Regional Economic Policy Research Articles

Regional economic policy, goals, results assessment (the Krasnodar region case)

Regional economic policy, goals, results assessment (the Krasnodar region case)

What influences the development of wine-producing regions? New economic opportunities in the eastern foothills of the Helan Mountains in China

The formation and development of wine regions require unique natural conditions and hundreds of years of technical and cultural accumulation. The development of the wine industry at the eastern foot of Helan Mountain in China, in addition to the appropriate geographical environment, the technical migration, and talent flow supported by consistent policies, have improved the allocation ability of resource factors and conversion efficiency, making it a world-renowned new wine-producing region in just 40 years. This particular mechanism deserves attention as new industries develop in other parts of the world. Using the methods of spatial autocorrelation, hot spot analysis, and geographic detector, this paper comprehensively analyzes the growth and spatial evolution characteristics of wineries in the eastern foot of Helan Mountain in China and deeply discusses the mechanism of the interaction between the localization of global floating capital and China's unique regional economic policies. It is found that the local selection of global floating capital has a spatial locking effect on the formation of CHMWR, and the rolling support policies of China's central and local governments promote the rapid expansion and regional spread of the number and scale of wineries, with significant spatial agglomeration and spatial diffusion. The profound mechanism of such changes lies in the dual interaction of the local selection of global liquid capital and the Chinese government's wine-producing policies adapted to the geographical environment. In this process, a series of internal and external factors such as the innovation of grape planting and wine-making technology, consumer market, and government behavior have accelerated the continuous growth of the wine-producing region at the eastern foot of Helan Mountain in Ningxia. This paper adds a new understanding and deep understanding of the interaction between the local implantation of economic globalization and the macro-control policies of the Chinese government.

Technology of State Regulation of Regional Economy: A Systematic Approach

The article is dedicated to the examination of the issues pertaining to the development of a framework for the regulation of the regional economy at the state level. The object of the research is the process of state regulation of the regional economy. The focus of this research is an examination of the interrelationships between the state and regional economic development, with a particular emphasis on the role of state regulation in fostering regional economic growth. The purpose of the study is to form the technology of state regulation of the regional economy based on the criterion of synergy arising as a result of the interaction of legislative, executive, and control and supervisory activities by public authorities. The article elucidates the manner in which the technology of state regulation of the regional economy is constituted. It encompasses a number of structural elements, including state institutional policy, state regulatory policy, legislative activity, executive activity, control and supervisory activity, regional economic policy, and the economic environment. These elements function in concert to reconcile interests and enhance social reproduction and sustainable economic development. Such an approach to state regulation of the regional economy will expand the opportunities of the federal center to positively influence economic dynamics at the regional level, which will minimize the amplitude of fluctuations in the level of GRP and smooth out regional differences in economic and social development.

Spatial and interindustry interactions in labour productivity convergence: An Industrial Journey via Galician Shires, 2010–2018

Regions and industries are not isolated islands; so, when evaluating productivity growth, regional and sectoral growth paths should not be expected to generate independently. Moreover, accounting for spatial interactions via econometric models has become normal practice; but modelling interindustry dependencies has not. Thus, we expand labour productivity econometric convergence models by introducing interindustry spillovers in addition to spillovers that are spatial in nature. To illustrate our findings, we present an empirical application predicated upon Galicia (extreme northwest Spain), a region posing major challenges to such modelling. Our results point to the relevance of interindustry spillovers in explaining productivity growth. Furthermore, the approach allows us to better interpret covariates that explain the different growth paths across regions and industries, thus enabling more reliable policy recommendations. We find that interindustry dependencies transmit productivity shocks across regions. In addition, our results suggest that spatial and interindustry dependencies should be considered when formulating (sub)regional economic development policies. Finally, our approach corrects possible misspecification problems that arise from data scarcity. This makes it a viable alternative for multiregional econometric tests in which some sectoral detail is needed. It is particularly useful for sets of regions where data needed to populate such models is scarce.

