Regional Economic System Research Articles

Methodology of Monitoring Social and Economic Development in Regional Economic Systems (illustrated by the Altay Area)

The article studies such notions as ‘methodology’, ‘regional economic system’, ‘monitoring of regional economic system’. The author provides his own definition of the notion ‘monitoring of social and economic development of regional economic systems’ and highlighted 6 key stages of its conducting: organizational, information collection, information preparation, data analysis, forecasting and modeling, conclusion preparation and their publication. As an example of monitoring the author chose a regional program, which affects directly the development of social component of the regional economic system, in particular, the achievement of high standard of living at the expense of cutting poverty rate and raising real income of the population. The author conducted analysis by the proposed methodology using open sources of information. In this analysis he used the method of standard values with estimation of the program implementation efficiency. On the basis of monitoring results a conclusion was drawn about the efficiency of the given regional program in the Altay area in view of high figures of efficiency by set goals and indicators of the regional program.

Modeling the impact of the agricultural sector on the development of the regional economic systems

The purpose of the article is to study the role of the agricultural sector in the development of regional economic systems. The article uses general scientific and specific research methods, including: abstraction, analysis and synthesis, generalization, statistical and comparative analysis, dialectical and graphic. Within the framework of the study, it is proposed to investigate the impact of the agricultural sector on the regions’ development using the correlation-regression analysis method. The use of the specified methodology made it possible to simulate the regularity of the influence of the volume of agricultural products sold on the gross regional product. The authors investigated the challenges faced by the agricultural sector since the full-scale invasion of Russia on the territory of Ukraine, among which the following are highlighted: the danger of the farmers’ work, limited access to land plots, equipment, fuel and fertilizers, minefields of agricultural land, crop decline, significant economic losses, insufficient resources, destroyed or damaged agricultural enterprises. The share of regions in agricultural production was analyzed, the leader and the outsider regions were distinguished. The study analyzed the impact of the agricultural sector on the development of the Carpathian Economic Region of Ukraine, which includes the Lviv, Chernivtsi, Transcarpathian and Ivano-Frankivsk regions. The results of the study demonstrate a significant relationship between the parameters of the volume of agricultural products sold and the gross regional product in Lviv (0.8801), Chernivtsi (0.8962), Transcarpathian (0.9674) and Ivano-Frankivsk (0.8985) regions. Also, the results of the calculations prove that the defined regression model is significant and corresponds as closely as possible to the real functioning model for all four regions.

Направленность предпринимательства как фактор устойчивости региональных экономических систем

The article scrutinizes the problem of the influence of entrepreneurship and entrepreneurial structures operat-ing in the territory of a particular region – the subject of the Russian Federation, on ensuring the sustainability of the regional economic system. According to the criterion of orientation to the interests of the region as the terri-tory of location of entities and objects of entrepreneurship, the authors proposed a typology of entrepreneurial activity. The forms of influence of different types of entrepreneurship on the sustainability of the regional eco-nomic system are determined. The concept of “region-oriented entrepreneurship” as a specific characteristic of entrepreneurs and entrepreneurial activity carried out in the interests of the development of a particular region is proposed and substantiated, the coefficient and methodology for assessing this indicator are suggested. Conclusion dwells upon the significance of the aggregate region-orientation of entrepreneurship as a factor of its socio-economic development and one of the key factors in ensuring the sustainability of the regional eco-nomic system.

Florida Pest Management Industry Economic Contributions Report

Florida's pest management industry is one of the nation’s leaders, accounting for more than 14 percent of pest management establishments in 2021. Among other services, this industry provides insect extermination and control, bedbug extermination, mosquito control, termite extermination and control, and rodent control and extermination. The market share concentration of the Florida pest management industry has increased due to consolidation during the past decade, but the general concentration within the industry has remained relatively low. Most operators are midsize or small and strategically located near densely populated areas. To estimate economic contributions of the Florida pest management industry for the most recent fiscal year, we sent survey questionnaires to more than 3,500 pest control firms and received responses from 764 of them. We then conducted an economic contribution analysis using the IMPLAN© regional economic modeling system and associated databases.

