Development Of Regional Economic Systems Research Articles

Прогнозирование инновационного развития регионов-лидеров Приволжского федерального округа с использованием синергетической модели

The most important component of the economic space of the Russian Federation is the innovative space of the regions, characterized by the presence of a high level of uncertainty and inconsistency of the ongoing socio-economic and political phenomena. The article presents the results of predicting the innovative development of the Volga Federal District and its leading regions: the Republic of Tatarstan, the Republic of Bashkortostan, the Nizhny Novgorod region using a synergistic model. The main trends in the change in innovative indicators of the Volga Federal District and the leading regions until 2027 are identified. In particular, the predictive indicators of the volume of production of innovative goods, the cost of innovative activities, gross profit from the sale of innovative products, innovative activity, and the profitability of innovative activities are determined. The practical use of a multifactorial synergetic model can be considered as an objective tool for assessing the innovative development of regional economic systems, identifying promising areas of innovation policy, and an important information resource in making managerial decisions.

Opportunities for economic growth of regional economic systems in the context of the implementation of the concept of balanced development

One of the goals of the economic policy of most countries of the world is to increase the pace of economic growth. The successful socio-economic development of national economies and regional economic systems largely depends on the achievement of this goal. Many scientists-thinkers of the past, from T.R. Malthus and A. Smith to modern scientists-economists R.E. Lucas and P.M. Romer (Nobel Prize laureates in Economics) addressed this problem, offered their solutions. This article retrospectively analyzes the models of economic growth of the twentieth century by such well-known scientists as R. Harrod, E. Domar, R. Solow, T. Swan, K. Arrow. The author comes to the conclusion that, theoretically, there have been significant changes regarding views and approaches to solving issues of increasing the economic growth of national economic systems. In the scientific environment, new growth theories will prevail, in which the emphasis is on endogenous factors. At the same time, economic growth is closely interrelated with the economic development of regional economic systems, which, in the context of the implementation of the concept of balanced development, strive for sustainability. In turn, sustainable development, at its core, when conducting production and economic activities, provides for the leveling of negative consequences (externalities) such as excessive consumption of natural resources, harm to the environment, destruction of the ecosystem. As a solution, the author proposes the implementation of the "green" economy model. It is concluded that in the long term, in the context of the implementation of the concept of balanced development, economic growth of regional economic systems becomes possible, and new growth theories in which endogenous factors are dominant can serve as a theoretical foundation. The article is part of the author's dissertation research.

Innovation-digital direction of the development in the context of the regional asymmetry

The purpose of the article is to substantiate the directions of state regulation of the processes of information and digital development, which will contribute to the reduction of the processes of differentiation of the development of regional economic systems. The study used an institutional approach that allows with a high degree of subordination, logic and consistency to study the diverse phenomena and processes associated with innovation and digital development, to take into account not only changes in formal and informal institutions, but also changes in global economic processes. self-identification of regions. The tools of state regulation of innovation and digital development of the regions should be singled out. The role and importance of informal institutions of innovation and digital development of regions are outlined. Direct and indirect methods of supporting scientific, technical and innovative activities are identified. The necessity of formation of strategic directions of innovation and digital development of regions is proved.

The human factor of the sustainability of the development of regional economic systems in the context of the implementation of modern tax policy

The human factor of the sustainability of the development of regional economic systems in the context of the implementation of modern tax policy

