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Regional Economics: Theory and Practice
 

Rating assessment of the sustainable development potential of the Northern resource-type regions' extractive industry: Methodological approaches

Vol. 20, Iss. 10, OCTOBER 2022

Received: 5 May 2022

Received in revised form: 2 July 2022

Accepted: 29 August 2022

Available online: 14 October 2022

Subject Heading: SUSTAINABLE DEVELOPMENT OF REGIONS

JEL Classification: C45, Q1, R11, R12, R13

Pages: 1879–1901

https://doi.org/10.24891/re.20.10.1879

Valentina V. NIKIFOROVA Scientific-Research Institute of Regional Economy of the North, North-Eastern Federal University named after M.K. Ammosov, Yakutsk, Republic of Sakha (Yakutia), Russian Federation
nikvalentina2010@yandex.ru

https://orcid.org/0000-0002-8189-2228

Subject. This article discusses the problems of sustainable development of the mining industry location regions.
Objectives. The article aims to develop tools for assessing the potential for the development of the extractive industry and analyzing the development of the Northern regions of Russia.
Methods. For the study, I used a comparative analysis and grouping.
Results. The article proposes a methodological approach that helps conduct a comparative analysis of the potential and competitiveness of regions based on a quantitative assessment of various objects and production processes. It also finds that formalized trends determine the functional dependencies of potentials on various endogenous and exogenous factors.
Conclusions. The Western oil and gas producing regions have the most sustainable capacity of the extractive industry, the Eastern ones have the least sustainable capacity.

Keywords: mining industry, northern resource-type region, sustainable development, methodology, rating score

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