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A Rooted Economy in the Structure of a Region’s Economic Complex: Resources, Economic Assets, Reproductive Potential: an Empirical Study

Yu. S. Kolesnikov (), V. N. Ovchinnikov and N. P. Ketova
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Yu. S. Kolesnikov: Southern Federal University
V. N. Ovchinnikov: Southern Federal University
N. P. Ketova: Southern Federal University

Studies on Russian Economic Development, 2019, vol. 30, issue 2, 213-220

Abstract: Abstract— The article studies the reproductive potential and features of the functioning of the “rooted” regional economy using the example of the multiethnic North Caucasus territory. The article presents and conceptually interprets the results of a representative economic-sociological study on traditional economic forms and practices of the North Caucasus population (household farms, personal subsidiary plots, family farms, individual enterprise, self-employment). The economic assets of these forms and practices, their reproductive potential and their contributions to the region’s economy are estimated. The article reveals their key role in the economic structure of the rooted sector of the region’s economy.

Date: 2019
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