Florida Pest Management Industry Economic Contributions Report

Florida's pest management industry is one of the nation’s leaders, accounting for more than 14 percent of pest management establishments in 2021. Among other services, this industry provides insect extermination and control, bedbug extermination, mosquito control, termite extermination and control, and rodent control and extermination. The market share concentration of the Florida pest management industry has increased due to consolidation during the past decade, but the general concentration within the industry has remained relatively low. Most operators are midsize or small and strategically located near densely populated areas. To estimate economic contributions of the Florida pest management industry for the most recent fiscal year, we sent survey questionnaires to more than 3,500 pest control firms and received responses from 764 of them. We then conducted an economic contribution analysis using the IMPLAN© regional economic modeling system and associated databases.

Coupling Coordination Relationship and Driving Force Analysis between Gross Ecosystem Product and Regional Economic System in the Qinling Mountains, China

As a new concept for systematically evaluating ecosystem services, Gross Ecosystem Product (GEP) provides an effective means to comprehensively reveal the overall status of the ecosystem, the impact of economic activities on the ecological environment, and the effectiveness of ecological protection efforts. GEP accounting has been conducted in various regions; however, GEP’s application in natural reserves still requires further exploration. Taking the Qinling Mountains as the research area, this paper aims to assess the relationship between GEP and economic development on the basis of the GEP accounting system. The results indicated that: (1) From 2010 to 2020, GEP tended to increase continuously and exhibited a distribution pattern with high value regions in the east and west, and low value regions in the north and south. (2) Over the years, the coupling coordination degree between GEP and GDP was in a consistent upward trend. In 2020, a good coupling coordination state between GEP and GDP was achieved in most districts and counties. (3) With the relative development between GEP and GDP, the social economy of most districts and counties lagged behind GEP in 2010. The number of districts and counties lagging in GEP in 2020 increased, while the number of regions with a balanced development of GEP and GDP was still relatively discouraging. (4) In general, elevation, contagion, temperature, population density, and precipitation were the main drivers of coupling coordination degree between GEP and GDP. If the relationship between economic development and ecological environmental protection can be reasonably balanced, it will further promote the sustainable development of nature reserves, and provide a scientific basis for sustainable policy-making in other similar areas.

The economy of Tuscany in the post Covid-19 era: struggling with energy crisis and inflation. What to do to resume the journey?<sup>1</sup>

<abstract> <p>The Covid-19 pandemic has wrought significant challenges on both national and regional economic systems, resulting in an exacerbation of poverty and a deceleration of economic growth. These repercussions have led to increased social tensions and discontent.</p> <p>Tuscany a key player in the Italian and European economies, warrants scrutiny concerning its economic structure post-pandemic, particularly in relation to the role played by industry districts and the ways for it to get out of the crisis and get back on track.</p> <p>This paper undertakes an analysis of the strengths and weaknesses of the Tuscan economy, with a focus on EMAS-APO industry districts. It examines the region's standing in terms of national and European ERCI competitiveness, placing it at an average level. Additionally, the region ranks in the third decile of the DESI digitalization, indicating a commendable technological dynamism. An equally satisfying spending power in R&D, in percentage of GDP higher than the national one, and ranking 6<sup>th</sup> in the regions' rank, is flanked by a particularly vigorous innovation capacity of the production sector.</p> <p>Employing a symmetric branch-by-branch SAM 2019 analysis, derived from a sector-by-product 2014 SAM constructed by IRPET, serves as the foundational step in understanding the interventions and investments necessary for resuming growth.</p> <p>While affirming Tuscany's competitiveness, digitalization and technological dynamism, the analysis underscores the pivotal role of manufacturing. Notably, the textile, fashion and leather sectors hold significant weight, along with the slightly less impactful paper and pharmaceutical sectors, and the noteworthy role of tourism. The region emerges as innovative, competitive and export-oriented, albeit with certain sectors grappling with environmental challenges.</p> <p>The IMM based analysis reveals a satisfactory average integration degree of the production system, suggesting that, for an effective, robust and sustainable post-Covid recovery and economic resurgence, focused investments and demand stimulus policy should be directed towards the textile, fashion and leather industries. Additionally, there is a strong indication to channel investments into pharmaceuticals and health care, and on transportation (especially freight transportation), as well as wholesale and retail trade. While weaker, there is a notable suggestion to invest in metallurgy, computer hardware, tourism and paper industries.</p> </abstract>

