Abstract

The aim of the article is to analyze the distribution of large Russian enterprises in key areas of activity within each federal district. Analytical and review articles concern problems of large, medium and small businesses, their role in the national economy and regional economic policy, problems of interaction between the state and business structures are the basis of theoretical and methodological approach of this research. The information base for this research is the data of accounting and tax reporting of large Russian enterprises in 2016. This data was provided by the First Independent Rating Agency. We show an uneven distribution of large enterprises across the Russian territory. More than a half of the large-sized enterprises are located in the Central Federal District. We identify areas of activity peculiar to large enterprises in each federal district and also areas of activity that are not very popular among large businesses. In the majority of regions, the greatest percent of the enterprises are presented by wholesale and retail trade. On the second place there are the enterprises of the manufacturing industry. As for mining, large business is concentrated in those regions where minerals are extracted. Among the least popular sectors are the spheres of research and development. The results will be a platform for further evaluation of the contribution of large business to the welfare of Russian regions.

Highlights

  • The importance of the enterprise sector, irrespective of its size and field of activity, is irrefutable for the economy of any country

  • Around 51% of large enterprises are located in the Central Federal District, where Moscow is the administrative center

  • There is no single federal district representing all spheres of activity by large enterprises according to the sections and classes of Russian Classifier of Economic Activities (RCEA)

Read more

Summary

Introduction

The importance of the enterprise sector, irrespective of its size and field of activity, is irrefutable for the economy of any country. There are set of empirical researches and economic theories that confirm this idea Both the classical macroeconomic theory, and the Keynesian theory, that stands up for state intervention in the economy. All these economic theories can make the common conclusion for the necessity of growth and development of the enterprise sector. Far and wide developed economy can ensure economic security, including constant and stable food provision for itself. Business as it by the nature is "the investment engine" of the Russian economy has to not play the last role

Objectives
Methods
Results
Discussion
Conclusion
Full Text
Published version (Free)

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 call