Assessment of the Competitiveness of Economic Activities of the Region in Terms of Employment

Lyudmila P Bakumenko,Tatyana V Sarycheva,Mikhail N Shvetsov

doi:10.5901/mjss.2015.v6n3s7p119

Abstract

In the context of limited investment opportunities, it becomes important to study the competitiveness of economic activities, which represents one of the essential components of the study of the relations at the labour market, and also serves as an important reference point for the formation of regional economic policy and the strategies of business communities. In the article the authors describe the methodology of complex statistical assessment of prospectivity and competitiveness of the economic activities of the region, based on using the method of shift-components together with the coefficient of localization. This approach allows identifying the level (district, industrial or regional) at which the factors, determining the dynamics of the regional employment structure by economic activities, and consequently the level, at which the control actions should be focused to prevent destructive changes. The application of the suggested method was carried out for the Mari El Republic. As a result, the dynamics of employment of the region was traced in comparison to the Volga Federal District, and the key causes of changes in the employment structure were determined for economic activities. The activities, which the region specializes in, were identified. The method allowed defining the areas of economic development of the Mari El Republic and formulating the probability scenarios of economic development for the activities of various competitiveness levels. The versatility of the proposed methodological tools and their correspondence to the intended function substantiate the lawfulness of their use by other regions of both the Volga Federal District and the Russian Federation. DOI: 10.5901/mjss.2015.v6n3s7p119

Highlights

The modern stage of socio-economic transformations is characterized by active search for the ways of solving regional development problems
Stimulating tools of regional politics are recommended for the use in particular for the economic activities forming the basis of the regional economy, which will provide economic and social effect
While the employment situation in the district in recent years has been relatively stable, the state of employment in the region had reversed trend. This is evidenced by the growth rates of the analyzed indicator, the dynamics of which is presented in Figure 1

Summary

Introduction

The modern stage of socio-economic transformations is characterized by active search for the ways of solving regional development problems. Among them the problem of the formation of adequate and well-functioning regional labour markets is of primary importance It is the regions with limited job opportunities and choice of vacancies, in which the labour market situation is characterized by greater intensity. Employment in a region is understood rather as a “conglomeration of anomalies” than as an integrated and internally coherent system It is facilitated by the instability of the economy and the imbalance between the supply and demand of the workforce. Investment opportunities in the Mari El Republic are limited and do not allow simultaneous investments into all economic activities. Due to this fact, the concentration of resources is essential in those activities of the regional economy, which can become the points of economic growth, since they have certain potential. Stimulating tools of regional politics are recommended for the use in particular for the economic activities forming the basis of the regional economy, which will provide economic and social effect

Methods

Results

Conclusion