Directions of ecological business development in the regional economic system

Today, the development of ecological entrepreneurship is a demand of the times, and it depends on the production potential of the regions. The most important aspect of the regions is its economic system, which focuses on the ecological aspects of the development of entrepreneurship, which is determined by the importance of the development of ecological entrepreneurship. These issues are directly reflected in this article written by the authors, in which Khorezm region was chosen as the object of research. Also, in the article, a SWOT-analysis of the development of ecological entrepreneurship in the region was carried out, by carrying out this analysis, priority directions for the wide development of ecological entrepreneurship in the region were proposed, and this allows for the development of plans and programs aimed at the future development of the region.

Digital business ecosystem: social significance and key determinants

The article focuses on the study of the issue of transition from traditional business models. to ecosystems of the digital economy, which today is the basis of building a prosperous society. It was determined that the digital entrepreneurial ecosystem is a dynamic network, the participants of which are interdependent and interconnected within regional territorial economic systems. It has been proven that each ecosystem is unique and divided into two types - a solution ecosystem (which creates or provides goods or services by coordinating various market participants) and a transaction ecosystem (which connects independent producers of goods or services with customers through a single platform). During a comparative analysis of digital entrepreneurial ecosystems with other formal entities, it was determined that the ecosystem may not require a mandatory territorial community of participants, unlike a cluster and business incubator, and is also the most flexible and dynamic, providing conditions for the creation and rapid growth participants based on their increased interaction and application of digital technologies. It was revealed that in the process of creating a new dynamic model, namely a digital entrepreneurial ecosystem, one should take into account the catalysts of economic activity: peculiarities of financing the entrepreneurial sphere; state business support programs; free business training; distribution channels of ecosystem research and development; openness of the market; formation of innovative, informational, financial, logistical, digital infrastructure, as well as compliance with cultural, social and environmental norms. It is noted that a rationally formed digital entrepreneurial ecosystem as a dominant form of joint economic activity enables participants, namely enterprises or individuals, to be adaptive, minimize their own costs, establish communication with consumers, individualize interaction with contact persons, more promptly implement the values of their activities for population - high-quality new products and services, expand the consumer base, receive regulatory, infrastructural and innovative support from state structures.

A study on the dynamics of regional economic differentiation in China under big data environment combined with neural network algorithm

Abstract China’s economy is in a state of rapid development in today’s digital era, and big data technology has become a key force in promoting industrial upgrading and economic operation. The article first constructs 14 economic operation indexes in 7 aspects to establish the regional economic index system according to each type of regional economy. After researching BP neural networks, a TMBA-BP neural network prediction model based on adaptive t-distribution has been proposed. The prediction model is used to predict the economic development of Liaoning City, and the results show that the TMBABP prediction model is accurate. Finally, the Gini coefficient is combined with the TMBA-BP model to explore the causes of regional economic differentiation in China. In terms of the contribution rate of regional differences, the inter-regional contribution rate is higher than the intra-regional contribution rate. It indicates that in the big data environment, the main reasons for the obvious regional economic differentiation in China are inter-regional differences, followed by intra-regional differences.

ЛЮДСЬКИЙ РОЗВИТОК ЯК ОСНОВА СТРАТЕГІЧНИХ ПЕРЕТВОРЕНЬ РЕГІОНАЛЬНОЇ ЕКОНОМІЧНОЇ СИСТЕМИ

The article reveals the importance of human development for successful strategic management of economic systems. The article implements the goal of studying the components of the development of the socioeconomic system and substantiating the feasibility of ensuring the adequacy of strategic and, accordingly, tactical tasks of human development with the strategic tasks of the development of the Transcarpathian region. The study showed that the strategic management of the regional economic system and its human component is based on four stages, for components, which include the definition of the development goal, the outline of strategic tasks, strategic planning and the implementation of the strategy and strategic plan. At the same time, each stage of strategic management of the entire system is adequate to the stages of strategic management of human potential. The proposed goal of human development of the regional economy, which determines the main strategic tasks: the formation of a culture of development and education of the needs of development and learning throughout life. The combination of these two tasks leads to the formation of an innovative and ecologically oriented economy. It is recommended that it is advisable to move from the level of strategic tasks to the level of strategic planning, to the level of developing plans within which the specified tasks will be implemented. The strategic plan is similar to the plan of current actions and may include a) a specific measure aimed at solving the task (including the task of human development); b) the mechanism of implementation of planned actions (including human development); c) terms; d) responsible structures; e) budget. The proposed comparative correspondence of the strategic tasks of qualitative transformations of the regional economy to the strategic tasks and tasks of the tactics of human potential development.

