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Regional Economics: Theory and Practice
 

Transformation of economic indicators of the construction industry of the Northwestern region of the Russian Federation

Vol. 20, Iss. 6, JUNE 2022

Received: 3 March 2022

Received in revised form: 11 April 2022

Accepted: 29 April 2022

Available online: 15 June 2022

Subject Heading: SPATIAL ECONOMICS

JEL Classification: C51, L74, R11

Pages: 1020–1051

https://doi.org/10.24891/re.20.6.1020

Anastasiya V. FEDOROVA Karelian Research Centre of the Russian Academy of Sciences (KarRC RAS), Petrozavodsk, Republic of Karelia, Russian Federation
annastasia.vi@mail.ru

ORCID id: not available

Subject. This article deals with the issues related to the economic development of the Northwestern region of Russia.
Objectives. The article aims to analyze the changes in economic indicators of the construction industry of the Northwestern Federal District of the Russian Federation.
Methods. For the study, I used retrospective, statistical, correlation and regression analyses.
Results. The article finds that labor productivity is a factor that has a key impact on the change in the growth rate of the construction industry.
Conclusions and Relevance. The article concludes that a high differentiation of economic growth rates in the construction industry is being observed in the Northwestern Federal District. The results of the study can be used by the authorities in the development of programs for strategic planning of the region's economy.

Keywords: gross regional product, economic growth, differentiation, construction economics, regression model

References:

  1. Ivchenko Yu.S. [Determination of the main factors of the gross regional product level by econometric modeling methods for the totality of regions of the Russian Federation]. Statistika i Ekonomika = Statistics and Economics, 2019, vol. 16, iss. 6, pp. 4–18. (In Russ.) URL: Link
  2. Nana G.C., Larue B., Gervais J.-Ph. Regional Integration and Dynamic Adjustments: Evidence from Gross National Product Functions for Canada and the United States. The North American Journal of Economics and Finance, 2012, vol. 23, iss. 2, pp. 246–264. URL: Link
  3. Liang L.-N., Siu W.S., Wang M.-X., Zhou G.-J. Measuring Gross Ecosystem Product of Nine Cities within the Pearl River Delta of China. Environmental Challenges, 2021, vol. 4. URL: Link
  4. Inekwe J.N. Finance and European Regional Economy. International Review of Financial Analysis, 2021, vol. 78. URL: Link
  5. Prokop'ev A.V., Prokop'eva T.V. [Assessment of the correlation level between the gross regional product and the volume of fixed investments by Russian regions]. Obshchestvo: politika, ekonomika, pravo = Society: Politics, Economics, Law, 2021, no. 12, pp. 63–73. URL: Link (In Russ.)
  6. Golovchanskii I.A., Tarenko D.S. [Social and economic differentiation of the subjects of the Russian Federation: dependence of the gross regional product per capita and budget revenues of the subjects of the Russian Federation]. Upravlencheskie nauki v sovremennom mire, 2018, vol. 2, iss. 1, pp. 194–197. (In Russ.)
  7. Bondarenko N.A., Syupova M.S. [The influence of the regional economic development level on the income differentiation of the population]. Vestnik Tikhookeanskogo gosudarstvennogo universiteta, 2018, no. 1, pp. 89–98. URL: Link (In Russ.)
  8. Berezovskaya A.G., Koritsky A.V. [Assessment of the impact of workers' education in the regions of Russia on volumes of production of gross regional product]. Mir ekonomiki i upravleniya = World of Economics and Management, 2018, vol. 18, no. 3, pp. 42–54. (In Russ.) URL: Link
  9. Pankova S.V., Tsypin A.P. [Modeling the influence of socio-economic factors on gross regional product]. Ekonomicheskii analiz: teoriya i praktika = Economic Analysis: Theory and Practice, 2015, vol. 14, iss. 45, pp. 2–14. URL: Link (In Russ.)
  10. Eskerova T.A., Yakovleva K.O., Guseva Yu.V., Sumarokova K.A. [Analysis of dynamics and structure of gross regional product of Arctic regions in the Russian Federation]. Ekonomika i biznes: teoriya i praktika = Journal of Economy and Business, 2018, no. 9, pp. 225–228. (In Russ.) URL: Link
  11. Nikolaev M.A. [Factors of economic growth of the Northwestern regions]. Regional'naya ekonomika: teoriya i praktika = Regional Economics: Theory and Practice, 2012, vol. 10, iss. 13, pp. 50–58. URL: Link (In Russ.)
  12. Minin I.L. [Study of structural changes in industry development in the Northwestern Federal District]. Izvestiya Mezhdunarodnoi akademii agrarnogo obrazovaniya = Izvestia MAAO, 2020, no. 48, pp. 79–82. URL: Link (In Russ.)
  13. Fedorov G.M. [Evaluation of GRP change in the exclave Russian region on the Baltic (1995–2016)]. Vestnik Baltiiskogo federal'nogo universiteta im. I. Kanta. Seriya: Gumanitarnye i obshchestvennye nauki = IKBFU's Vestnik. Humanities and Social Science, 2018, no. 4, pp. 32–42. URL: Link (In Russ.)
  14. Kolechkov D.V. [Cluster approach in assessment by spatial differentiations of Russia on the level of gross regional product]. Korporativnoe upravlenie i innovatsionnoe razvitie ekonomiki Severa: Vestnik Nauchno-issledovatel'skogo tsentra korporativnogo prava, upravleniya i venchurnogo investirovaniya Syktyvkarskogo gosudarstvennogo universiteta = Corporate Governance and Innovative Economic Development of the North: Bulletin of Research Center of Corporate Law, Management and Venture Capital of Syktyvkar State University, 2019, no. 1, pp. 112–123. (In Russ.) URL: Link
  15. Ibragimov N.M., Dushenin A.I. [Uneven development of spatial economy of the Russian Federation and differentiation of growth factors]. Mir ekonomiki i upravleniya, 2021, vol. 21, no. 2, pp. 5–29. (In Russ.) URL: Link
  16. Kolesnikov N.G., Tolstoguzov O.V. [Structural changes in the economy of the Russian Northwest: Spatial dimension]. Baltiiskii region = The Baltic Region, 2016, vol. 8, no. 2, pp. 30–47. (In Russ.) URL: Link

View all articles of issue

 

ISSN 2311-8733 (Online)
ISSN 2073-1477 (Print)

Journal current issue

Vol. 20, Iss. 6
June 2022

Archive