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Region: Economics and Sociology

2012 year, number 3

Accelerated socio-economic development in the Russian regions: factors and mechanisms

L.I. Vlasyuk, S.A. Syspitsin, A.G. Shelomentsev
Keywords: multiregional systems, economic growth, regional policy, Siberia, Russian Far East, Ural
Pages: 34-57

Abstract

The paper presents the authors' techniques and analysis of how GRP dynamics depends on key factors of economic growth in different RF regions. We identified the conditions, challenges, and limitations (such as macro-structural and resource limitations, socio-economic challenges, and effectiveness) which impact the development in the regions of the Russian Far East. For the regions of Siberia and Ural, we made a cluster analysis based on the levels of development of primary and secondary sectors of the economy. We also can state that there is a negative correlation between the regional resource development and regional capital productivity growth.