Export-oriented industrial technologies as drivers of regional economic growth Full article
Journal |
Journal of New Economy
ISSN: 2658-5081 |
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Output data | Year: 2019, Volume: 20, Number: 2, Pages: 166-179 Pages count : 14 DOI: 10.29141/2073-1019-2019-20-2-10 | ||||
Tags | region; economic growth; driver of economic growth; export; export-oriented technologies | ||||
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Abstract:
The article searches for sources to boost regional economic growth, which is highly
significant for building an effective industrial policy for the development of the state. The research proves a scientific hypothesis that in modern economic conditions export-oriented industrial technologies act as drivers of the regional economic growth. The methodological basis
of the study rests on a set of theories of economic growth and regional economics. The results
of the analysis of the “activating”, “integrating” and “institutional” approaches allowed the authors to revise the concept “driver of economic growth” and propose a classification of the drivers, which was based on the criteria of the sphere of origin; source; method of origin; genesis
and level of economic growth. The article identifies priority types of drivers that arise from the
development of export activity in the territory. Their impact on economic growth was analysed through econometric modelling. Proceeding from the data on the subjects of the Russian
Federation for 2011–2016, the paper unveils empirical scientific evidence that export-oriented
industrial technologies generate two most influential impulses for economic growth: growth
in the volume of shipments and in tax revenues coming to regions’ consolidated budgets. The
authors established that for the observed period, Russian industrial exports were not based on
innovation. The practical significance of the study lies in the possibility of applying its findings
for devising socioeconomic development strategies of regions of the Russian Federation.
Cite:
Myslyakova Y.
, Shamova E.
Export-oriented industrial technologies as drivers of regional economic growth
Journal of New Economy. 2019. V.20. N2. P.166-179. DOI: 10.29141/2073-1019-2019-20-2-10 РИНЦ OpenAlex
Export-oriented industrial technologies as drivers of regional economic growth
Journal of New Economy. 2019. V.20. N2. P.166-179. DOI: 10.29141/2073-1019-2019-20-2-10 РИНЦ OpenAlex
Identifiers:
Elibrary: | 39422860 |
OpenAlex: | W2973191923 |