Scholarly record
A MULTI-SECTORAL MODEL OF ECONOMIC DEVELOPMENT OF A RESOURCE REGION
Abstract
The aim of this paper is to explore the necessity of seeking new conceptual approaches to the management of spatial development of territories to confront the global challenges. The radical changes that have occurred in the modern world formed new trends resulting in cluster and network models in the development of territories. The general trends that influence territorial development are: global synchronization of technologies in advanced industrial sectors, convergence in sciences and technologies, transformation in existing value added chains, switching to network models of development. Due to globalization the distinctive features of economic development of Russian resource regions have become more evident (different stages of development of applied technologies, dominance of large industrial holdings, limited participation of local governments in the management of raw materials exploitation. As a result, the effectiveness of traditional management techniques is reduced. Therefore, it is of primary importance to find new approaches to the modelling of regional economic development. We consider the technological development of resource regions on the basis of multi-sectoral model which includes booming industrial sectors such as «knowledge economy» and «high tech». The sectors are distinguished based on the following characteristics: production factors, technological stage, types of products and services, prices. It allows us to identify the main function of a sector to deal with global threats in terms of supply and demand proportion. We also investigate the role of the sectors in regional social and economic development, highlight the essential conditions of development, analyze the consequences of social, economic and technological effects arising from booming sectors. The study was conducted by employing quantitative data for Krasnoyarsk Krai. We defined the sectoral composition of the economy, basic specialization and new sectors. We also made a forecast of growth rates up to 2020. The results confirmed the hypothesis that there are booming sectors in Krasnoyarsk Krai economy which are based on their potential of innovative technological development, creation and application of «breakthrough technologies» and «knowledge economy».
Publication Impact Profile
Publication details
References12
Innovation Krai – 2020. Strategy of innovative development of the Krasnoyarsk Krai for the period until 2020, The Government of the Krasnoyarsk Krai, 2011 [Electronic resource] – Available at: http://zakon.krskstate.ru/dat/bin/docs_attach/9294_pr.rtf. (in Russian).
Corden, W., Neary, J., Booming sector and deindustrialization in a small open economy, In The Economic Journal, № 92, 1982, pp. 825-848. [Electronic resource] – Available at: http://www.jstor.org/stable/2232670?seq=1#page_scan_tab_contents
Corden, W., Booming sector and Dutch disease economics: survey and consolidation, In Oxford Economic Papers, № 36, 1984, pp. 359-380 [Electronic resource] – Available at: http://www.bresserpereira.org.br/terceiros/cursos/2013/07.09.corden.pdf
Ermakova, Zh.A., Technological priorities as a basis for scientific and technological development of the regional industrial complex, In Vestnik OSU, № 144, 2012, pp. 105-109. (in Russian).
Nazarova, N.E, The multistructure of the economy and the technical and innovative potential of Russia's economic development, In Problems of modern economics, № 3(23). 2007 [Electronic resource] – Available at: http://www.m-economy.ru/art.php?nArtId=1472. (in Russian).
Samusenko, S., Bukharova, E. Industrial Policy: Barriers and Limitations for Innovation Activity Growth of Enterprises in the Conditions of Multi-dimensional Economy of Siberia, In Journal of Siberian Federal University. Humanities & Social Sciences, № 8, 2015, pp. 83-97. (in Russian).
Strategies for innovative development of the Russian Federation for the period up to 2020. Moscow, Rasporiazhenie Pravitel’stva Rossiiskoi Federatsii, 2227-р, 08.12.2011 [Electronic resource] – Available at: https://rg.ru/pril/63/14/41/2227_strategiia.doc. (in Russian).
Sergeev, V.M., Alekseenkova, E.S., Formation of the state and the model of innovation development. 2016 [Electronic resource] – Available at: www.mgimo.ru/files/34545/doklad_politolog_1.doc. (in Russian).
Regions need «smart specialization». 2017 [Electronic resource] – Available at: https://iq.hse.ru/news/177668721.html
Smart Specialization - Strategies for Sustainable Development. Seventh session of the Team of Specialists on Innovation and Competitiveness Policies, 2014 [Electronic resource] – Available at: http://www.unece.org/index.php?id=35927#/
Mikheeva, N.N., Two-sector model of the development in natural resource regions. In Regional Research of Russia, № 2, 2009, pp. 23-42. (in Russian).
Sipols, O.B. New english-russian dictionary-directory. Economy. Moscow, Flinta, Nauka, 2011, 712 p. [Electronic resource] – Available at: https://elibrary.ru/download/elibrary_24689089_88631570.pdf. (in Russian).
View or Download full articleAccess options
SWS access login
Login as SWS Scientific CommitteeLogin as SWS Scientific PartnerLogin as SWS AuthorAuthors and approved SWS contributors will read and export their own linked papers after identity matching by SWS profile, email and SGEM GlobalID.
For librarian assistance: [email protected]
Purchase Instant Access
- Article can be downloaded after successful payment.
- Article may be used according to SWS library access terms.
- Article cannot be redistributed.
