Regional differences in the Russian Federation: An empirical analysis of the influence of terri-torial localization of industry sectors on the level of regional economic activity

 
PIIS042473880026994-2-1
DOI10.31857/S042473880026994-2
Publication type Article
Status Published
Authors
Occupation: Principal Scientific Researcher
Affiliation: Federal Research Center
Address: Moscow, Russian Federation
Affiliation: Udmurt Branch of the Institute of Economics of the Ural Branch of the Russian Academy of Sciences
Address: Russian Federation
Affiliation: Kalashnikov Izhevsk State Technical University
Address: Russian Federation
Journal nameEkonomika i matematicheskie metody
EditionVolume 59 No. 3
Pages77-90
Abstract

The article is devoted to the problem of high inter-regional differentiation of the economic area of the Russian Federation. The relevance of the research is due to the need to understand the role of the industrial sector in the economic inequality of regions. It is necessary for the systematization of the state regional policy and strategic forecasting of the innovative development of regionally oriented production systems. The purpose of the research was to identify an empirical relationship between the level of economic activity of industrial regions and their sectoral specifics. Based on a large array of statistical data, a long-term increase in the economic inequality of the regions of the Russian Federation and a high level of inter-regional differentiation are shown. During the research, the basic methods of mathematical statistics were used. The regression analysis allowed us to obtain a statistically significant confirmation of the hypothesis: the economic inequality of the regions is largely due to the nature of the industries localized on their territory. Some empirical patterns were also identified and statistically substantiated. It was established that the economy of industrially oriented regions depends mainly on extractive industries: the impact on the economic activity of the regions of the factor of localization of extractive industries is significantly (more than five times) higher than that of manufacturing industries. The results allowed us to conclude that the current trends may lead to further strengthening of inter-regional differentiation of the country's economic space. Also, the current situation entails the threat of deindustrialization of those regions that are now characterized by the concentration of high-tech industries. The research provides additional data support for industrial and structural policy priorities.

 

Keywordsregional economy, spatial development, regional differences, industrially oriented regions, economic specialization, statistical analysis, regression modeling.
AcknowledgmentThe article was prepared according to the Program of Fundamental Scientific Research of the State Academies of Sciences and the research plan of the Institute of Economics of the Ural Branch of the Russian Academy of Sciences for 2021–2023 (theme "Methodology of innovative development of region-oriented systems in an unstable economic environment").
Received04.08.2023
Publication date19.09.2023
Number of characters36193
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