ENVIRONMENTAL PERFORMANCE OF CHINA'S ECONOMIC SYSTEM: INTEGRATIVE PERSPECTIVE OF EFFICIENCY AND PRODUCTIVITY

The high-quality development of regional economic system is inseparable from the collective efforts of multiple economic sectors. Increasing attention has been paid to the environmental performance evaluation of different administrative levels or economic sectors, but integrated research is scarce. Taking the three industries (the primary, secondary and tertiary industries) into account, this paper proposes a data envelopment analysis (DEA) model with parallel network structure to assess the environmental performance of 30 provinces in China from integrative perspective of efficiency and productivity. Then, the Tobit model is adopted to investigate the effects of external factors on the environmental performance. The results show that environmental efficiency of Chinese economy is only 0.4436 during 2010–2019 and the performance of the secondary industry is the highest, followed by the tertiary and the primary industries. Moreover, the environmental efficiency of eastern region is far higher than that of the central or western regions. Technological progress is the main driver of environmental productivity improvement for China’s economic system. Most of the external factors such as energy structure and technology innovation, have different effects on the environmental performance of different regions. Finally, several targeted policy implications are suggested for improving the environmental performance of China’s economic system.

PRINCIPLES AND MECHANISMS OF FORMATION OF REGIONAL ECONOMIC SYSTEMS

Topicality. The study of the development mechanisms of regional economic systems is an urgent task in connection with the reform of decentralization in Ukraine, which creates new opportunities for economic development of territories. The relevance of this study is determined by: the State Strategy for Regional Development 2021-2027 (Strategic Objectives � 1-3) [1], the Concept of Local Government Reform [2], the National Economic Strategy for the period up to 2030 [3]. In particular, these documents emphasize [1] the need to build competitive regions and functional areas by involving all actors in development and overcoming the inequality of socio-economic development of regions. Aim and tasks. The aim of the article is to determine the conceptual foundations and methodological principles of building and increasing the capacity of economic systems of territorial communities in Ukraine, as well as the formation of mechanisms for implementing relevant principles of forming and ensuring effective functioning of regional economic systems. Research results. The basic principles according to which the regional economy should develop are revealed. The problem of regional economic systems (RES) management from the point of view of network management is considered. The hypothesis of a new economic system is put forward. The connection of the institutional basis of RES with the goals of sustainable development is shown. The institutional basis for ensuring the effective development of regional economic systems in the context of local government reform is substantiated and the current principles are formulated, according to which territorial economic systems should function in accordance with the requirements of national and European regulations. Hypotheses about the need to supplement the existing list of principles of functioning of regional economic systems with the principles of structural and institutional support of their development are proved. The mechanisms of realization of the principles of functioning of regional economic systems in modern conditions are substantiated, which include instruments: tax, credit, financial-budgetary, organizational-infrastructural, property-legal. Measures are proposed to ensure effective economic cooperation of communities. Conclusion. The successful functioning of communities depends primarily on the activities of regional economic systems. The joint implementation of economic projects by communities is most conducive to their cooperation in all areas. The activities of the regional economic system must comply with the principle of structure and the principle of economic cohesion (economic solidarity). In the long run, these principles should lead to the emergence of a new solidarity-based economic paradigm.

ПРИНЦИПИ РОЗВИТКУ РЕГІОНАЛЬНИХ ЕКОНОМІЧНИХ СИСТЕМ В УМОВАХ ТРАНСФОРМАЦІЇ ПОТЕНЦІАЛОФОРМУЮЧОГО ПРОСТОРУ

The article substantiates the principles of the development of regional economic systems in the conditions of the transformation of the potential-forming space. The general economic and specific principles were singled out taking into account the fact that the main principles of the development of regional economic systems in the conditions of the transformation of the potential-forming space are determined by certain regularities that express public needs. In the study, using an integrated approach, general economic (complexity, historicism, objectivity, efficiency, scientificity, dialectic, balance, environmental friendliness) and specific (continuity, adaptability, subsidiarity, purposefulness, parity, integration, integrity, variability and identification of growth points) were singled out ) principles of development of regional economic systems in the conditions of transformation of the potential-forming space. The substantiation of general economic and specific principles of development of regional economic systems in the conditions of transformation of the potential-forming space is of practical importance, as it ensures the effectiveness of the mechanism of development of regional economic systems in the conditions of transformation of the potential-forming space. The mechanism of development of regional economic systems in the conditions of transformation of the potential-forming space includes a set of institutional, financial, economic, and organizational measures aimed at managing the economic development of regions. The implementation of these measures within the regions is carried out on the basis of the interaction of the subjects of influence on the development potential, the object of management, the selection of criteria and factors of influence, the balancing of the resource component in order to ensure the appropriate sustainability of regional development. Which collectively ensures the formation of a methodical approach to the construction of a mechanism for the development of regional economic systems in the conditions of the transformation of the potential-forming space. It is substantiated that the construction of the mechanism requires the identification of growth points, which allows forming a list of dominant and priority spheres of economic activity by region for further activation of their development potential. The formation of growth points is achieved on the basis of concentration and concentration of competitive advantages in the region.

