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A Rooted Economy in the Structure of a Region’s Economic Complex: Resources, Economic Assets, Reproductive Potential: an Empirical Study

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Abstract—

The article studies the reproductive potential and features of the functioning of the “rooted” regional economy using the example of the multiethnic North Caucasus territory. The article presents and conceptually interprets the results of a representative economic-sociological study on traditional economic forms and practices of the North Caucasus population (household farms, personal subsidiary plots, family farms, individual enterprise, self-employment). The economic assets of these forms and practices, their reproductive potential and their contributions to the region’s economy are estimated. The article reveals their key role in the economic structure of the rooted sector of the region’s economy.

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Notes

  1. The Ministry of Justice of the Russian Federation defines the self-employed as citizens who independently and systematically earn money from providing services and performing work for private individuals. According to various estimates, 10 to 15% of working-age Russians are self-employed [6].

  2. Although statistics distinguish between these two forms of economic activity of the population, in rural areas, especially in montane and submontane territories, they do not factually differ from each other in their economic potential, resources, productive functions, forms of interaction with the market and are identical in terms of economics.

  3. The interviewed entrepreneurs generally named several types of economic activity and produced goods that they deal in.

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ACKNOWLEDGMENTS

This article was prepared with the financial support of the Russian Foundation for Basic Research Grant— Project no. 18-010-00283 “The morphology of regional economic space: an interdisciplinary approach.”

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Authors and Affiliations

  1. Southern Federal University, 344006, Rostov-on-Don, Russia

    Yu. S. Kolesnikov, V. N. Ovchinnikov & N. P. Ketova

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  1. Yu. S. Kolesnikov
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  2. V. N. Ovchinnikov
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  3. N. P. Ketova
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Correspondence to Yu. S. Kolesnikov.

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Translated by A. Ovchinnikova

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Kolesnikov, Y.S., Ovchinnikov, V.N. & Ketova, N.P. A Rooted Economy in the Structure of a Region’s Economic Complex: Resources, Economic Assets, Reproductive Potential: an Empirical Study. Stud. Russ. Econ. Dev. 30, 213–220 (2019). https://doi.org/10.1134/S1075700719020072

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  • DOI: https://doi.org/10.1134/S1075700719020072

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