Development of the gas industry of the Orenburg region during the period of market reforms

The relevance of the topic is related to the need to study those industries of the region that are points of growth and drivers of development of the region. Such industries play an important role in the socio-economic development of the region, therefore, studying the problems of development of such an industry as the gas industry is an urgent task of economic science. The purpose of the article is to identify patterns and features of the development of the gas industry in the Orenburg region, its role in the development of the region, as well as problems that require urgent solutions. The scientific novelty of this research lies in the fact that the work substantiates the position on the development of the gas industry in accordance with such economic laws as the laws of increasing needs, saving time, scale of production, competition, and the effect of experience. The features of the regional gas industry related to the multicomponent composition of gas are highlighted, which made it possible to develop the chemical industry in the region. The article also identifies the problems of development of the gas industry. The article is based on a positive research methodology; the following methods were used: analysis, synthesis, induction, deduction, tabular, generalization, comparison, logical, historical and statistical analysis. Based on systematic and integrated approaches, cause-and-effect relationships between the development of the gas industry and the level of socio-economic development of the region have been identified. The practical significance of the study lies in the possibility of using its results in developing a regional development strategy and implementing regional economic policy. It is proposed to continue further research in the direction of scientific analysis of industry problems and the development of scientifically based recommendations for solving them.

The Complex Approach to Environmental and Technological Project Management to Enhance the Sustainability of Industrial Systems

To achieve sustainability, industrial systems need to be modernized to improve resource efficiency while optimizing environmental and social performance. The implementation of environmental and technological projects is a complex management process and requires sufficient innovative potential and serious investments, which not every company can provide. Network integration of companies, providing synergy of resources and potentials, is an effective tool for the development and implementation of innovative technologies that allow achieving optimal resource efficiency indicators. An integrated complex approach to the formation of a cross- industrial system on the principles of network integration and partnerships ensures technological interaction between companies, optimizes the methods and forms of their economic activities, allows integration participants to achieve strategic goals and ensure environmental and social effects for the territory of presence. The sustainability of such a system is expressed in its ability to withstand internal threats and external challenges. Approaches to balancing environmental and technological effects while simultaneously analysing social efficiency have not received sufficient development in scientific research. This article discusses an approach to the selection of environmental-technological projects based on criteria for assessing the sustainability and resilience of industrial systems. The authors’ approach has been tested using two industrial symbioses of advanced socio-economic development territories in the city of Novotroitsk (Orenburg region, Russian Federation). The authors presented calculated indicators of resource efficiency before and after the formation of a cross-sectoral industrial system in order to identify social and environmental effects in Novotroitsk. This approach to the assessment of environmental and technological projects allows to concentrate government support measures on the general priorities of the implementation of regional economic and industrial policies.

THE ROLE OF BANKING SYSTEM IN PROVINCIAL ECONOMIC DEVELOPMENT: A STUDY OF TURKIYE, FROM THE 70S TO THE 2000S

This research examines the relationship between banking activities and provincial economic development. In particular, the study offers insight on the nature of the regional economic development discrepancies in Turkiye. The study finds that, despite the trend towards decentralisation that takes place in regional economic policies, the banking system adopts centralisation policies. Using dynamic generalised method of moment (GMM) estimates, we evaluated a unique data set including 39 years of provincial demographic, socioeconomic, and financial factors in Turkey. The study demonstrates that the banking intermediation is detrimental to provincial development. The Turkish banking system’s hierarchical structure prevents financial intermediaries from fulfilling their role in fostering development. Consolidation and concentration strategies must be reassessed, since they tend to favour centralisation, which has been shown to be inefficient for regional convergence. The results also suggest that branch managers should be granted greater decision-making authority to make better use of locally produced information when approving or rejecting projects, which would eventually lead to a reduction in provincial disparities.