ІНТЕЛЕКТУАЛЬНО-ІННОВАЦІЙНИЙ РОЗВИТОК РЕГІОНАЛЬНИХ ЕКОНОМІЧНИХ СИСТЕМ В УМОВАХ СТАНОВЛЕННЯ КРЕАТИВНОЇ ЕКОНОМІКИ

The article examines the current trends in the development of regional economic systems in the intellectual and innovative direction in the conditions of the formation of a creative economy. It was found that the modern social paradigm of social development is based on the growing role of knowledge, information and creativity. It has been proven that intellectual and innovative development represents such a process of economic development, which is based on the production of innovations, increasing the role of intellectual capital, constant technological improvement of production processes, increasing export capacity due to high-tech, innovative products and services. It is highlighted that at the beginning of the innovation process there is a person, the bearer of intellectual and creative potential, without which the implementation of ideas and their commercialization is impossible. The creative economy implies not only the development of creative sectors of the economy, but also innovative and technological creativity. Human potential can be considered as: aggregate capabilities of the population, to economic, social, intellectual, innovative and creative activities; maintaining the required level of morality, ethics and health; constant acquisition of competences and development of abilities and skills; assimilation of knowledge and production of new knowledge and creative ideas in social interaction and mutual understanding. The creative potential of an individual is transformed into the innovative and creative capital of the economy as a result of its targeting and value actualization. It is most expedient to use the specific features of regional economic systems to create areas of innovative development by supporting creative, scientific, intellectual and innovative activities. Implementation of the direction of the development of regional economic systems on an intellectual and innovative basis in the conditions of the formation of a creative economy will ensure: a departure from the low-efficiency and low-tech economy of the regions; increasing competitive advantages.

СУЧАСНІ ТЕНДЕНЦІЇ ЦИФРОВІЗАЦІЇ РЕГІОНАЛЬНИХ ЕКОНОМІЧНИХ СИСТЕМ

In the modern conditions of socio-economic development, the process of digitization, which af-fects various spheres of activity, is gaining more and more popularity. The experience of successful countries proves that the competitiveness of regional economic systems depends on the ability to gen-erate, implement, and effectively and successfully apply digital technologies in all spheres of activity. Currently, the digitalization of regional economic systems is one of the main components of the strate-gic development of the regions of our country.The article is devoted to the study of modern trends in digitalization of regional economicsys-tems. The main goals are defined, the manifestations and advantages of digitalization of regional eco-nomic systems are clarified. Risks and problems associated with the formation, functioning and devel-opment of digitalization of regions have been identified. The factors of institutional and digital changes are outlined and the trends of digitalization of regional economic systems are analyzed. It has been proven that the implementation of digitization processes will provide an opportunity to solve numerous social problems, which in turn will lead to increased economic, innovative and so-cial development of regional economic systems. It was determined that the leading advantage of digi-talization of regional economic systems is the automation of managementprocesses, which will signif-icantly increase the level of efficiency of regional development management.The authors are convinced that digital platforms and portals facilitate operations, speed up the process of data and information exchange, and facilitate the establishment of relationships and inter-action. For business entities of regional economic systems, digitalization manifests itself in improving the quality of their products, goods and services and reducing their cost, as well as new opportunitiesfor increasing added value and other structural transformations.According to the authors, digitalization of regional economic systems is a continuous process of development of various spheres of activity and generation of innovative technologies. It has been proven that in order to achieve successful implementation of digitalization processes, coordinated work of business structures, citizens, regional and state authorities is necessary.