Market-financial mechanisms of institutional support for the economic development of the Republic of Crimea

A strong system of banking services and a sufficient size of their loan portfolio in the region contribute to business development, reducing barriers for it when investing in new production facilities. Therefore, it is relevant and important to consider the functioning and dynamics of the financial and banking sector in any region. The Paul Romer model presented in the study explains the speed of technological change, including through sensitivity to the interest rate. The article presents a study on an urgent scientific problem related to the factors representing the dynamics of the "consumption" category in the Crimean region. It shows the following influencing elements on this process: the stabilization price policy, the policy of state support for increasing the welfare of citizens, the trends of increasing the regional gross product. These factors contribute to an increase in consumption, demand and savings, which, in turn, creates opportunities for the formation of the resource potential of loans and investments in new production opportunities. The growth rate of the average monthly nominal accrued salary is also growing. To track trends in the economic assessment of the financial activity of the region, a mapping of the business process for assessing the dynamics of financial activity of the Republic of Crimea for 2015-2021 was carried out (depending on the depreciation of fixed assets on the average interest rate on loans issued to business entities for a period of more than 3 years in the Republic of Crimea). Conclusions are drawn about the formation of rational tools in the financial sector for the development of an effective mechanism for balanced growth of the regional economic system.

Development of innovative potential of agriculture in the southern regions of the Kyrgyz Republic

Agriculture has a huge impact on the economic indicators of development of the Kyrgyz Republic, but faces several difficulties, the most serious of which are population growth, land degradation, poor financing of the industry, which significantly affects the insufficient volume of products produced and affects the development of the regions. The work examines the possibilities of implementing agrarian-economic policy on a scientific basis, examines indicators and current development tasks in theoretical and practical aspects, in areas such as the creation of innovative competitive industries. The main research method used was data from official statistical information of the Kyrgyz Republic on economic indicators, the direction of exports by type of agricultural products. The criteria for the production specialization of the southern regions are highlighted; it is clear that the economic potential of the regions is far from being fully used and has prospects for innovative development. The study used methods of economic-statistical and legal analysis, the theory of the regional economic system, and gave the level and structural analysis of the development of territories. As a further improvement of the agrarian and economic development of the regions and based on the results of the study, some problematic fragments of regional policy were identified and directions for improving agricultural development were recommended.

Modeling of Functional Relationships of Regional Economic Systems Based on Small Samples Based on Bayesian Intelligent Measurements

Regional economies, which are economic subsystems of a socio-ecological-economic system, are characterized by rapidly changing conditions affecting their functioning. Therefore, traditional approaches based on long-term trends and the construction of appropriate models are not enough for modeling and need to be over updated, including through combination with other approaches that take into account the volatility of conditions. Open sources datasets are fraught with uncertainty (different sources may have different values for the same indicator). So, some indicators are being constantly adjusted: changes are introduced into datasets from the previous periods; evaluation periods are not sufficient for model construction that would be methodologically valid from the point of view of mathematical statistics, Additionally, the results of functioning depend on influencing factors as well as measurement results. These problems lead to the need to resort to probabilistic estimates and the incompleteness and fuzziness dataset, as well as to obtain samples of sufficient volume from low-power data. The purpose of the study is to model the relationship between the volume of gross domestic product and the factors characterizing the functioning of the economic subsystem of the regions, under the conditions of uncertainty and limited data in a given period of time. The case study is constructed on The Tula region dataset. The working hypothesis is that it is possible to construct a methodologically correct econometric models using the dataset of a specific region of the Russian Federation over a certain period of time. We applied the methods of econometric modeling and the methodology of Bayesian intelligent measurements, as well as the methodology for generating a sufficient amount of data on small samples. For the Tula region and dataset for 2022, nonlinear models for the GDP by region volumes (14 sections of the NACE) were built. This made it possible to test the presented methodology based on a combination of econometric and Bayesian approaches to modeling the complex systems functioning, with conclusions having both theoretical and practical value for the region's sustainable development.

