Regional Economics: Theory and Practice

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The efficiency of public resource management in industry-based industrial markets

Vol. 17, Iss. 7, JULY 2019

Received: 13 December 2018

Received in revised form: 13 May 2019

Accepted: 10 June 2019

Available online: 15 July 2019


JEL Classification: L52, L60

Pages: 1267–1285

Mekhrentsev A.V. Ural State Forest Engineering University (USFEU), Yekaterinburg, Russian Federation

ORCID id: not available

Starikov E.N. Ural State Forest Engineering University (USFEU), Yekaterinburg, Russian Federation

ORCID id: not available

Mezentseva E.S. Institute of Economics, Ural Branch of RAS, Yekaterinburg, Russian Federation

ORCID id: not available

Subject This article deals with the issues of public resource management of the industrial markets' development and assessment of management effectiveness.
Objectives The article aims to develop a theoretical and methodological basis for researching the transformation of public resource management mechanisms and review public resources allocated to the development of industrial markets.
Methods For the study, we used the methods of systems, logical, structural, and comparative analyses, and statistical methods.
Results The article identifies the key trends in the development of modern industry and highlights the main socio-economic effects in the region, arising as a result of the management of the industry markets' development.
Conclusions The development of industrial markets in Russia is constrained by problems, some of which can be solved by transforming the mechanisms for managing public resources allocated to industrial development.

Keywords: industrial markets, industry, public resources, region


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