Energy Supply Security and Trade Routes Competition between European and Asian Countries: The Geoeconomic Importance of Azerbaijan

Azerbaijan's abundant energy resources and its role as a key transit hub for pipelines have made it a focal point in the geoeconomic policies of its energy-rich neighbors and European countries with significant energy demand. This study aims to conduct a geoeconomic evaluation of the energy sector and trade routes, which have been central to the Europe-Asia competition for centuries, focusıng on regional economic policies centered around Azerbaijan. It has analyzed the existing and planned potential route projects for trade and energy supply between the two continents, providing an assessment of possible gains and losses on regional and global levels. This analysis has been presented in the form of geoeconomic parameters derived from numerical and descriptive content analysis.

Pemetaan Potensi Ekonomi Wilayah Di Kalimantan Tengah Menggunakan Integrasi Analisis Klaster Hirarki, Shift-Share, Dan Location Quotient Dinamis

This research aims to map the economic potential in the Central Kalimantan region using the integration of three analytical methods, namely Hierarchical Cluster Analysis, Shift-Share, and Dynamic Location Quotient. Through this approach, this research identifies economic sectors that have comparative and competitive advantages at the local level and have the potential for further development. Hierarchical Cluster Analysis is used to group regions based on similar economic characteristics, while Shift-Share Analysis helps in determining sectors that contribute to regional economic growth. Dynamic Location Quotient is applied to assess changes in the comparative advantage of economic sectors over time. It is hoped that the results of this research can become a reference for stakeholders in formulating appropriate regional economic policies to encourage sustainable economic growth in Central Kalimantan.

Methodology for Assessing the Quality of the Economic Space of the Region

Introduction. The relevance of the topic is determined by the need for theoretical and methodological justification and practical study of the problem of measuring the quality of the economic space of Russian regions and its influence on the development of the regional economy. The absence of this type of research increases the significance of this work. The purpose of the study is to develop methodological issues for measuring the quality of the regional economic space and substantiate the methodology for its integral assessment. Materials and Methods. The object of the study was Russian regions and their socio-economic state. The authorsʼ methodology is based on system analysis, econometric modeling using indices calculated on panel data for regions, as well as the method of expert surveys. To obtain quantitative estimates of the economic space based on Rosstat data, an information base was created for 85 regions of the Russian Federation, covering the period from 2007 to 2021. A typology of Russian regions has been carried out according to the level of the integral indicator of the quality of the economic space. Results. An original methodological approach is proposed, based on a systemic assessment of the total influence of a set of factors on the quality of the regional economic space. Within the framework of this approach, a methodology for measuring the quality of the economic space of a region has been developed and tested. Regions were grouped according to the level of the economic space; based on econometric modeling and empirical data, the influence of the economic space on the gross regional product per capita of Russian territories was established. Discussion and Conclusion. It is proposed to carry out a relative assessment of the quality of the economic space using a system of indicators grouped into three blocks: “input”, “process”, “output”. Such a structure of indicators is capable of systematically reflecting the strengths and weaknesses of a particular region, the sources of regional spatial dynamics, and therefore can be used for an integral assessment of the level of development of territories. The results of the study can be used in the development and implementation of regional economic policy, and will also be useful to specialists and government officials involved in the development of strategic directions for improving the territorial structure of the Russian Federation.

The spatial effect of integrated economy on carbon emissions in the era of big data: a case study of China

