Subject. The article addresses differentiation of Russian regions from the point of view of economic stability, problems of adaptation of the economy to changes in the external environment. Objectives. The study aims at developing an approach to assessing the factor of diversification of region's economy, formalizing the category of "regional economic stability", substantiating the relationship between diversification and resilience of Russian regions to external shocks. Methods. The study employs methods of economic and mathematical modeling, graphic and cartographic methods. Results. The paper established that the higher the Herfindahl- Hirschman index, which assesses the degree of diversification of the regional economy, the lower the regional economic stability. Conclusions. Diversification of regional economy is a factor that enables to increase the level of its stability.
Simmie J., Martin R. The Economic Resilience of Regions: Towards an Evolutionary Approach. Cambridge Journal of Regions, Economy and Society, 2010, vol. 3, iss. 1, pp. 27–43. URL: Link
Holling C.S. Resilience and Stability of Ecological Systems. Annual Review of Ecology, Evolution, and Systematics, 1973, vol. 4, pp. 1–23. URL: Link
Holling C.S. Engineering Resilience versus Ecological Resilience. In: Schulze P.E. (ed) Engineering within Ecological Constraints. Washington DC, National Academy Press, 1996, pp. 31–43.
Davoudi S. Just Resilience. City & Community, 2018, vol. 17, iss. 1, pp. 3–7. URL: Link
Davoudi S., Shaw K., Haider L.J. et al. Resilience: A Bridging Concept or a Dead End? “Reframing” Resilience: Challenges for Planning Theory and Practice. Interacting Traps: Resilience Assessment of a Pasture Management System in Northern Afghanistan. Urban Resilience: What Does it Mean in Planning Practice? Resilience as a Useful Concept for Climate Change Adaptation? The Politics of Resilience for Planning: A Cautionary Note. Planning Theory & Practice, 2012, vol. 13, iss. 2, pp. 299–333. URL: Link
Sutton J., Arku G. Regional Economic Resilience: Towards a System Approach. Regional Studies, Regional Science, 2022, vol. 9, iss. 1, pp. 497–512. URL: Link
Doran J., Fingleton B. US Metropolitan Area Resilience: Insights from Dynamic Spatial Panel Estimation. Environment and Planning A: Economy and Space, 2018, vol. 50, iss. 1, pp. 111–132. URL: Link
Nyström K. Regional Resilience to Displacements. Regional Studies, 2017, vol. 52, iss. 1, pp. 4–22. URL: Link
Zyuzin A.V., Demidova O.A., Dolgopyatova T.G. [Localization and diversification of Russian economy: Regions’ and industries’ peculiarities]. Prostranstvennaya Ekonomika = Spatial Economics, 2020, vol. 16, no. 2, pp. 39–69. (In Russ.) URL: Link
Romer P.S. Increasing Returns and Long-Run Growth. The Journal of Political Economy, 1986, vol. 94, no. 5, pp. 1002–1037. URL: Link
Jacobs J. The Economy of Cities. New York, Random House, 1969, 268 p.
De Groot H.L.F., Poot J., Smit M.J. Which Agglomeration Externalities Matter Most and Why? Journal of Economic Surveys, 2016, vol. 30, iss. 4, pp. 756–782. URL: Link
Rothgang M., Cantner U., Dehio J. et al. Cluster Policy: Insights from the German Leading Edge Cluster Competition. Journal of Open Innovation: Technology, Market, and Complexity, 2017, vol. 3, iss. 3, pp. 1–20. URL: Link
Gamidullaeva L., Korostyshevskaya E., Myamlin A., Podkorytova O. Exploring Regional Industrial Growth: Does Specialization Explain It? Economies, 2022, vol. 10, iss. 7. URL: Link
Mankiw N.G., Romer G., Weil D.N. A Contribution to the Empirics of Economic Growth. The Quarterly Journal of Economics, 1992, vol. 107, pp. 407–437. URL: Link
Dan H., Miao P., Qureshi N.A. Can Industrial Diversification Help Strengthen Regional Economic Resilience? Frontiers in Environmental Science, 2022, vol. 10. URL: Link
Mikheeva N.N. Diversification of Regional Economic Structure as Growth Strategy: Pros and Cons. Regional Research of Russia, 2017, vol. 7, iss. 4, pp. 303–310. URL: Link
Andersson M., Larsson J.P., Wernberg J. The Economic Microgeography of Diversity and Specialization Externalities – Firm-level Evidence from Swedish Cities. Research Policy, 2019, vol. 48, iss. 6, pp. 1385–1398. URL: Link
Martin R., Sunley P., Gardiner B., Tyler P. How Regions React to Recessions: Resilience and the Role of Economic Structure. Regional Studies, 2016, vol. 50, iss. 4, pp. 561–585. URL: Link
Petrakos G., Psycharis Ya. The Spatial Aspects of Economic Crisis in Greece. Cambridge Journal of Regions, Economy and Society, 2016, vol. 9, iss. 1, pp. 137–152. URL: Link
Zhang M., Wu Q., Li W. et al. Intensifier of Urban Economic Resilience: Specialized or Diversified Agglomeration? PLOS ONE, 2021, vol. 16, iss. 11. URL: Link
Xu Y., Deng H. Diversification, Innovation Capability and Urban Economic Resilience. Economics Perspectives, 2020, no. 8, pp. 88–104.
Tan J., Hu X., Hassink R., Ni J. Industrial Structure or Agency: What Affects Regional Economic Resilience? Evidence from Resource-based Cities in China. Cities, 2020, vol. 106. URL: Link
Jiang J., Zhang X., Huang C. Influence of Population Agglomeration on Urban Economic Resilience in China. Sustainability, 2022, vol. 14. URL: Link
