Persistence of divergent economic development of Russian Regions
Abstract
The study focuses on a detailed analysis of the stability of divergent economic development processes among Russian regions, which leads to significant interregional inequality. The main data source was the per capita monetary income indicators provided by Rosstat for the period from 2011 to 2023. The authors of the study used trend and correlation analysis methods to test the hypothesis regarding the stability of significant economic differentiation, specifically the divergence of economic development across different regions of the country. The results of the study indicate that despite the overall growth in population income in most regions, the high volatility of these incomes underscores the need to develop and implement targeted regional policies. The research revealed substantial differences in the dynamics and stability of incomes, indicating the necessity for a differentiated approach in shaping economic policy. Most regions demonstrate a positive correlation in economic trends, but significant variation in the volatility of these trends requires special attention from authorities. Some regions stand out due to their atypical characteristics, making them subjects for separate and deeper analysis. The conclusions of the study confirm the persistence of divergent processes in the economic development of Russian regions, highlighting the importance of developing strategies that take into account the unique features of each region. This is essential for reducing inequality and ensuring sustainable economic growth in the long term.
About the Authors
M. V. Dubovik
Plekhanov Russian University of Economics
Russian Federation
Russian Federation
Doctor in Economics, Professor
S. G. Dmitriev
Plekhanov Russian University of Economics, Bryansk branch
Russian Federation
Russian Federation
PhD in Economics
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Review
For citations:
Dubovik M.V., Dmitriev S.G. Persistence of divergent economic development of Russian Regions. Kazan economic vestnik. 2024;1(5):48-56. (In Russ.)
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