Authors:
Vilena Yakimova
and
Sergey Khmura
Affiliation:
Department of Finance, Amur State University, Ignatievskoe St., Blagoveshchensk, Russian Federation, Russian Federation
Keyword(s):
Economic Growth, Advanced Development Zones, Sustainable Development, Economic Development Model, Investments, Region Economy.
Abstract:
The article studies the problems of sustainable economic development of the Far Eastern regions of Russia,
implementing the economic growth strategy. In the course of the regression analysis, multifactor models were
formed and the key factors, stimulating the economic growth of the regions, were identified. The models show
the influence of the factor of capital assets and investments, on the formation of which the increase in
industrial production depends. In an insignificant part of the regions, favorable growth factors are sociodemographic capital and exports. Starting from 2015, the economic growth of the regions have been ensured
from the positive effect from the implementation of the development strategy ahead of the others in
comparison with the average Russian level. In the course of the research, the type of development of the
regions, in which the advanced development zones function, was determined, based on the analysis of the
interrelations between the indicators o
f the stability of the region's economy with the generalized indicators
of residents of the advanced development zones. For four Far Eastern regions (Yakutia, Kamchatka,
Khabarovsk Territory, Chukotka Autonomous District), an intensive type of development is characteristic,
which contributes to the growth of GRP by increasing sales by enterprises, entering the advanced development
zones, effective use of investments, and resources. The results of the research can be used to improve the
mechanism for managing the factors of sustainable development of the regions of the Russian Far East.
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