Posts Tagged ‘R1’

AGGLOMERATION ECONOMICS AND ASYMMETRIC INFORMATION: ROLE OF INSTITUTIONS

Vinko MUŠTRA[1]

Associate professor, Faculty of Economics, Business and Tourism, University of Split

vmustra@efst.hr

Hrvoje KALINIĆ

Assistant professor, Faculty of Science, University of Split

hrvoje.kalinic@pmfst.hr

Abstract

This paper constructs the model that links agglomeration economics with information asymmetries. It extends the literature by launching the concept that explains influence of the asymmetric information on agglomeration economies by emphasizing the role of the transaction cost under institutional framework. Consequently, the predictions of the model suggesting that impact of agglomeration economies depends on stages of development highlight the importance of different approach to the agglomeration economies phenomena in developing  and developed countries.

Keywords: agglomeration economics, asymmetric information, transaction costs, institutions

JEL classification: R1, O4, D8

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[1] Corresponding author

DOES BUSINESS GEOGRAPHICAL ACTING AREAS IMPACT ON INTRAPRENEURSHIP AND SUSTAINABILITY STRATEGIES?

Nelson DUARTE

School of Management and Technology, Polytechnic of Porto, CIICESI, Portugal

nduarte@estg.ipp.pt

Francisco DINIZ

CETRAD, Vila Real, Portugal

fdiniz@utad.pt

Abstract

The present paper aims to analyze the positive or negative impact of local integrated firms on strategies of intrapreneurship and sustainability. The study was developed in the region of Tâmega e Sousa, located in the north of Portugal. For that 283 firms from manufacturing and construction industries were analyzed. By local integrated firm were considered those firms that are doing all their business activities within the region where they are established. Most of firms (83.2%) in this region present very good results in the adoption of sustainable strategies, while 80.9% present a weak adoption of intrapreneurship strategies. Crossing variables on local integration and sustainability it was found a light tendency in favor of local firms, i.e., local firms apparently are more concerned with the regional sustainable development, than those that are acting outside the region borders. On what regards the relation between local integration and the adoption of intrapreneurship strategies, those firms that are doing business beyond the region are adopting more intrapreneurship strategies.

Keywords: Local Business, Intrapreneurship, Sustainability

JEL classification: L2, O1, R1

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ASSESSMENT AND MECHANISM OF REGULATING INTER-REGIONAL SOCIO-ECONOMIC DIFFERENTIATION (CASE STUDY OF THE RUSSIAN FEDERATION)

Elena GUBANOVA

Doctor of Sciences (Economics), Professor, Head of the Finance and Credit Department, Federal State Budgetary Educational Institution of Higher Education “Vologda State University”, Russia

gubanova_elena@mail.ru

Nikolai VOROSHILOV

Candidate of Sciences (Economics), Research Associate of the Sector for Research in the Effectiveness of Management of Socio-Economic Systems of the Department for Issues of Socio-Economic Development and Management in Territorial Systems, Federal State Budgetary Institution of Science “Vologda Research Center of the Russian Academy of Sciences”, Russia

niks789@yandex.ru

Abstract

The existence of significant differences in the levels of socio-economic development of Russian regions and the need to determine state impact methods aimed at reducing inequality indicate the existence of territorial differentiation; this is the problem the article authors address. The paper proposes a methodological approach to the assessment of inter-regional differentiation, which helps solve a set of inter-related tasks on the basis of the data of state statistics and expert surveys. To assess the extent and size of territorial inequalities, the variation and Theil indices are used. The correlation and regression analysis discloses a trend to reduce differences among Russian regions in 2005-2017. On the basis of the author’s method, the integral index (aggregating 22 private indicators) is calculated; on its basis, RF subjects are grouped according to a socio-economic development level. The complexity and scale of the differentiation problem is emphasized by the fact that at the end of 2017, 43 subjects belong to the groups with below average and low development levels. The work identifies “backward regions” (18) and “regions with a sign of depression” (13), which should become a priority object of the federal regional policy. The analysis proves the hypothesis about weak influence of the state policy tools of regional development in Russia on processes of territorial development and confirms reduction in the scale and consequences of differentiation. The authors propose a conceptual scheme of the mechanism to manage the process of reducing inter-regional differentiation and overcoming its consequences, which can be used when implementing the Strategy for Spatial Development of the Russian Federation and other strategic planning documents. The results can be used by federal authorities to improve methods and tools for implementing the state policy of regional development, as well as serve as the basis for further research on this topic.

Keywords: Russian Federation, region (RF subject), inter-regional differentiation, gross regional product, convergence.

JEL classification: R1, R5
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