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Special Economic Zones: Efficient or Not?

Olga Vladimirovna Kuznetsova ()
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Olga Vladimirovna Kuznetsova: Federal State Institution ‘Federal Research Center ‘Informatics and Management’ of the Russian Academy of Sciences’, Institute for System Analysis

Spatial Economics=Prostranstvennaya Ekonomika, 2016, issue 4, 129-152

Abstract: The article discusses issues of the existing approaches to evaluating efficiency of special economic zones (SEZ). It is shown that it is wrong to evaluate all of the SEZ as a whole, and the results of each particular SEZ depend on its type, geographic location, infrastructure funding, tax incentives and sectoral structure of the regional economy. The performance lack of SEZ is determined not only by its features but also by general economic problems: the shortcomings of the federal investments procedures (including project selection), sub-optimal division of powers between federal and regional authorities and the duplication of federal tools to support investors. Therefore it is necessary to take into account the aforementioned factors to improve the performance of SEZ, but not eliminate them.

Keywords: special; economic; zones; ?; efficiency; evaluation; methods; ?; federal; investment; ?; preferential; investment; regime; ?; SEZ; residents; ?; SEZ; types; ?; economic; and; geographical; position; ?; subjects; of; the; Russian; Federation; ?; Russia (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:far:spaeco:y:2016:i:4:p:129-152

DOI: 10.14530/se.2016.4.129-152

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