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A Model of Regional Economic Space Modernization

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  • A.G. Polyakova

Abstract

The paper presents a toolkit for regional modernization processes evaluation. A regression model derived allows for identification of the key factors that determine interrelation between regional development parameters. The model application to the case of Tyumen region indicated a high extent of stability of spatial interaction patterns and a high degree of conservatism in the economy’s structure due to the key role played by labor among other factors of output. The model showed that the region’s industrial component is highly dependent on the demographic factor, which means low innovation potential. Policy implication of the model provides a measure for necessary public interventions in innovation segment to compensate for the increasing innovation gap. The interventions include incentives and stimuli to speed-up regional innovation dynamics, as well as the development strategy revision to introduce spatial economics concept, to prioritize modernization and to change traditional patterns of social and economic development.

Suggested Citation

  • A.G. Polyakova, 2018. "A Model of Regional Economic Space Modernization," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 624-634.
    • Handle: RePEc:ers:journl:v:xxi:y:2018:i:special2:p:624-634
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    1. Irina Zedgenizova & Irina Ignatyeva, 2017. "The Problems of Creation and the Prospects for Development of Regional Clusters," European Research Studies Journal, European Research Studies Journal, vol. 0(4A), pages 578-595.
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    5. Igor DUNAYEV, 2017. "Moving Regional Economic Policy Modernization Ahead: Systems Basis For Organizational And Deblocking Mechanisms In Present-Day Ukraine," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(1), pages 21-39, June.
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    Cited by:

    1. O.Yu. Voronkova & D.F. Islamutdinovа & O.G. Gordeyeva & I.I. Frolova & I.V. Fedulova & A.E. Zhminko, 2018. "Organizational and Economic Transformations towards the Greening of Agro-industrial Production," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 28-38.
    2. Aleksandra G. Polyakova & Seeram A. Ramakrishna & Vladimir V. Kolmakov & Dmitry V. Zavyalov, 2019. "A Model of Fuel and Energy Sector Contribution to Economic Growth," International Journal of Energy Economics and Policy, Econjournals, vol. 9(5), pages 25-31.
    3. A.G. Polyakova & M.P. Loginov & A.I. Serebrennikova & E.I. Thalassinos, 2019. "Design of a Socio-economic Processes Monitoring System Based on Network Analysis and Big Data," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 130-139.
    4. V. N. Ivanova & A. L. Poltarykhin, 2018. "Prospects for the Implementation of the "Digital Government" Project of the Russian Federation," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 96-106.
    5. A.V. Glotko & I.N. Sycheva & L.I. Petrova & T.M. Vorozheykina & A.V. Tolmachev & D.F. Islamutdinovа, 2018. "Formation and Development of the Processing Industry in the AIC of the Region," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 188-199.
    6. O.Yu. Voronkova & A.A. Sitnov & L.V. Kashirskaya & V.I. Marchuk & M.G. Kudinova & I.N. Sycheva, 2018. "Formation of Zonal Agro-eco Clusters as a Mechanism for the Development of Rural Areas," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 39-49.
    7. Valentina N. Ivanova & Andrey Leonidovich Poltarykhin & Andrzej Szromnik & Olga Anichkina, 2019. "Economic policy for country’s digitalization: a case study," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(1), pages 649-661, September.
    8. L.I. Popova & I.D. Demina & Y.S. Stepanenko & Q.N. Tran & G.V. Meshkova & M.A. Afonasova, 2019. "Regional Aspects of Sectoral Digitalization: Problems and Prospects," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 176-188.
    9. Andrey Paptsov & Vasiliy Nechaev & Pavel Valerievich Mikhailushkin, 2019. "Towards to a single innovation space in the agrarian sector of the member states of the Eurasian economic union: a case study," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(1), pages 637-648, September.
    10. O.Yu. Voronkova & L.A. Iakimova & I.I. Frolova & Ch.I. Shafranskaya & S.G. Kamolov & N.A. Prodanova, 2019. "Sustainable Development of Territories Based on the Integrated Use of Industry, Resource and Environmental Potential," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 151-163.
    11. N.E. Goryushkina & T.V. Gaifutdinova & E.V. Logvina & A.G. Redkin & V.V. Kudryavtsev & Y.N. Shol, 2019. "Basic Principles of Tourist Services Market Segmentation," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 139-150.
    12. I.G. Kuznetsova & O.Yu. Voronkova & M.M. Nimatulaev & I.R. Ruiga & G.N. Zhuruli & V.E. Levichev, 2019. "Ensuring the National Security of Agriculture in the Digital Era through the Formation of Human Capital," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 1), pages 558-569.
    13. V.A. Kozlov & O.A. Moiseeva & V.G. Ponomarev & L.E. Popok & O.A. Filippova & F.F. Sterlikov, 2018. "Economic Concept of Food Development of Russian Market," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 62-72.
    14. I.G. Kuznetsova & O.Yu. Voronkova & S.Y. Bakhvalov & I.R. Ruiga & G.N. Zhuruli & V.E. Levichev, 2018. "Formation of Human Capital as a Key Factor in Ensuring the National Security of Agriculture in the Digital Economy," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 73-83.
    15. A.V. Glotko & I.N. Sycheva & A.N. Dunets & A.L. Poltarykhin & P.V. Zhuravlev & A.A. Tubalets, 2018. "Development of Integration Processes in the Agro-Industrial Complex of the Russian Regions," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 3-15.
    16. Maxim Vasilyevich Chernyaev & Elena Mikhaylovna Grigorieva, 2019. "Small Energy Efficient Systems: The Key to Energy Security of the EU," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 558-566.
    17. Olga Yurievna Voronkova & Veronika Yankovskaya & Irina Kovaleva & Ilya Epishkin & Iuliana Iusupova & Yuliya Berdova, 2019. "Sustainable territorial development based on the effective use of resource potential," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(1), pages 662-673, September.
    18. Alexander Borisovich Melnikov & Pavel Valerievich Mikhailushkin & Andrey Leonidovich Poltarykhin & Zhanna Nikolaevna Dibrova, 2019. "Economic aspects of the resolution of the issue of food security: a case study," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(1), pages 595-602, September.
    19. A.N. Dunets & A.G. Muhamedieva & I.N. Sycheva & E.G. Perepechkina & I.B.Vakhrushev & A.V. Kulchytskiy, 2018. "Spatial Development of Tourism Based on the Structure Model of the Territorial Tourist Complex," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 200-210.
    20. I. N. Sycheva & O. Yu. Voronkova & T. M. Vorozheykina & G. R. Yusupova & A. N. Semenova, 2018. "Directions to Improve Economic Efficiency of Regional Production," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 50-61.
    21. A.G. Paptsov & V.I. Nechaev & P.V. Mikhailushkin, 2018. "Formation of a Single Innovation Space in the Agrarian Sector of the EAEU Member States," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 84-95.

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    More about this item

    Keywords

    Ρegional development; economic space; modernization; economic model.;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • P25 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Urban, Rural, and Regional Economics
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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