Розвиток потенціалоформуючого простору регіональних економічних систем на засадах цифровізації

The article studies the peculiarities of forming the potential-forming space of regional economic systems. The peculiarities of the functioning of regional economic systems in the context of the digitalization of the economy are substantiated. It is determined that today, the issues of allocating types of potential are complex, which significantly expands the methodological approaches to its assessment. It is proved that the development of the potential-forming space is aimed at improving the population’s welfare, reducing unemployment, and intensifying the introduction of digital technologies, which will increase the overall competitiveness of regional economic systems. It is substantiated that a wide variety of natural conditions, the level of development of productive forces, peculiarities of labor and natural resources allocation, and historically formed areas of specialization necessitate considering many local positive and negative factors that affect the processes of use and development of the potential of regional economic systems. The main elements that make up the potential-forming space are allocated, which allows the formulation of appropriate directions for the development of regional economic systems in the new conditions of digitalization. It has been proved that the digitalization of regional economic systems is a complex process that requires close cooperation between government, business, scientific institutions, and the public to implement relevant programs successfully. It is established that the introduction and modernization of information and communication infrastructure is one of the key elements based on the use of broadband Internet technologies, improvement of network security, and development of digital platforms. The development of the e-government system, which significantly improves the accessibility and efficiency of public services, reduces bureaucracy. It is determined that in the framework of the development of regional economic systems, digital infrastructure (hubs, incubators) is currently actively used as a platform for supporting local entrepreneurship and contributing to creating an environment for innovative development. Keywords: development, potential, regional economic systems, digitalization, space.

Влияние санкционных ограничений на структуру и динамику экономики Северного Кавказа

Growing geopolitical tensions and sanctions imposed against our country have determined the need for structural changes in the domestic economy. In this regard, the task of ensuring sustainable development of regional economic systems begins to play a special role. The article analyzes the impact of sanctions restrictions on the structure and dynamics of the economy of the North Caucasus Federal District (NCFD) in order to assess the potential and prospects for the development of the region’s economy in the current conditions, as well as to identify possible directions for adjusting regional strategic planning documents. The work focuses on the analysis of the gross regional product (GRP), whose sectoral composition and dynamics characterize the structure and dynamics of the regional economy, as well as the level of regional investment in fixed capital, as an indicator that determines the potential for financing projects for the development of the regional economic system. The study identified the most significant industries for the economy of the North Caucasus Federal District, assessed their current state and made a forecast of their development under sanctions. It is concluded that the current economic dynamics of the North Caucasus Federal District are insufficient to bring the region to the level of sustainable economic development. A study of the region’s financial condition was conducted and its potential for financing economic development projects was assessed. It is shown that the region is subsidized, while the level of debt in the region for both business and the population is constantly growing. Key ways to solve the existing problems of insufficient funding have been outlined. In particular, it was proposed to create a special regional development fund that would finance the most promising projects in priority sectors of the economy, as well as expand the existing practice of public-private partnerships. The forecast for the volume of investments in fixed assets showed their expected growth in the near future (if current trends continue).

ОПЫТ САНКТ-ПЕТЕРБУРГА В ПРЕОДОЛЕНИИ ПОСЛЕДСТВИЙ НЕУСТОЙЧИВОСТИ ЭКОНОМИЧЕСКОГО РАЗВИТИЯ ВСЛЕДСТВИЕ АНТИРОССИЙСКИХ САНКЦИЙ И ОБЕСПЕЧЕНИИ РЕГИОНАЛЬНОЙ ЭКОНОМИЧЕСКОЙ БЕЗОПАСНОСТИ