The System Approach to the Organizational and Economic Mechanism of the Innovation Processes Activation of Regional Economic Systems

The study is devoted to the development of the organizational and economic mechanism for activating the innovation process of regional economic systems using a system approach. The organizational and economic mechanism of the innovation process activation of regional innovation systems means an organic set of the innovation components that provide the innovation process, as well as a set of functions, forms, methods and levers of regulation to activate it to ensure sustainable development of regional economic systems. The general components of the organizational and economic mechanism of the innovation process activation are singled out, which include: economic, social, informational, international, financial and managerial components. As well as specific components of the organizational and economic mechanism of the innovation process activation, which include: scientists, enterprises and organizations, the innovation infrastructure, consumers of innovative products. The levers of influence of the organizational and economic mechanism, which are the levers of direct and indirect state and regional influence, are considered in detail. Direct and indirect methods of the organizational and economic mechanism of the innovation process activation, as well as functions of the organizational and economic mechanism are detailed, namely: planning, motivation, stimulation, organization, control. The visualization of the organizational and economic mechanism is developed. Successive stages of the implementation of the organizational and economic mechanism of the innovation process activation are offered. In accordance with the methodology of the system approach, a recurrent ratio of the organizational and economic mechanism of the innovation process activation is developed.

METHODOLOGICAL APPROACHES TO THE TRANSFORMATION OF THE POTENTIAL-FORMING SPACE OF REGIONAL ECONOMIC SYSTEMS UNDER THE INFLUENCE OF INTELLECTUAL AND INNOVATIVE DETERMINANTS

The article investigates the methodological principles of transformation of the potential-forming space of regional economic systems under the influence of intellectual and innovative determinants, which is due to the need for further development of regions. It is substantiated that in the conditions of transformation of potential-forming space the development of regional economic systems is accompanied by multivariate socio-economic processes, which leads to the emergence of new challenges, threats and risks. Potential-forming space, the transformation of which affects the development of regional economic systems – is a complex systemic phenomenon, which consists of various resource, technological components. Based on a synergistic approach, a strategic-oriented model of the impact of the transformation of potential-forming space on the development of regional economic systems under the influence of intellectual and innovative determinants can be defined: as reproduction and maintenance of dynamic stability in relation to various factors, challenges, risks and threats. As well as as an activity that in the process of transformation of potential-forming space under the influence of intellectual and innovative determinants aims to take into account various factors and challenges, as well as external and internal environment that ensure stability of all components of regional economic systems. The system-forming properties of the transformation of the potential-forming space for the development of regional economic systems under the influence of intellectual and innovative determinants are highlighted. It is substantiated that the strategic-oriented model of transformation of potential-forming space for the development of regions under the influence of intellectual-innovative determinants outlines the details of such system-forming properties as: complex system, higher-level subsystem, adaptability to real transformations and dissipation. managerial, functional, production, social and other components.

Новая Великая депрессия на фоне коронавирусной пандемии: проверка теории Кейнса для регионов России

J.M. Keynes is the author of the economic model which made it possible to overcome the Great Depression in the United States. The cornerstone of the theory is income. The regulatory measures of J.M. Keynes start from the fact that the behavior of the population in the long and short term is different. Using the data on the income of the population in the regions of Russia before the crisis and during crisis periods (caused by the coronavirus pandemic) of 2018–2020, the authors test a hypothesis connected with the transformation of behavior models. In particular, the issue of changes in the proportions of savings and consumption of the population in the regions of Russia was studied. To confirm the hypothesis defined in the study, the clustering of regions was carried out, which allows us to draw conclusions about the isolation of more homogeneous groups of regions. The identified five clusters allow us to fully determine the main trends of consumer behavior and confirm the hypothesis set in the study. The results obtained allow us to speak about the relevance of the application of J.M. Keynes’ approaches to this crisis situation. It is also important to speak about the possibility of further research of the policy proposed at the moment which deals with the issues facing the global economy. The calculation of the ratio of the marginal and average consumption rate makes it possible to use the tools of the US economic policy of the early 20 th century in the modern social and economic reality. Using this research, the trends were identified and new threats associated with the virtualization of the economy were identified, which can become a kind of a trigger for a new Great Depression. The most important tasks at the moment are a deep fundamental study and description of the patterns of development of regional economic systems of various types and an analysis of the impact of various negative factors and shocks on their dynamics.

