Abstract
Purpose: The purpose of this study is to quantify and identify the relationship between economic growth and structural and technological shifts in the economies of Russian regions, allowing us to conclude on the quality of observed economic growth or factors of economic recession.
Design/Methodology/Approach: The study is based on a structurally dynamic approach to the analysis of economic systems and the delimitation of elements of social production in accordance with the share of manufactured products, capital or employed population. The methods of a quantitative assessment of structural changes of such characteristics as the intensity, quality, and effectiveness of structural changes are used. The methods of the cluster and correlation-regression analysis are applied as formal statistical tools. The empirical base of the study was composed of statistical materials on the structure of the gross regional product (GRP), employment of the constituent entities of the Russian Federation for the period 2001–2017. The sectoral structure of GRP is represented by the volume of gross value added in the context of six sectors of the economy (types of economic activity) and two areas of production (the sphere of production of goods and the service sector). The GRP physical volume index for a comparable period is used as an indicator of economic growth.
Findings: The study obtained a quantitative assessment of structural changes and identification of the relationship between economic growth and structural and technological shifts in the economy of Russian regions. It is concluded that there is no positive effect of structural changes on economic growth in the regions of the Russian Federation.
Originality/Value: A typology of Russian regions was compiled according to the GRP structure. Different dynamics of structural changes in the economy of the regions in the field of employment, fixed assets and the ratio of industry contributions to the gross product are shown.
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Acknowledgments
The study was carried out with the financial support of the Russian Foundation for Basic Research and the Volgograd Region in the framework of the scientific project «Improvement of mechanisms and instruments of economic growth in Russian regions in terms of development of convergent technologies», project No. 19-410-340014 p_a.
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Shevandrin, A.V., Kalinina, A.E. (2020). Economic Growth and Structural and Technological Changes in the Economy of Russian Regions. In: Inshakova, A., Inshakova, E. (eds) Competitive Russia: Foresight Model of Economic and Legal Development in the Digital Age. CRFMELD 2019. Lecture Notes in Networks and Systems, vol 110. Springer, Cham. https://doi.org/10.1007/978-3-030-45913-0_8
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