The digital economy has the characteristics of resource conservation, which can solve China’s high carbon emissions problems. The digital economy can quickly integrate with the real economy, forming an integrated economy. However, it is still unclear whether an integrated economy can effectively reduce carbon emissions and achieve China’s ‘dual carbon goals’. Therefore, this study takes 30 provinces in China as the research object, constructs the integration economy index system through the statistical data from 2011-2021, and explores the spatial effect of the impact of the integration economy on carbon emissions by using principal component analysis, coupled coordination model and spatial econometric model. The research results are as follows. (1) From 2011 to 2021, the comprehensive economy showed a trend of increasing yearly (from 0.667 to 0.828), and carbon emissions showed a slow decrease (from 0.026 to 0.017). (2) Due to the infiltration of China’s economic development from the eastern to the western, the spatial distribution of the integrated economy shows a decreasing trend from east to west. The spatial distribution of carbon emissions may be related to China’s industrial layout of heavy industry in the northern, and light industry in the southern, showing a trend of low in the south and high in the north. (3) The integrated economy can significantly reduce carbon emissions (the coefficients of influence, -0.146), and the reduction effect will be more obvious if spatial spillover effects are taken into account (-0.305). (4) The eastern coast, the middle reaches of the Yangtze River, and the middle reaches of the Yellow River economic zones all increase carbon emissions at a certain level of significance (0.065, 0.148, and 3.890). The Northeast, South Coastal and Southwest economic zones significantly reduce carbon emissions (-0.220, -0.092, and -0.308). The results of the Northern Coast and Northwest are not significant (-0.022 and 0.095). (5) China should tailor regional economic development policies, such as strengthening investment in digital infrastructure in the Northwest Economic Zone and fully leveraging the spatial spillover effects of integrated economy in the Northeast, Southern Coastal, and Southwest Economic Zones to reduce carbon emissions.

Globalization of Automobile Supply Chain: A Case Study Based on BYD’s Globalization strategy

With the development of global trade and the acceleration of economic globalization, it has become normal for automobile manufacturers to expand their production and sales to transnational markets. BYD is famous for its innovation in hybrid and pure electric vehicles. The company’s example provides a useful reference for studying the application and landing of new energy vehicle technology on a global scale. Through the analysis of BYD case, we can understand the role and influence of new energy technology in the globalization of automobile supply chain, which is of positive significance to promoting sustainable transportation and reducing carbon emissions. The globalization of automobile supply chain not only involves market demand and technological innovation, but also is influenced by national and regional economic development and policy support. Through the case study of BYD, we can analyze the role of national policies and economic environment in the globalization of automobile supply chain, and provide reference for formulating relevant policies and strategies.

Special economic zones and the influence of transport modes: proposal of a theoretical model appropriate to the brazilian reality

Special Economic Zones (SEZs) have become in recent decades an important strategy for economic stimulation. The SEZs are associated with regional development policies and the fight against economic stagnation. The effectiveness of a SEZ depends on the regional economic context, its potential, incentive policies and investment attraction, as well as the supply of infrastructure for productive development. Thus, this study aims to establish a theoretical/hypothetical relational model that represents the influence of transport modes on the effectiveness of a regional development strategy of the SEZ type. To reach the proposed objective, an extensive Systematic Literature Review was carried out with the help of the scientific platforms Connected Papers and Ryyan, aligned with research in the main academic databases (Scopus, Web of Science, EBSCO host, ieeeXplore, Emerald insight). A qualitative approach, inductive logic, and interpretivist epistemology were adopted. The results of the study suggest a theoretical/hypothetical model composed of eight hypotheses and nine constructs (factors that enable SEZ effectiveness, factors that compromise the SEZ effectiveness, SEZ effectiveness, modals of transport, SEZ performance, SEZ program, SEZ characteristics, contextual factors and regional development. The study improves the regional development literature and especially the Special Economic Zones theme by establishing solid theoretical relationships among the suggested constructs.

Theoretical Foundations for the Formation of Regional Economic Policy in Domestic and Foreign Practice

Relevance. This article examines the theoretical foundations of the formation and development, as an independent discipline, of regional economic policy in the works of domestic and foreign practitioners who studied such aspects as economic geography, theories of interregional development and regulatory mechanisms. The author analyzes the ongoing regional economic policy during the Soviet period and identifies its positive and negative aspects. The theoretical basis of economic policies implemented in the regions turns out to be an indispensable source of information for researchers and politicians who not only seek to understand the characteristics of the economic situation in certain regions, but also to develop effective measures for their comprehensive development.The purpose is to analyze domestic and foreign works in the field of regional economics, determine their significance for modern research, as well as identify factors influencing the development of economic indicators of the regions. Objectives: to reveal the essence of regional economic policy, to determine the degree of knowledge of regional economic policy in the works of domestic and foreign practitioners at the present stage and in past centuries.Methodology. This work uses the method of theoretical analysis of the sources of the problem under study, the method of historical and logical analysis and assessment of the current situation. Results: the main goals of regional economic policy are formulated; the theoretical foundations of regional economic policy have been identified; the contribution of domestic and foreign scientists to the development of the regional economy was considered; an analysis of the periods in which research took place in the field of territorial and economic processes in Soviet practice was carried out; the key issues on which research in the field of regional economics in the USSR focused were identified; the author's positive aspects of regional economic policy during the Soviet period are presented; It has been determined that the concept of industrial policy is the theoretical basis of the regional economy.Conclusions. Regional economics as a scientific discipline has made a huge contribution to the economic policy pursued in the regions, which has made it possible to increase the socio-economic indicators of the development of these territories.

