Structural Changes in the Economy of the Russian Northwest: Spatial Dimension

This paper identifies and explains the trends in the economic transformations in the Russian Northwest (NWFD). It studies the changes in the structure of the gross regional product (GRP) and economic specialization of the NWFD regions. The authors suggest approaches to managing structural changes in...

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Main Authors: Kolesnikov Nikolai, Tolstoguzov Oleg
Format: Article
Language:English
Published: Immanuel Kant Baltic Federal University 2016-06-01
Series:Baltic Region
Subjects:
Online Access:https://journals.kantiana.ru/upload/iblock/79e/Kolesnikov%20N.,%20Tolstoguzov_20-32.pdf
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author Kolesnikov Nikolai
Tolstoguzov Oleg
author_facet Kolesnikov Nikolai
Tolstoguzov Oleg
author_sort Kolesnikov Nikolai
collection DOAJ
description This paper identifies and explains the trends in the economic transformations in the Russian Northwest (NWFD). It studies the changes in the structure of the gross regional product (GRP) and economic specialization of the NWFD regions. The authors suggest approaches to managing structural changes in the economies of the NWFD regions. The authors propose a new method for the identification of the regional economic specialization on the basis of the reginal economy sectoral development rate. The article describes a methodology for identifying the development of the regional economic sectors using the ‘gross value added index’ calculated per capita and per sector against the national average. The article presents the analysis of the structural changes in the NWFD gross regional product. The proposed gross value added index helps to identify the upward and downward trends in each sector compared to the national average. Based on this analysis, the authors describe the nature of changes in the NWFD sectoral specialisation, which correlated with the distance to large economic centres — Moscow and St. Petersburg. The authors prove that the economic development of the Northwest macroregion follows the ‘core-periphery’ pattern. The regional economy structure depends on the position of a given region in relation to the core. Concrete approaches to managing structural changes in the economies of periphery regions are proposed.
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spelling doaj.art-32deff8769844b819fa162bcb2c670a92022-12-22T03:27:47ZengImmanuel Kant Baltic Federal UniversityBaltic Region2079-85552310-05242016-06-0182203210.5922/2079-8555-2016-2-2Structural Changes in the Economy of the Russian Northwest: Spatial DimensionKolesnikov Nikolai 0Tolstoguzov Oleg 1Karelian Research Centre of the Russian Academy of SciencesKarelian Research Centre of the Russian Academy of SciencesThis paper identifies and explains the trends in the economic transformations in the Russian Northwest (NWFD). It studies the changes in the structure of the gross regional product (GRP) and economic specialization of the NWFD regions. The authors suggest approaches to managing structural changes in the economies of the NWFD regions. The authors propose a new method for the identification of the regional economic specialization on the basis of the reginal economy sectoral development rate. The article describes a methodology for identifying the development of the regional economic sectors using the ‘gross value added index’ calculated per capita and per sector against the national average. The article presents the analysis of the structural changes in the NWFD gross regional product. The proposed gross value added index helps to identify the upward and downward trends in each sector compared to the national average. Based on this analysis, the authors describe the nature of changes in the NWFD sectoral specialisation, which correlated with the distance to large economic centres — Moscow and St. Petersburg. The authors prove that the economic development of the Northwest macroregion follows the ‘core-periphery’ pattern. The regional economy structure depends on the position of a given region in relation to the core. Concrete approaches to managing structural changes in the economies of periphery regions are proposed.https://journals.kantiana.ru/upload/iblock/79e/Kolesnikov%20N.,%20Tolstoguzov_20-32.pdfeconomic space transformationcore-peripheryspatial inequalitystructure of gross regional product
spellingShingle Kolesnikov Nikolai
Tolstoguzov Oleg
Structural Changes in the Economy of the Russian Northwest: Spatial Dimension
Baltic Region
economic space transformation
core-periphery
spatial inequality
structure of gross regional product
title Structural Changes in the Economy of the Russian Northwest: Spatial Dimension
title_full Structural Changes in the Economy of the Russian Northwest: Spatial Dimension
title_fullStr Structural Changes in the Economy of the Russian Northwest: Spatial Dimension
title_full_unstemmed Structural Changes in the Economy of the Russian Northwest: Spatial Dimension
title_short Structural Changes in the Economy of the Russian Northwest: Spatial Dimension
title_sort structural changes in the economy of the russian northwest spatial dimension
topic economic space transformation
core-periphery
spatial inequality
structure of gross regional product
url https://journals.kantiana.ru/upload/iblock/79e/Kolesnikov%20N.,%20Tolstoguzov_20-32.pdf
work_keys_str_mv AT kolesnikovnikolai structuralchangesintheeconomyoftherussiannorthwestspatialdimension
AT tolstoguzovoleg structuralchangesintheeconomyoftherussiannorthwestspatialdimension