Regional Economics: Theory and Practice
 

Abstracting and Indexing

РИНЦ
Referativny Zhurnal VINITI RAS
Worldcat
LCCN Permalink
Google Scholar

Online available

EBSCOhost
Eastview
Elibrary
Biblioclub

Archiving

Cyberleninka (12 month OA embargo)

Structural changes and the region's economic growth

Vol. 17, Iss. 9, SEPTEMBER 2019

Received: 22 April 2019

Received in revised form: 19 June 2019

Accepted: 3 July 2019

Available online: 16 September 2019

Subject Heading: SPATIAL ECONOMICS

JEL Classification: E01, O11, O47

Pages: 1610–1624

https://doi.org/10.24891/re.17.9.1610

Zaretskaya V.G. Financial University under Government of Russian Federation, Kursk Branch, Kursk, Russian Federation
zar.59@mail.ru

ORCID id: not available

Tokareva K.V. Financial University under Government of Russian Federation, Kursk Branch, Kursk, Russian Federation
kristina.tokareva11@gmail.com

ORCID id: not available

Subject This article discusses the structural changes in the economies of the regions and their impact on economic growth.
Objectives The article aims to test the hypothesis that a higher level of gross regional product per capita should be observed in regions with more intense changes in the structure of gross value added between individual economic activities.
Methods For the study, we applied the methods of econometric analysis, using the Ryabtsev index.
Results The article presents certain results of measurements of structural changes in the economy of the regions of the Russian Federation from 2004 to 2016. Most regions show low levels of structural changes. The study shows that there is a moderate degree of relationship between the level of gross regional product per capita and the degree of structural changes in the region's economy over the past 13 years.
Conclusions and Relevance Regions with a greater degree of structural changes in the ratio of economic activities have a higher per capita gross regional product. The results of the study can be used in forecasting economic growth and evolving a development strategy for the region.

Keywords: structural changes, economic growth, gross regional product, Ryabtsev index

References:

  1. Larionov A.O., Barabanov A.S. [Regional industry diversification: the methodological aspect]. Ekonomika i predprinimatel'stvo = Journal of Economy and Entrepreneurship, 2013, no. 8, pp. 136–139. (In Russ.)
  2. Drozdova M.I. [Diversification as part of innovative strategies]. Kazanskaya nauka = Kazan Science, 2013, no. 11, pp. 112–114. URL: Link (In Russ.)
  3. Makhnushina V.N., Shinkevich A.N. [Evolution of the concept of diversification in economic thought]. Vestnik Voronezhskogo gosudarstvennogo universiteta. Seriya: Ekonomika i upravlenie = Proceedings of Voronezh State University. Series: Economics and Management, 2014, no. 3, pp. 5–9. URL: Link (In Russ.)
  4. Kiseleva O.V., Lezhankin G.K. [Selection of the industries most attractive for region development based of calculation of localization coefficients (on the example of Ulyanovsk region)]. Biznes. Obrazovanie. Pravo. Vestnik Volgogradskogo instituta biznesa = Business. Education. Law. Bulletin of Volgograd Business Institute, 2014, no. 3, pp. 136–138. URL: Link (In Russ.)
  5. Porter M.E. Competitive Advantage. Creating and Sustaining Superior Performance. New York, Free Press, 1985, 557 p.
  6. Shamraeva S.A. [Analysis of efficiency of corporate diversification on the Russian market: an empirical study]. Vestnik Finansovoi akademii = Vestnik of the Finance Academy, 2009, no. 1, pp. 37–43. URL: Link (In Russ.)
  7. Lang L.H.P., Stulz R.M. Tobin's q Corporate Diversification, and Firm Performance. Journal of Political Economy, 1994, vol. 102, no. 6, pp. 1248–1280. URL: Link
  8. Berger P.G., Ofek E. Diversification's Effect on Firm Value. Journal of Financial Economics, 1995, vol. 37, iss. 1, pp. 39–65. URL: Link00798-6
  9. Comment R., Jarrel G.A. Corporate Focus and Stock Returns. Journal of Financial Economics, 1995, vol. 37, iss. 1, pp. 67–87. URL: Link00777-X
  10. Lins K., Servaes H. International Evidence on the Value of Corporate Diversification. The Journal of Finance, 1999, vol. 54, iss. 6, pp. 2215–2239. URL: Link
  11. Khanna T., Palepu K. Why Focused Strategies May Be Wrong for Emerging Markets. Harvard Business Review, 1997, vol. 75, iss. 4, pp. 41–51. URL: Link
  12. Khanna T., Palepu K.G. Is Group Affiliation Profitable in Emerging Markets? An Analysis of Diversified Indian Business Groups. The Journal of Finance, 2000, vol. 55, iss. 2, pp. 867–889. URL: Link
  13. Ivashkovskaya I.V., Shamraeva S.A., Gregoriadi E.E. [An empirical analysis of efficiency of corporate diversification in emerging markets: evidence from BRIC countries]. Ekonomicheskii zhurnal Vysshei shkoly ekonomiki = Higher School of Economics Economic Journal, 2009, vol. 13, no. 3, pp. 360–382. URL: Link (In Russ.)
  14. Zaretskaya V.G., Titkova I.K. [Diversification of the economy in Russia's regions: Measurement and trends]. Natsional'nye interesy: prioritety i bezopasnost' = National Interests: Priorities and Security, 2017, vol. 13, iss. 12, pp. 2236–2255. (In Russ.) URL: Link

View all articles of issue

 

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

Journal current issue

Vol. 17, Iss. 10
October 2019

Archive