Factors of Economic Growth in Russia's Regions

Abstract

The monograph deals with analysis of the factors that determine the diversity in the degree and pace of economic development of Russia's regions. In particular, basing on the data of main socio economic indicators of RF constituent regions' performance, the authors have empirically tested various convergence concepts and attempted to conduct decomposition of economic growth and assess the dynamics of labor productivity in Russia's regions. One of the sections of the monograph focuses on the Canadian record of development of individual regions and equalization policies. The monograph contains conclusions and recommendations for development of the federal economic policy with respect to different Russian regions.