Abstract

The article deals with the diversification of the regional economy and searching for new drivers and growth points. The purpose of the work is to analyze the state and development of the regional economy using the example of the Ural Federal District's regions and identify their potential growth points. The information base of the study is regional statistics provided by the Federal Statistics Service of Russia. The study used methods of statistical analysis, in particular, dynamics analysis and correlation analysis. The analysis of the leading indicators characterizing the development of the regional economy is carried out: the sectoral structure of the GRP, the index of industrial production, the level of scientific and technological development, and per capita income.

Highlights

  • In modern conditions, when Russia is in a state of choosing strategic development and further behavior model, which should and could ensure economic growth, it is necessary to search, identify and activate points of growth of the regional economy

  • At the first stage of our study, we will consider the leading indicators characterizing the Ural Federal District's regions' economy according to the Federal Statistics Service of the Russian Federation

  • The economies have been experiencing crisis phenomena, which is shown by the decline in the industrial production index and the decline in the population's average per capita income

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Summary

Introduction

In modern conditions, when Russia is in a state of choosing strategic development and further behavior model, which should and could ensure economic growth, it is necessary to search, identify and activate points of growth of the regional economy. The development of the theory of points and poles of growth is associated with the name of the French researcher François Perroux, who in 1970 suggested that growth does not occur instantly but spreads from more developed territories to peripheral ones, while growth points can stimulate growth in other parts of space, an essential role in innovation plays into it. Boudville, who believes that “a regional growth pole is a set of developing and expanding industries located in an urbanized zone and capable of causing further development of economic activity in the entire zone of its influence” [22]

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