Abstract

The model of regional economic development in the Lipetsk region based on the allocation of industry and agriculture production in Special Economic Zones has shown its effectiveness for the development of the whole region. However, this model was helpless to introduce any significant breakthrough changes in the structure of the economy. Currently there has been an attempt to apply the same allocation model to tourism segment objects. It is shown that tourist entities unlike industrial and agricultural have different development imperatives. The main condition for the successful formation and functioning of tourist objects on a territory is their interconnected interaction within a tourist cluster. A tourist cluster can not be created at the only site. Tourist objects of a tourist cluster must be distributed according to tourist destinations and integrated through a well-developed infrastructure in a single functional system. When applying the special economic zone model to a territory it is necessary to make adaptations in accordance to the specifics of the allocated objects. The conclusion is that the application of the same management model for different economy segments needs adjustment. It is also important to distinguish a “Cluster” which is a geographic concentration of interconnected companies and a “Special Economic Zone” which is a territory with economic preferences.

Highlights

  • Lipetsk region is one of the most dynamically developing regions of Russia

  • In this discourse the main difference is that clusters are regional structures (“regional ecosystems”) and are aimed to realize competitive advantages of a territory, while special economic zones represent a conglomerate of industries on a certain territory with economic preferences and are aimed to attract investors

  • The cluster model of regional economic development in the Lipetsk region resulted in the appearance of eleven special economic zones

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Summary

Introduction

Lipetsk region is one of the most dynamically developing regions of Russia. There has been a positive dynamics in the regional economy, exceeding the average Russian rate in many respects. According to the results of 2016, the growth rate of industrial production was 103.4%, agricultural production 106.7%. The growth of investments in fixed assets amounted to 103.6%, the average monthly wage increased by 105.9%, the growth of average per capita cash income of the population amounted to 103.1% (The results 2017). The predominant sector of the economy is the production sector, in which the metallurgical industry is highly dominating.

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