Focusing regional industrial policy via sectorial specialization

Evgeniy S. Kutsenko (), Vasily L. Abashkin and Ekaterina A. Islankina

Voprosy Ekonomiki, 2019, issue 5

Abstract: The study verifies the compliance of sectorial specialization of Russian regions and the priorities of regional development presented in the form of cluster initiatives. The case of cluster policy shows that sectorial specialization of Russian regions, which was identified statistically, is often ignored when applying public support measures. The paper reports on the results of comparative analysis of the method for determining regions’ specialization industries used in the paper with the list of “economic specializations of Russian regions” mentioned in the “Strategy for spatial development of the Russian Federation for the period up to 2025”. The paper suggests recommendations that ensure the multi-level coordination of policy makers’ actions and concentration of resources on the justified priorities of regional development.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2019:id:2203

DOI: 10.32609/0042-8736-2019-5-65-89

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