Economic Analysis: Theory and Practice
 

Living standards in administrative centers of constituent entities of the Russian Federation: The Far Eastern Federal District case study

Vol. 17, Iss. 11, NOVEMBER 2018

Received: 31 May 2018

Received in revised form: 20 July 2018

Accepted: 29 August 2018

Available online: 29 November 2018

Subject Heading: ANALYSIS OF HUMAN CAPITAL

JEL Classification: E24, E31, I31, J11

Pages: 2091–2106

https://doi.org/10.24891/ea.17.11.2091

Kadomtseva S.V. Lomonosov Moscow State University (MSU), Moscow, Russian Federation
skadomtseva@mail.ru

ORCID id: not available

Pivkina N.Yu. Lomonosov Moscow State University (MSU), Moscow, Russian Federation
natasha.pivkina@mail.ru

ORCID id: not available

Subject The article deals with the assessment of living standards in administrative centers of the Far Eastern Federal District.
Objectives The purpose is to analyze people's quality of life on the basis of socio-economic indicators of cities, like population size, birth and death rates, external and internal migration, population income, unemployment and inflation rate, poverty rate, price index, and compare them with similar indicators of the Far Eastern Federal District and Russia in general, and to identify factors affecting the human well-being.
Methods The paper employs a method of statistical analysis, elements of comparative analysis and graphical interpretation of statistical data.
Results We unveil regional socio-economic aspects of administrative centers of the Far Eastern Federal District that are typical for the entire region, i.e. deterioration of demographic indicators and uneven development of territories. A serious obstacle to sustainable development of the territory is a shortage of qualified personnel. Negative migration balance offsets positive population growth. High level of unemployment indicates an increase in the structural imbalance between supply and demand in the labor market caused by the discrepancy between the professional and qualification characteristics of job seekers and open vacancies.
Conclusions Material incentives are not enough to retain qualified manpower. The development of regional centers with an increase in the number of permanent residents is possible with the creation of appropriate economic and social environment.

Keywords: life quality, living standards, administrative center, regional economy, human potential

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