ИССЛЕДОВАНИЕ ВЛИЯНИЯ ГЛОБАЛЬНЫХ ЭКОНОМИЧЕСКИХ ТЕНДЕНЦИЙ И ГЕОПОЛИТИЧЕСКИХ СДВИГОВ НА ФОРМИРОВАНИЕ РЕГИОНАЛЬНОЙ ЭКОНОМИЧЕСКОЙ ПОЛИТИКИ

The purpose of the article is to investigate the processes of influence of global economic trends and geopolitical shifts on the formation and implementation of regional economic policy. Discussion: theoretical research and practical aspects of research, identification and justification of directions for the formation and implementation of effective regional economic policy are very complex and contradictory, which confirms the importance and significance of the issue under consideration. Results: the article attempts to study the processes, trends and geopolitical shifts that have a significant impact on the effectiveness of regional economic policy, as well as analyze specific areas that should be formed to achieve strategic goals. The relevance of this article is determined by the fact that in order to form an effective economic policy in the regions, taking into account the ongoing global economic trends and geopolitical shifts, it is necessary to analyze and monitor processes, as well as identify deviations and possible weaknesses that require additional research at the meso level. This article serves as a starting point for a deeper understanding of the vectors of implementation of regional economic policy in the Russian Federation. Analyzing the ongoing processes and ongoing reforms, the degree of their impact on macro and meso-economic indicators and processes taking place in the external environment, the author makes a modest contribution to the scientific discourse on regional economic development. The scientific approach, combined with data and digital support from reputable sources, emphasize the importance of implemented strategies, taking into account the specifics of the region, to solve problems and use the existing potential and the transforming economic landscape. Thus, the study of the impact of global economic trends and geopolitical shifts on the formation of regional economic policy remains at the forefront of the regional economic agenda of the state.

Проблемы регионального развития Кыргызстана в условиях новых вызовов

The current situation in the world reflects the peculiarities of the interaction between American democracy and surrounding countries. All global economy participants need to determine their own position regarding the events taking place in the world and the growing confrontation. Under these conditions, there is a serious drop in the socio-economic sphere of the Kyrgyz Republic, which determines the relevance of studying the topic. The article shows the conditions and trends of socio-economic development of the Kyrgyz Republic’s regions and the features of its socio-economic development for 2010–2023. The issues of uneven regional development are discussed, in particular, the problems of regional economic policy in the context of modern challenges such as the geopolitical situation and digitalization processes, as well as the peculiarities of the trade relations formation are identified. The aim is to identify the key problems of regional development in the Kyrgyz Republic. The author conducts research of statistical material and publications of domestic and foreign scientists using the methods of analysis, synthesis, and induction. The study proposes measures to stabilize the situation in the region and the direction of economic policy in the new conditions of world economy. The most important measure is effort to increase the investments attraction in key sectors of the economy. The prospects and opportunities of the Kyrgyz Republic Government in overcoming key regional problems are considered.

