POSITIONING OF RUSSIAN REGIONS IN LONG-TERM AND MEDIUM-TERM ECONOMIC GROWTH RATINGS

Abstract

In the article the author creates ratings of Russian regions according to criteria — ​long-term and medium-term real economic growth. An indicator of economic growth is the index of the physical volume of gross regional product. By the long-term period we mean the period from 1997 to 2021, by the medium-term period — ​the period from 2016 to 2021. The purpose of the study is to rank the regions according to these periods. Objectives of the study are following: to conduct a comparative analysis of the results of building two ratings; to show the spatial location of regions from the standpoint of long-term economic growth; to show the specialization of the leading regions. Specific research methods are the ranking method, comparative and correlation analyses, and the graphical illustration method. The leaders of both long-term and medium-term economic growth are three regions. These are St. Petersburg, the Moscow region and the Republic of Adygea. The absolute outsider according to both ratings is the Komi Republic. The industry specificity of the leading regions was obtained: all regions are characterized by specialization in manufacturing. Regions leading long-term and medium-term growth also specialize in non-production activities — ​wholesale and retail trade, real estate operations. The leading regions of medium-term growth specialize both in the extractive industry and in the fields of transport and communications.