Federal support of regional development: investment aspect

Irina Grishina and Aleksandr Vladimirovich Kotov
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Aleksandr Vladimirovich Kotov: Russian Academy of National Economy and Public Administration, Moscow, Russia

Russian Foreign Economic Journal, 2020, issue 3, 23-34

Abstract: The article describes a methodical approach to efficiency assessment of the federal tools for regional development support, which links the intensity of various supporting measures of the regions with the intensity of attracting extra-budgetary investments into their fixed capital (as the dependent variable). Based on empirical evidence of Russia from 2000 to present the article shows that regional development support tools have had a little impact on attracting private investment in most regions, becoming a significant factor in the revitalization of the investment processes only for some of them.

Keywords: Region; Russia; instruments of regional development; investment activity; efficiency measuring. (search for similar items in EconPapers)
Date: 2020
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