Structural transformation issues in regional economy
Автор: Lukin Evgenii V., Uskova Tamara V.
Журнал: Economic and Social Changes: Facts, Trends, Forecast @volnc-esc-en
Рубрика: Socio-economic development strategy
Статья в выпуске: 6 (60) т.11, 2018 года.
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The paper systematizes areas of structural research in economic theory. We analyze structural shifts and proportions in regional economy using the data on the Vologda Oblast for 1995-2016. We consider regularities in the Oblast’s socio-economic development at the level of the economy as a whole and its sectoral structure at all the key stages of the reproduction process: production, formation and use of income. We reveal the presence of significant transformation in the structure of output of products, expressed in the reducing share of commodity production and growing share of services production. We register a decrease in the overall efficiency of the Oblast’s economy caused by the increase in the intensity of the output of goods and services. We highlight the trend of raising the wages of employees and reducing business income in the structure of the economy. We conclude that social reproduction in the Vologda Oblast is managed poorly, and there remain certain problems in the sectoral and reproduction structure of GRP, in the structure of investments, final consumption and savings; these problems constrain modernization processes and do not contribute to the improvement of the quality of life...
Region, structural transformation, structural economic policy
Короткий адрес: https://sciup.org/147224115
IDR: 147224115 | DOI: 10.15838/esc.2018.6.60.2
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