Regional Economics: Theory and Practice

Impact of regional policies of special economic zones on their socio-economic development

Vol. 15, Iss. 8, AUGUST 2017

Received: 12 April 2017

Received in revised form: 28 April 2017

Accepted: 15 May 2017

Available online: 15 August 2017


JEL Classification: E61, O10, O40, R10, R12

Pages: 1455–1464

Troyanskaya M.A. Orenburg State University, Orenburg, Russian Federation

Tyurina Yu.G. Orenburg State University, Orenburg, Russian Federation

Subject The article deals with the issues of regional policies of special economic zones.
Objectives The article aims to examine the impact of regional policies of special economic zones on their socio-economic development.
Methods For the study, we used methods of logical and statistical analyses.
Results The paper identifies tax instruments that enable regional policies to be implemented in special economic zones that contribute to the socio-economic development, emphasizing the development of human capital as one of the priority areas for regional policy implementation in such zones. As well, the paper assesses the social impact of the establishment of special economic zones on the region.
Conclusions The creation of special economic zones is a very effective area for the development of the economies of individual territories and regions. The analysis reveals a significant increase in the major socio-economic indicators of the regions over the years, one of the causes of which is the formation of special economic zones.

Keywords: special economic zone, fiscal instruments, regional policies, socio-economic impact, human capital


  1. Vitul'eva T.A. [Essence and content of regional policy: theoretical aspects]. Vestnik Buryatskogo gosudarstvennogo universiteta = The BSU Bulletin, 2015, no. S2, pp. 71–75. URL: (In Russ.)
  2. Il'in A.Yu., Moiseenko M.A. [Free economic zones – areas of preferential taxation]. Finansovoe pravo = Financial Law, 2015, no. 8, pp. 20–25. (In Russ.)
  3. Parasotskaya N., Min'kovetskaya S. [Accounting and taxation in special economic zones]. RISK: Resursy, informatsiya, snabzhenie, konkurentsiya = RISK: Resources, Information, Supply, Competition, 2013, no. 2, pp. 295–301. (In Russ.)
  4. Shibanov V.E., Shneider O.A. [Taxes and free economic zones: Russian practice and China experience]. Vestnik Voronezhskogo gosudarstvennogo universiteta inzhenernykh tekhnologii = Proceedings of Voronezh State University of Engineering Technologies, 2016, no. 2, pp. 262–268. (In Russ.) doi: 10.20914/2310-1202-2016-2-262-268
  5. Evstaf'eva A.Kh. [Tax preferences and their role in the development of special economic zones]. Innovatsionnoe razvitie ekonomiki = Innovative Development of Economy, 2016, no. 4, pp. 194–197. (In Russ.)
  6. Madzhidova Z.K. [Legal taxation mechanism in special economic zones]. Evraziiskii yuridicheskii zhurnal = Eurasian Law Journal, 2015, no. 7, pp. 230–231. (In Russ.)
  7. Noskova K.A., Noskova S.V. [The influence of individual human capital formation of regional human capital]. Ekonomika i menedzhment innovatsionnykh tekhnologii, 2014, no. 11, pp. 119–124. (In Russ.) URL:
  8. Shumar M.S. [Requirements for human capital by training]. Strategii biznesa: analiz, prognoz, upravlenie, 2016, no. 11, pp. 20–23. (In Russ.) URL:
  9. Kamenetskii V.A. [The matter of human capital]. Izvestiya Moskovskogo gosudarstvennogo tekhnologicheskogo universiteta MAMI = Izvestiya MGTU MAMI, 2014, vol. 5, no. 2, pp. 31–35. URL: (In Russ.)
  10. Savel'ev A.V. [The system of human capital management in the region]. Ekonomika i predprinimatel'stvo = Journal of Economy and Entrepreneurship, 2015, no. 8-2, pp. 645–647. (In Russ.)
  11. Shelepina O.I. [Theoretical aspects of the importance of human capital development in the structure of factors for the development of the national economy]. Vestnik Bryanskogo gosudarstvennogo universiteta = The Bryansk State University Herald, 2009, no. 3, pp. 74–78. (In Russ.)
  12. Xuezheng Qin, Tianyu Wang, Castiel Chen Zhuang. Intergenerational Transfer of Human Capital and Its Impact on Income Mobility: Evidence from China. China Economic Review, 2016, vol. 38, pp. 306–321. doi: 10.1016/j.chieco.2014.10.005
  13. Yaqin Su, Zhiqiang Liu. The Impact of Foreign Direct Investment and Human Capital on Economic Growth: Evidence from Chinese Cities. China Economic Review, 2016, vol. 37, pp. 97–109. doi: 10.1016/j.chieco.2015.12.007
  14. Meles A., Porzio C., Sampagnaro G., Verdoliva V. The Impact of the Intellectual Capital Efficiency on Commercial Banks Performance: Evidence from the US. Journal of Multinational Financial Management, 2016, vol. 36, pp. 64–74. doi: 10.1016/j.mulfin.2016.04.003
  15. Giziene V., Simanaviciene Z. The Impact of Human Capital on Labour Market: Lithuanian Case. Procedia – Social and Behavioral Sciences, 2015, vol. 191, pp. 2437–2442. doi: 10.1016/j.sbspro.2015.04.331
  16. Kastryulina Yu.M. [Development of human capital as the strategic objective of building an innovative economy]. Nauchnyi zhurnal NIU ITMO. Ser. Ekonomika i ekologicheskii menedzhment = Scientific Journal NRU ITMO. Ser. Economics and Environmental Management, 2012, no. 2, pp. 166–174. (In Russ.)
  17. Betugan I.M. [Free Economic Zones: international experience]. Vestnik Finansovogo universiteta = Bulletin of Financial University, 1999, no. 2, pp. 88–97. (In Russ.)
  18. Zimenkov R.I. [Free economic zones in the United States]. SShA i Kanada: ekonomika, politika, kul'tura = USA v Canada: Economics – Politics – Culture, 2005, no. 11, pp. 24–38. (In Russ.)
  19. Zimenkov R.I. [Free economic zones in Japan]. Rossiiskii vneshneekonomicheskii vestnik = Russian Foreign Economic Bulletin, 2006, no. 4, pp. 15–19. (In Russ.)
  20. Maslikhina V.Yu. [Special economic zones as an instrument of territorial development]. Novyi universitet. Ser. Ekonomika i pravo = New University. Economics and Law, 2016, no. 3, pp. 20–25. (In Russ.)

View all articles of issue


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

Journal current issue

Vol. 16, Iss. 6
June 2018