Sectoral and factor structure of growth in the economy of the Rostov region

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He acceleration of the economic growth is the priority direction of the economic policy of Russia. The justification of growth rates requires a research of sources and points of economic growth. The mentioned problem is relevant also for the regions. The goal of the article consists in finding the components of the growth of the gross regional product of the Rostov region in 2000-2015. The sources and factors of which are the availability of the factors of production and the scientific and technical progress. Another purpose is the calculation of the contribution of the industries to the GDP growth. For the realization of the goal within the methodology of the neoclassical synthesis by means of econometric methods a modified production function of type of Kobba-Douglas reflecting dependence between the gross regional product and labour time, capital and earth is proved. On the basis of the production function an economical and statistical assessment of the contribution of the factors of production and the technical progress to the increase of the gross regional product which directly and statistically is not observed and is not measured by traditional methods is given...

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Sectoral structure of economic growth, production factors, labour, capital, earth, technical progress, rostov region, gross regional product

Короткий адрес: https://sciup.org/149131218

IDR: 149131218   |   DOI: 10.15688/re.volsu.2017.4.9

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