The structure and institutions: a regional aspect of interaction in the economic system
In the article with the help of two-sector model of the economic system, the interaction of national and regional economy is investigated. This interaction is observed from the position of development of material structure and institutions. As the key structural parameter of an economy, the propor...
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Format: | Article |
Language: | English |
Published: |
Russian Academy of Sciences, Institute of Economics of the Ural Branch
2014-09-01
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Series: | Экономика региона |
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Online Access: | http://economyofregion.com/archive/2014/50/2368/pdf/ |
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author | Leonid Stepanovich Tarasevich Dmitry Yuryevich Miropolsky |
author_facet | Leonid Stepanovich Tarasevich Dmitry Yuryevich Miropolsky |
author_sort | Leonid Stepanovich Tarasevich |
collection | DOAJ |
description | In the article with the help of two-sector model of the economic system, the interaction of national and regional economy is
investigated. This interaction is observed from the position of development of material structure and institutions.
As the key structural parameter of an economy, the proportion between sector of excess resources and sector of scarce resources is
taken. The situation when sector of excess resources prevails over sector of scarce resources forms structural conditions for the creation
of the market institutions. If a sector of excess resources is smaller than a sector of scarce resources, the conditions for the emergence
of institutions of government regulation are formed. Two cases are analyzed: the first one concerns the situation of a simple national
economy consisting of 2 provisory regions. The second is the case of the national economy consisting of many regions. The authors show
that material structure of a total combination of regions defines institutions of the market or state regulation for the national economy
as a whole. The institutions formed at the level of the national economy, can support or resist the development of structure of the region.
The conditions are observed under which united institutions of the national economy contradict a development of structure of the
individual region. |
first_indexed | 2024-03-12T20:19:04Z |
format | Article |
id | doaj.art-06828cf1131f45a3b3213439a7041b0b |
institution | Directory Open Access Journal |
issn | 2072-6414 2411-1406 |
language | English |
last_indexed | 2024-03-12T20:19:04Z |
publishDate | 2014-09-01 |
publisher | Russian Academy of Sciences, Institute of Economics of the Ural Branch |
record_format | Article |
series | Экономика региона |
spelling | doaj.art-06828cf1131f45a3b3213439a7041b0b2023-08-02T01:01:20ZengRussian Academy of Sciences, Institute of Economics of the Ural BranchЭкономика региона2072-64142411-14062014-09-0120143364810.17059/2014-3-3The structure and institutions: a regional aspect of interaction in the economic systemLeonid Stepanovich Tarasevich0Dmitry Yuryevich Miropolsky1Saint-Petersburg State University of EconomicsSaint-Petersburg State University of Economics In the article with the help of two-sector model of the economic system, the interaction of national and regional economy is investigated. This interaction is observed from the position of development of material structure and institutions. As the key structural parameter of an economy, the proportion between sector of excess resources and sector of scarce resources is taken. The situation when sector of excess resources prevails over sector of scarce resources forms structural conditions for the creation of the market institutions. If a sector of excess resources is smaller than a sector of scarce resources, the conditions for the emergence of institutions of government regulation are formed. Two cases are analyzed: the first one concerns the situation of a simple national economy consisting of 2 provisory regions. The second is the case of the national economy consisting of many regions. The authors show that material structure of a total combination of regions defines institutions of the market or state regulation for the national economy as a whole. The institutions formed at the level of the national economy, can support or resist the development of structure of the region. The conditions are observed under which united institutions of the national economy contradict a development of structure of the individual region.http://economyofregion.com/archive/2014/50/2368/pdf/two-sector model of the regionsector of excess resourcessector of scarce resourcesstructuremarket institutionsinstitutions of government regulation (planning)influence of structure on institutionsinfluence of institutions on structure. |
spellingShingle | Leonid Stepanovich Tarasevich Dmitry Yuryevich Miropolsky The structure and institutions: a regional aspect of interaction in the economic system Экономика региона two-sector model of the region sector of excess resources sector of scarce resources structure market institutions institutions of government regulation (planning) influence of structure on institutions influence of institutions on structure. |
title | The structure and institutions: a regional aspect of interaction in the economic system |
title_full | The structure and institutions: a regional aspect of interaction in the economic system |
title_fullStr | The structure and institutions: a regional aspect of interaction in the economic system |
title_full_unstemmed | The structure and institutions: a regional aspect of interaction in the economic system |
title_short | The structure and institutions: a regional aspect of interaction in the economic system |
title_sort | structure and institutions a regional aspect of interaction in the economic system |
topic | two-sector model of the region sector of excess resources sector of scarce resources structure market institutions institutions of government regulation (planning) influence of structure on institutions influence of institutions on structure. |
url | http://economyofregion.com/archive/2014/50/2368/pdf/ |
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