Risk management of the development of regional economic systems on the example of the north-west region

Risk management of the development of regional economic systems on the example of the north-west region

ИССЛЕДОВАНИЕ СТРАТЕГИЧЕСКОЙ ОРИЕНТИРОВАННОСТИ ИННОВАЦИОННОГО РАЗВИТИЯ РЕГИОНОВ РФ

The article summarizes the factors that determine the innovative development of regional economic systems. It was determined that the desire to diversify the sectoral structure should be based on an understanding of the role of construction as a sector of the economy, outstripping the development of the general economic situation. The hypothesis about the existence of a strong relationship between the volume of work in construction and the volume of output of innovative products in regional economic systems has been put forward and confirmed. In 2010–2018, there is a close relationship between the number of commercialized innovations and the volume of work in the construction industry in Russia. At the same time, the correlation between these parameters in various federal districts and subjects of the Russian Federation is not unambiguous. Russian regions are classified according to the strength of the relationship between these parameters. It is concluded that, mainly, in the border regions, construction is not associated with the development of innovative industries and innovative infrastructure.

Intensification of the development of regional economic systems in the conditions of the creative economy formation

This article is devoted to a detailed analysis and formation of guidelines for intensifying the development of regional economic systems in the formation of the theory of creative economy under the influence of its characteristic intellectual and innovative determinants. A brief description of the studied theoretical concept is given, on the basis of which a list of key features that characterize economic systems built on the principles of creative economy is identified. The key features of the implementation of the basic provisions of the theory of creative economy in the existing regional economic systems are formed. The main subjective levels of realization of economic relations at which creativity manifests itself are identified, namely the personal level, entrepreneurial level, regional level and the level of the national economy.

Concepts of the activation of intellectual and innovative determinants for the development intensification of regional economic systems

The article considers modern patterns of development of the regional economy, which require the formalization of new methodological tools to enhance development. The analysis of theories and concepts of intensification of regional economic development allowed to distinguish theories of innovative development, diffusion of innovations and orthodox theory of innovations based on the concepts of technocratic and cyclical development. On the basis of the described theories the sequence of adaptation of concepts to the theory of creative economy is formulated. It is substantiated that the factor and resource of modern development of regional economic systems is intelligence. To ensure the effectiveness of the concept of creative economy in regulating the development of the region's economy, it is necessary to create infrastructure and conditions for creating new knowledge and innovative technologies, ensure education and competence of the population to generate and commercialize creativity and motivation to participate in economic growth.

Systematization of functional features of intellectual and innovative determinants of the intensification of the regional economic development

Within the article, economic essence, scientific approaches and modern interpretations of intellectual and innovative development of economic systems are considered. The conditions and measures of the activation of intellectual-innovative determinants of the intensification of the development of regional economic systems are determined. Distribution of resources in the region between individual territories is implemented according to investment strategies of intellectual and innovative development. Considering functional features and factors of influence of intellectual and innovative determinants, the author identifies the guidelines for their implementation in the intensification of development processes in the regions. This allowed to formulate directions for ensuring the effectiveness of intellectual and innovative determinants, which include intensifying cooperation and strengthening export positions, creating competitive advantages of an innovative nature, increasing and adapting competencies and digital skills in the population, balanced territorial development through the cognitive resource allocation.

