Regional Economics: Theory and Practice
 

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An analysis of the influence of special legal status areas on the development of regional socio-economic systems of Russia

Vol. 17, Iss. 11, NOVEMBER 2019

Received: 1 August 2019

Received in revised form: 29 August 2019

Accepted: 19 September 2019

Available online: 15 November 2019

Subject Heading: SUSTAINABLE DEVELOPMENT OF REGIONS

JEL Classification: R11, R58

Pages: 2039–2057

https://doi.org/10.24891/re.17.11.2039

Kovarda V.V. Southwest State University (SWSU), Kursk, Russian Federation
kovarda@yandex.ru

ORCID id: not available

Subject This article examines the influence of areas with special legal status on the regional socio-economic system.
Objectives The article aims to find out and analyze how such areas affect the socio-economic development of Russian subjects, and whether they affect at all.
Methods For the study, I used the methods of logical and statistical analyses.
Results Having considered the main types of special legal status areas, the article presents certain results of a comparative analysis of GRP dynamics, the balance of foreign direct investment, and the inflow of investments into Russian constituent entities.
Conclusions The availability of special legal status areas has a positive effect on attracting foreign investment in the region, and it improves the region's socio-economic situation.

Keywords: territory with special legal status, regional socio-economic system, special economic zone, preferences

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