The article is devoted to the study of the features of regional governance in conditions of increasing uncertainty and exacerbation of threats to economic security due to anti-Russian sanctions. The purpose of this article is to analyze the existing regional experience in overcoming the consequences of unstable economic development due to anti-Russian sanctions and ensuring regional economic security. This analysis was carried out on the materials of one of the largest (in terms of contribution to the gross domestic product of the Russian Federation) subjects of the federation - the federal city of St. Petersburg. The study assessed the impact of anti-Russian sanctions on regional development in Russia; the experience of St. Petersburg in ensuring stable and economically secure development of the regional economy was studied; recommendations for using this experience in other regions of the Russian Federation are proposed. The study focuses on studying the mechanisms of influence of anti-Russian sanctions on the economic systems of the constituent entities of the federation, as well as assessing the results of this influence, including from the standpoint of ensuring regional economic security. The results of the study show that this influence is multidirectional. The strength of its manifestation and assessment of the consequences significantly depend on the characteristics of a particular regional economic system, as well as on the measures taken in regional economic policy. As a result, the sanctions macro-shock leads to increased differentiation of Russian regions. This aggravates existing problems of economic security at the regional level. Against this background, the experience of those regions that during 2022-2023 deserves a more careful consideration. not only remained stable, but also achieved an increase in key economic indicators. One of these regions is St. Petersburg. The article analyzes the system of anti-crisis measures taken in this region that ensured stability and protection from sanctions-related threats to economic security. The article emphasizes the feasibility of using this experience in other regions. At the same time, the need for their adaptation to regional specifics is noted.

Regional economic disproportions and sustainability of regional economic systems under the 2022 sanctions

In the current economic and political environment, the primary task is to strive for technological independence and self-sufficiency of the economy with maximum reliance on its own resources in development, while not excluding economic expansion by increasing competitiveness of the economy in global market. The key competitive factor is innovativeness of products and services, as well as the degree of the most advanced production technologies implementation, which together have a decisive impact on the economy efficiency in both external and domestic markets. The widespread development of globalization trends, digitalization, modern means of communication, the territorial factor importance are replaced by the factors of technological, scientific, and innovative development. In this regard, it is an urgent task to study these processes and search for factors affecting the qualitative growth of processes and manufactured products efficiency. In the present study, using mathematical and statistical methods, it has been established that the decisive value for the economy efficiency on a national scale is the value of expenditures on research and development and experimental-construction works. This indicator has a direct impact on innovation processes both in the country as a whole and in individual regions. However, one of the significant obstacles in development and sustainability of regional economies is hyperconcentration of scientific expenditures in a few regions that has a negative impact on regional development efficiency.

Оценка готовности региональной хозяйственной системы к переходу на реализацию концепции комплексной переработки минерально-сырьевых ресурсов (на примере Мурманской области)

For the Arctic regions, which have significant reserves of minerals, but the most environmentally fragile, the transition to the implementation of the concept of integrated processing of mineral resources becomes critically necessary due to the development of economic activity in this territory and the prospective plans for the development of new deposits, defined by the Strategy for the Development of the Arctic Zone of the Russian Federation up to 2035. The possibility of such a transition is ensured by the readiness of economic entities in the region to such changes. The purpose of this study is to assess the readiness of the regional economic system to the transition to the implementation of the concept of integrated processing of mineral resources on the example of the Murmansk Oblast and to determine the directions of implementation of such changes. As a result, it was revealed that the regional economic system of the Murmansk Oblast has a fairly high level of resistance and an average value of readiness for changes associated with the transition to the implementation of the concept of integrated processing of mineral resources, which characterizes the level of its readiness as the level of "unstable success". The key factors of resistance were identified and measures for their levelling were proposed, which allow concretizing the implementation of the Strategy for the Development of the Mineral Resource Base of the Russian Federation at the regional level and contributing to its further more effective execution.

СОВРЕМЕННЫЕ ТРЕНДЫ В СТРУКТУРНОЙ ТРАНСФОРМАЦИИ ЭКОНОМИКИ АРКТИЧЕСКИХ РЕГИОНОВ

The Arctic zone of the Russian Federation (AZRF) has attracted close attention in recent years from specialists in the field of economics and management, since this unique macro-region according to a number of indicators (geographical extent, large differences in territory, population, production potential, etc.) is of particular interest for the study of the principles and methods of interregional integration. The article substantiates the feasibility and timeliness of carrying out an economy’s structural transformation of the Arctic regions based on the use of the methodology of international standards for quality management systems widely used in the practice of forming organizational structures of large corporations. This principle is proposed to be used in the process of transforming regional economic management systems within the Arctic zone of the Russian Federation.