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Problem of Rent Relations in Regional Economy

Author

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  • Elena Malysh

    (Institute of Economics, The Ural Branch of Russian Academy of Sciences)

Abstract

The article is devoted to the extension of boundaries of scientific ideas about the economic nature of rent relations in mesoeconomics. The article develops theoretical ideas on both the impact of globalization on the rent economy and the localization of rent relations. In this regard, I research the relations between the concepts of «raw economy» and «rent economy». Moreover, I consider a number of methods of the influence of rent relations on the economic development. The type of the rents in the economy corresponds to the directions of the globalization of these rents and is interconnected with the specific types of rent relations. The article reveals functional patterns as well as the tendencies of modern rent relations in local economic space. Integrating the specified tendencies, I have determined the tasks of rent economy at the regional level. The localization of rent relations in the globalizing regional economy will reveal the best ways for the regional development. The increasing value of the rent in regional economy has allowed the author to define the factors, which are common for both the globalizing rents and localizing rents. As a result of the research, I determine the directions of the transformation of the rent relations at the level of the regional economy. Firstly, the specific concentration of rents, which arose and localize in the territory of a region, transforms in a territorial rent. Secondly, the forms of rent relations are modified in their geographical localization in the economic space of a region. The third group of tendencies is connected to the comprehensive nature of changes in the development of rents in the territory of a region. And the last direction consists in the objective limitations of the development of the rent relations in the regional economy.

Suggested Citation

  • Elena Malysh, 2018. "Problem of Rent Relations in Regional Economy," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 589-599.
    • Handle: RePEc:ura:ecregj:v:1:y:2018:i:2:p:589-599
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    References listed on IDEAS

    as
    1. Auty, R. & Warhurst, A., 1993. "Sustainable development in mineral exporting economies," Resources Policy, Elsevier, vol. 19(1), pages 14-29, March.
    2. I. Buzdalov, 2004. "Natural Rent as a Category of Market Economy," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 3.
    3. I. Buzdalov., 2004. "Natural Rent as a Category of Market Economy," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 3.
    4. Robert D. Tollison, 1982. "Rent Seeking: A Survey," Kyklos, Wiley Blackwell, vol. 35(4), pages 575-602, November.
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    More about this item

    Keywords

    rent; rent relations; local economic space; regional economy; rent resources; rent incomes; globalization; localization of relations; territorial rent; forms of rents;
    All these keywords.

    JEL classification:

    • P25 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Urban, Rural, and Regional Economics
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies

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