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Regional Economics: Theory and Practice

The role of public-private partnership in the development of the Russian Regions' infrastructure

Vol. 20, Iss. 6, JUNE 2022

PDF  Article PDF Version

Received: 4 April 2022

Received in revised form: 26 April 2022

Accepted: 12 May 2022

Available online: 15 June 2022


JEL Classification: C38, D02, Y10

Pages: 1118–1142


Svetlana V. PANIKAROVA Institute of Economics and Management, Ural Federal University named after the First President of Russia B.N. Yeltsin (UrFU), Yekaterinburg, Russian Federation

ORCID id: not available

Mikhail L. KUKLINOV Institute of Economics and Management, Ural Federal University named after the First President of Russia B.N. Yeltsin (UrFU), Yekaterinburg, Russian Federation


Vladimir V. YUGOV Ural State Forest Engineering University (USFEU), Yekaterinburg, Russian Federation

ORCID id: not available

Subject. This article discusses the importance of infrastructure investment for the socio-economic development of the regions of Russia.
Objectives. The article aims to analyze the regional investment policy from the perspective of the development of public-private partnership.
Methods. For the study, we used a cluster analysis.
Results. The article proposes a typology of the subjects of the Russian Federation, using indicators related to investments in infrastructure and development of public-private partnerships. The article finds that the possibilities of public-private partnership as a mechanism are not fully used, which is due to institutional factors and limited access to financial resources.
Conclusions. The creation of specialized competence centers and development of public-private partnership institutions will contribute to the formation of a more effective investment policy in the regions of Russia.

Keywords: public-private partnership, regional infrastructure, investment, cluster


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