Abstract
Factor analysis is the basic tool when conducting a comprehensive analysis of economic activity. In the factor analysis, the major attention is given to the research of internal reasons that form the specificity of the phenomenon under study and identification of generalized factors standing behind relevant specific indicators. The article deals with the analysis of the science intensity of the invested capital in the Baikal region of the Russian Federation. Science intensity is an important parameter for determining the efficiency of the economic activity. The author introduced into scientific circulation the following indicators: the science intensity of the invested capital, the science intensity of the gross regional product and the investment return of the gross regional product. The paper reveals the influence of factors affecting the change in the science intensity of the invested capital in the Baikal region of the Russian Federation, and provides methodological approaches to its calculation. The article presents the author’s analytical and systematized statistical material for the analysis of the key indicators revealing the impact of the invested capital in the Baikal region of the Russian Federation on the change of the science intensity. The research has been carried out in the framework of the scientific project of the Irkutsk Scientific Center of the Siberian Branch of the Russian Academy of Sciences No. XI.174.1.4 “Activation of the internal development potential of regions of the resource specialization (on the example of the Baikal region)”.
Highlights
The development of high technologies in the industry and the release of fundamentally new science-intensive products have become the key factors for sustainable economic growth in most of the industrialized countries of the world
The growth of gross regional product (GRP) of the Baikal region of the Russian Federation looks stable, but this growth is artificial, since the main reason for this stable growth lies in the high volatility of the Russian currency
Based on the methods of deterministic factor analysis developed by the author [2, 3], we estimate the degree of influence of the two factors on the change of the science intensity of the invested capital of the Baikal region of the Russian Federation
Summary
The development of high technologies in the industry and the release of fundamentally new science-intensive products have become the key factors for sustainable economic growth in most of the industrialized countries of the world. Those states that have managed to reorient their economic systems to generate knowledge, create technologies and produce science-intensive products, occupy a leading position in the world and ensure a high level of well-being of their citizens. It is known that science intensity is one of the leading factors of the product competitiveness. Science has become not just one of the production resources, and the key factor of the economic growth
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