PROSPECTS FOR THE TECHNOLOGICAL RE-EQUIPMENT OF INDUSTRY IN THE EUROPEAN AND ASIAN PARTS OF RUSSIA

УДК 332.1 (571.1)

  • A. V. Sokolov Institute of Economics and Organization of Industrial Production SB RAS (Novosibirsk, Russia); Novosibirsk State University (Novosibirsk, Russia) Email: alsokolov@ieie.nsc.ru
  • V. A. Bazhanov Institute of Economics and Organization of Industrial Production SB RAS (Novosibirsk, Russia) Email: vab@ieie.nsc.ru
Keywords: industry, macro-regions, investments, European part, Asian part, panel data model, principal component method, manufacturing industries

Abstract

The article assesses the state of industry and manufacturing in the European and Asian parts of Russia. The prospects for the development of industry as a whole and its manufacturing industries in the near future are assessed from the point of view of realizing the intentions to create technological sovereignty and increase demand for domestic industrial products. It is possible that this may entail shifts in the territorial distribution of processing, in particular, due to a shift in development priorities to the Asian part of the country, especially since recently there has been an increase in Asian landmarks in geopolitical terms. With the help of calculations based on the panel data model, a quantitative assessment of the impact of investment dynamics on the dynamics of industrial growth for the constituent entities of the Russian Federation over a long period was obtained. Calculations showed that, despite the fact that investments in industrial production in the Asian part of Russia grew at a faster rate than in the European part, due to their lower return, they did not lead to a fundamental change in the territorial structure of industrial production. With the help of aggregated indicators calculated by the method of principal components, an assessment was made of the potential of manufacturing industries in the macroregions of the country. Based on the values of the calculated indicators, it was concluded that there have been no significant positive changes in the state of processing of the Asian part of the country over the last decade of the current century, despite significant investment in its development in 2018-2021. In general, the overall potential of the manufacturing industries in this part of the country cannot yet be considered as essential in achieving the emerging strategic tasks.

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Author Biographies

A. V. Sokolov, Institute of Economics and Organization of Industrial Production SB RAS (Novosibirsk, Russia); Novosibirsk State University (Novosibirsk, Russia)

кандидат экономических наук, ведущий научный сотрудник; доцент кафедры экономической теории

V. A. Bazhanov, Institute of Economics and Organization of Industrial Production SB RAS (Novosibirsk, Russia)

кандидат экономических наук, ведущий научный сотрудник

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Published
2023-06-09
How to Cite
1. Sokolov A. V., Bazhanov V. A. PROSPECTS FOR THE TECHNOLOGICAL RE-EQUIPMENT OF INDUSTRY IN THE EUROPEAN AND ASIAN PARTS OF RUSSIA // Economics Profession Business, 2023. № 2. P. 107-118. URL: http://journal.asu.ru/ec/article/view/epb202327.
Section
ЭКОНОМИЧЕСКИЕ НАУКИ