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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Main Authors: Leonid Stepanovich Tarasevich, Dmitry Yuryevich Miropolsky
Format: Article
Language:English
Published: Russian Academy of Sciences, Institute of Economics of the Ural Branch 2014-09-01
Series:Экономика региона
Subjects:
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.
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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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