Set of Methods and Procedures for Analyzing and Forecasting the Development of the Eastern Regions of the Russian Federation

A scheme has been developed for assessing the impact of investments on the GRP growth in a region, the country, and the eastern zone of the Russian Federation, based on an analysis of the investment cycle investments–fixed assets–GRP–investments, the movement of the age strata of fixed assets, and their capital productivity. Triple helix models of interaction of the main factors of regional development (GRP, investment, and household income) in a multiregional system are proposed. The method of coordinating the conditions for the development of regions of different hierarchical levels is substantiated, in particular, the correct translation of the key macroeconomic parameters of the country’s economic development to regions. Its interpretation is proposed in terms of the triple helix model based on the center–periphery approach. Algorithms for joint use of the proposed methods in a set of simulated regional macromodels have been developed. The features of the socioeconomic situation of the eastern regions of the Russian Federation have been studied, experimental calculations of the regional development for the period up to 2035 have been performed and analyzed using a moderately optimistic scenario of the growth levels of key parameters of the economy (population size and income, growth in the share of investments in GRP, etc.)

Economic geography · Economic growth · Economic policy · Economic system · Economics · Economy · Fixed asset · Gross Regional Product · Macroeconomics · Political science · Population · Productivity · Russian federation · Socioeconomic development · Economic and Technological Innovation · Regional Development and Policy · University-Industry-Government Innovation Models

• Increasing Returns, Non-Traded Inputs and Regional Development

  Riccardo Faini•The Economic Journal•1984

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