ЭФФЕКТИВНОСТЬ РЕГИОНАЛЬНОЙ ЭКОНОМИЧЕСКОЙ ПОЛИТИКИ В УСЛОВИЯХ НЕУСТОЙЧИВОГО РАЗВИТИЯ

The purpose of the article is to consider the conceptual directions of formation and development of regional economic policy in conditions of unstable development. Discussion: theoretical constructions and practical techniques for studying and substantiating the directions of sustainable policy formation are very complex and ambiguous, which confirms the importance of the issue under consideration. Results: the article attempts not only to assess the effectiveness of regional economic policy, but also to analyze specific tasks being solved to achieve common goals. The relevance of this article is due to the fact that in the modern world, in order to further move towards improving economic policy in the regions of the country, it is necessary to have a comprehensive picture of the work and projects already carried out, their positive and negative impacts, as well as to identify weaknesses that have not yet been worked out by local governments for further strategic planning. This article serves as a starting point for a deeper understanding of Russia's regional economic policy. By analyzing reforms, economic indicators and external influences, we contribute to the scientific discourse on regional economic dynamics. The scientific approach, combined with information from reputable sources, emphasize the importance of adaptive strategies, taking into account the specifics of the region, to solve problems and take advantage of the opportunities of the changing economic landscape. As Russia moves forward, armed with knowledge and insight, sound policy-making and sustainable development remain at the forefront of the country's regional economic agenda.

The Foreign-Trade Zone and its Impacts on Neighboring Communities in Mobile, Alabama

abstract: The foreign-trade zone (FTZ) has become an essential part of national trade policy in the United States and an important aspect of promoting local development. Officially opened in its current form in 1983 under the official title of FTZ No. 82, the foreign-trade zone in Mobile, Alabama has become an integral part of the local economy and an important tool used by local councils for attracting overseas firms. Located primarily along the west banks of the Mobile Bay and Mobile River, with several sites dispersed throughout Mobile and Baldwin counties, the zone has been used as a catalyst for regional economic growth policy. The purpose of this study is to analyze the external costs and benefits to the local community using observational data and interviews with local authorities familiar with the zone. Qualitative findings indicate the zone has been a major source of foreign direct investment for Mobile and contributes to local economic development by attracting major transnational firms to the city. However, observations and interviews suggest the zone has primarily benefited large firms at the expense of smaller firms, provided little spillover into neighboring boroughs, and adversely affected the local environment and public health.

An Ecosystem Approach to Balanced Territorial Development

Relevance. The problems of sustainable development of rural areas are extremely relevant nowadays, especially in the context of deepening localization and the increasing role of territorial and natural resources. research objective. The purpose of the article is to develop theoretical and methodological aspects of sustainable development of territories, encompassing rural areas with small urban settlements, based on the ecosystem approach to form a unified multi-level strategy for the development thereof. Method and data. The paper substantiates an application of the ecosystem approach to the development of rural areas in increasing the efficiency of rural businesses, budgetary spending through prioritization of state support recipients, stimulating sustainable development of enterprises and the industry, and increasing the consistency of regional economic policy. The conceptual foundations of this approach are presented, and an algorithm to select participants in a rural ecosystem is proposed. results. The proposed approach allows operationalizing self-organization processes in an ecosystem, ensuring a balance of interaction processes of its participants. The research results have contributed to solving the problem of territorial socio-economic ecosystem formation by proposing an algorithm to select target indicators for achieving sustainable development goals, taking into account the specifics and development trends of territories. Conclusions. The conclusions arising from the conducted research provide scientists, government bodies with the necessary information for a better understanding of practical mechanisms to provide balanced territorial development, ensure the move from fragmentary unsystematic measures of state support to effective differentiated and targeted regional policy of rural areas.

Contextual Nonlinear Typological Analysis as a Tool for the Formation and Implementation of Regional Economic Policy

The article outlines the main theoretical and methodological positions on the formation and implementation of regional economic policy in relation to technological innovations. It is based on contextual typological analysis using economic and mathematical modeling, where the key role is played by the hybrid principal component method and scaling technology. Official statistics data are used as information and analytical support. The concept of network rating for spatial economic systems is introduced and the analysis of regional systems is carried out. A convenient visualization system for analyzing and making management decisions based on statistical information is proposed.