Abstract

The work is devoted to the study of economic activity types at the sectoral and regional levels in order to form the sectoral priorities of economic development as the strategic guidelines for sustainable economic growth and the investment attractiveness of the territories. The theoretical and the methodological basis of the study was the fundamental provisions and the concepts of economic theory, the scientific works of domestic and foreign scientists in the field of socio-economic development of the region and regional economic systems, investment activities, strategic territorial and sectoral planning, periodicals, regulatory documents of the federal and regional levels, the modern methods of competitiveness and investment attractiveness evaluation. The study was carried out on the basis of information from the Federal State Statistics Service (ROSSTAT), the Territorial Body of the Federal State Statistics Service for the Republic of Tatarstan (Tatarstanstat), as well as on the basis of analytical information from the Center for Advanced Economic Research of the Academy of Sciences of RT. The methodological approach is a multi-level study consisting of a structural and dynamic analysis of economic activity types, the assessment of localization level and a structural decomposition of key indicator dynamics. The presented methodology allowed to carry out a comprehensive monitoring and the diagnostics of economic activity types, to determine the competitive positions of the Republic of Tatarstan for each type of activity and identify industry priorities that ensure the region investment attractiveness increase.

Highlights

  • The main role in the socio-economic development of RF regions is played by investment activities carried out in these territories

  • The companies with new technologies and experience in the industry come to the regions, and regional budget revenues increase, which are necessary to fulfill the social obligations of the region, and citizen living standards improve with the growth of investment in the regions

  • Let's consider the features of the practical application of structural decomposition methodology concerning the dynamics of indicators on the example of turnover volume analysis among small businesses and the average number of employees of the Republic of Tatarstan and the city of Kazan

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Summary

Introduction

The main role in the socio-economic development of RF regions is played by investment activities carried out in these territories. One of the tasks that society faces today is the development of the necessary and favorable conditions for economic growth increase and population life quality improvement. The achievement of the tasks faced by the subjects is possible through the attraction of investment capital to the real sector of economy, which in its turn depends on the degree of the investment potential development in the regional economy. The increase of investment potential, and the investment attractiveness of the territories, contributes to the additional inflow of capital, the growth of the regional economy and the development of small business, as a highly dynamic sector adapting to the changes in external environment [7], [10], [11]

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