Methodical Approach to Assessing Innovative Development Efficiency of Regional Economic Systems in the Conditions of the Creative Economy Development

Modern globalization processes of economic development are increasingly focusing on the regional level of economic development. The regional economic systems are the basis of economic development, as evidenced by the practice of European countries. Innovative orientation is and remains important for creative economy development, because it is the innovative development of regional economic systems that allows to increase efficiency of the economic activity, to use available resources more rationally without harming the environment, to improve living standards and more. In turn, innovative orientation of economic development of regional economic systems requires the development of methodological approaches to assess the regional innovation efficiency. The outlined and others determined the relevance of the scientific research on the development of a methodological approach to assessing innovative development efficiency of regional economic systems, to which this article is devoted. As a result of the research, a methodical approach to assessing the dynamics of innovation efficiency of regional economic systems in the conditions of the creative economy development, which provides for four stages of its implementation, was developed. This approach allows to objectively analyze innovation efficiency of regions by determining the integrated index of innovation efficiency and the coefficient of the innovation efficiency dynamics, as well as to determine the most influential indicators that will further develop mechanisms to enhance innovation processes in regional economic systems and to increase their innovative development efficiency. The proposed methodological approach to assessing innovative development efficiency of Polish voivodeships has been tested.

FISCAL STIMULATION OF SPATIAL DEVELOPMENT: THE EU COUNTRIES’ CASES

Abstract. The objective of this article is to form the basis for strengthening the fiscal stimulus spatial development of regional economic systems in the context of decentralization. The methods of research: dialectical, synthesis, analysis, generalizations and monographic, abstraction and generalizations. Results. The authors consider the «fiscal space» as a certain economic spatial formation, formed by elements of the regional economic system, which are involved in the construction of budget components and management of financial flows. The positive impact of the fiscal policy’s implementation in the context of decentralization is highlighted, as well as a certain imbalance of certain areas that provoke the search for ways of fiscal policy objectives intra-regional coordination. Summarizing the experience of European countries on fiscal stimulation of the development of regional economic systems, the following trends are highlighted: first, the main regulatory instruments are tax and budgetary policies, the level of their development and independence in the regions of countries; secondly, regional fiscal policy is always subordinated to the national economic development strategy; thirdly, taxes are becoming a tool for both stimulating and restraining the regions’ development. The article proposes the ways to smooth out negative challenges and the task of regional development’s fiscal stimulation is defined. The experience of European countries allows us to explore the prospects for developing tools for fiscal stimulus to ensure the sustainability and modernization of the regional space. Conclusions. The experience of European countries in the implementation of fiscal policy in the context of decentralization and the functioning of local self-government is studied. Despite the binding nature and dominance of European norms in fiscal policy, each country has formed its own strategic goals in economic development. This allowed preserving the national identity of individual territories, the specificity of the cultural value’s impact on the fiscal stimulation of regional economic systems. The authors come to the conclusion that the adaptation of the best practices in European countries in the Ukrainian economy’s conditions requires their reformatting under the goals and strategies of national economic policy. Directions of implementation of EU countries’ experience in fiscal stimulus of regional space in Ukraine are identified in the article. Keywords: fiscal space, fiscal stimulus, fiscal policy, European models of fiscal policy, tax system, budget system, decentralization, regional economic system. JEL Classification E63 Formulas: 0; fig.: 0; tabl.: 2; bibl.: 23

Conceptual foundations of sustainable development of territorial-spatial entities

The need to form mechanisms for ensuring the sustainable functioning and development of regional economic systems causes a change in the forms of organization and integration of production on an innovative basis. This is becoming a priority task in conducting scientific research in the field of organizing the activity of territorial-spatial entities (TSE), assessing and monitoring the sustainability of their development in a strategic terms. At the same time, this can be realized only by determining the vector of sustainability in the presence of risk factors of the external environment and development trends of both TSE and the region’s economy as a whole. In this regard, in the article, in the context of the innovative development of regional economic systems, the conceptual foundations of ensuring the sustainability of territorial-spatial entities are considered as forms of the integration of industries, focused on the creation of innovation of the value of products (services).