Abstract
The paper considers the problem of capacity growth of the economic system in the region due to accumulated or gross value added. The gross value added, as an indicator of the economic development of territories, is represented by the following sources of development: the salary fund for supporting labour potential, depreciation and profit, as means of ensuring reproduction in business. Assessing the region’s capacity potential is also carried out from the perspective of the potential of available resources accumulated by gross value added, with their subsequent transformation into the stock and labour capacity. Along with that, gross value added appears in two aspects: as a potential for resource development and as an economic effect of the subjects’ activities in the region, it allows using an indicative approach to modelling situations and making management decisions for its growth at various levels – from business to industry within macro-districts and municipalities. There is a logical chain of indicators, that moves from the investment potential formed and used to support resources to the results of using it in the form of GVA and capacity. The Krasnoyarsk Krai, consisting of 6 macrodistricts and 58 territories, is an object of the research. The subject of the research was the development of production systems in the territories with access to metrics assessing the transformation quality and efficiency. Their indicative form allows classifying territories and macro-districts by their use of available resources. In general, the research is analytical and is aimed at developing the regional policy to improve the technological structure of the economy, giving it greater stability in changing markets.
Highlights
The competitive ability of the region's economy and its territories depends on the state and use of its resource potential
The metrics that measure the consumption of production system resources in the design and engineering improvement include gross value added (GVA) and in fixed assets (Ifa)
The efficiency of using resources for consistent GVA growth is determined by a chain of metrics that assess the contribution of investments to the growth of GVA and CLR (Ifa/GVA, Ifa/CLR), their return in the form of an increase in capital-labour ratio and labour capacity (CLR/Ifa, LC/Ifa), the impact of capital-labour ratio on labour capacity (LC/CLR) and their total return in the form of GVA growth (GVA/LC/CLR)
Summary
The competitive ability of the region's economy and its territories depends on the state and use of its resource potential In this regard, one of the significant factors of its growth is considered to be the capital-labour ratio and labour capacity, which create a new consumer value of products and services due to design and engineering improvement of production and research solutions implemented. Today, behind this concept there is a goal of increasing labour capacity, high indicators of which can be obtained if high added value is achieved [1]. The value added in the concept of the surplus value is created by employees and divided among them and the capital owners
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
