Estimation Of Institutional Factor’s Influence On Regional Foreign Economic Activity

Abstract

The research relevance is caused through attaching the big importance to foreign economic activity (FEA) stimulation in the Russian economy. FEA institutional factor (stimulating norms, rules, mechanisms) will be developed including on the regional level. The article’s purpose: to estimate this factor’s influence on FEA. Scientific novelty and importance of results consist in implementing such estimation by complex inclusion of variety of displays of institutional support’s factor. Research methods included the quantitative and “qualitative” analysis, including on basis of statistical analysis, content analysis of legal documents, reports and press releases of assistance institutions: the analysis of dynamic series by indicators of international exhibition’s effect (contracts’ number, regional export); the analysis of statistics and branch structure of export and investment contracts, concluded by various support forms; the analysis of indicators of development of FEA’s material infrastructure. Analysis on example of Sverdlovsk region Russia’s has shown: all considered institutional factor’s displays will be actively realized and bring appreciable positive effect – quantitative and qualitative, sometimes remote in time. The fastest effect will be brought by assistance to enterprises’ business communication. Results can be used by both FEA support system and business by planning the increasing the fullness of use of FEA assistance effect.