Estimation of Sustainable Development of the Far Eastern Regions of Russia in Terms of Advancing the Implementation of the Growth Strategy

Vilena Yakimova, Sergey Khmura

2021

Abstract

The article studies the problems of sustainable economic development of the Far Eastern regions of Russia, implementing the economic growth strategy. In the course of the regression analysis, multifactor models were formed and the key factors, stimulating the economic growth of the regions, were identified. The models show the influence of the factor of capital assets and investments, on the formation of which the increase in industrial production depends. In an insignificant part of the regions, favorable growth factors are sociodemographic capital and exports. Starting from 2015, the economic growth of the regions have been ensured from the positive effect from the implementation of the development strategy ahead of the others in comparison with the average Russian level. In the course of the research, the type of development of the regions, in which the advanced development zones function, was determined, based on the analysis of the interrelations between the indicators of the stability of the region's economy with the generalized indicators of residents of the advanced development zones. For four Far Eastern regions (Yakutia, Kamchatka, Khabarovsk Territory, Chukotka Autonomous District), an intensive type of development is characteristic, which contributes to the growth of GRP by increasing sales by enterprises, entering the advanced development zones, effective use of investments, and resources. The results of the research can be used to improve the mechanism for managing the factors of sustainable development of the regions of the Russian Far East.

Paper Citation

in Harvard Style

Yakimova V. and Khmura S. (2021). Estimation of Sustainable Development of the Far Eastern Regions of Russia in Terms of Advancing the Implementation of the Growth Strategy. In Proceedings of the International Scientific and Practical Conference on Sustainable Development of Regional Infrastructure - Volume 1: ISSDRI, ISBN 978-989-758-519-7, pages 332-338. DOI: 10.5220/0010590203320338

in Bibtex Style

@conference{issdri21,
author={Vilena Yakimova and Sergey Khmura},
title={Estimation of Sustainable Development of the Far Eastern Regions of Russia in Terms of Advancing the Implementation of the Growth Strategy},
booktitle={Proceedings of the International Scientific and Practical Conference on Sustainable Development of Regional Infrastructure - Volume 1: ISSDRI,},
year={2021},
pages={332-338},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010590203320338},
isbn={978-989-758-519-7},
}

in EndNote Style

TY - CONF

JO - Proceedings of the International Scientific and Practical Conference on Sustainable Development of Regional Infrastructure - Volume 1: ISSDRI,
TI - Estimation of Sustainable Development of the Far Eastern Regions of Russia in Terms of Advancing the Implementation of the Growth Strategy
SN - 978-989-758-519-7
AU - Yakimova V.
AU - Khmura S.
PY - 2021
SP - 332
EP - 338
DO - 10.5220/0010590203320338