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Strategies of impetus of economic activity in the national economy

Bibliographic Data

ID21219537
AuthorsS A Suspitsyn (Institute of Economics and Industrial Engineering, corresponding author)
Year2014
Volume4
Issue4
Pages260-270
Publication date2014-10-01
Open AccessYes
TypeARTICLE
VenueRegional Research of Russia (JOURNAL)
Journal identifiersISSN: 2079-9713 • E-ISSN: 2079-9705
PublisherPleiades Publishing Ltd (PUBLISHER)
DOI10.1134/s2079970514040224
OpenAlexW2050415274
LanguageEN

The concept of structurization of the economic space of the Russian Federation is proposed based on the construction of contrasting clusters of agents of the national economy, including a creative cluster that consists of big business and favored regions with transnational relations, a middle cluster that consists of strong small and medium size business and regions with average parameters of economic activity, and a cluster of the quiet business activities that consists of low-profit business structures and outsider regions. Basic drivers of the economic activity in the clusters are highlighted, including the state, regional authorities, and corporate structures. Procedures for constructing the matrix estimates of significance of the presence of drivers in clusters are established. Methods for constructing composite indices generalizing partial estimates of drivers activity in different clusters and methods for constructing composite indices clusters integrating partial estimates of different drivers are developed. The algorithm for calculating these indices is based on an iterative process of joint verification. The theoretical impetus strategy for economic activity in the economy (strategies of state paternalism, market romanticism, panregionalism, and ideal universalism) are proposed and estimated based on the composite indices. The concept of the internal balance of these strategies is introduced. It is defined through a generalized coefficient of differences between composite indices of drivers and clusters. For each of the strategies, integrated estimates of the balance of investment activity of drivers in different clusters and differences of the impetus potential of economic activity by clusters are calculated. Versions of these strategies have been developed for estimating the effects of echeloned motivation of the economic activity. A version of the methodology is used to analyze the investment activity in regions of Russia. An analysis of investment processes in the economy using the proposed methods showed that the ideology of a pure market dominates in Russia and that there is little state involvement in the economy and not enough efficient competences in the regions

Economic system · Economics · Economy · Microeconomics · Political science · Economic and Technological Developments in Russia · Regional Economic Development and Innovation · Regional Socio-Economic Development Trends

Highly citedNo

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