Institutional Factor in International Economic Activity of Region and Its Socio-Economic Development
DOI:
https://doi.org/10.17059/2016-4-7Keywords:
institutional factor, international economic activity, international trade, international economic agreements, regional economic development, international measurements, international economic associations, efficient international economic contacts, international trade structure, qualitative and quantitative effectAbstract
The article substantiates the impact of the institutional factor on the development of regional international economic relations. The scope of the study is regional international economic activity (IEA), the subject-matter is the role of the institutional factor in its development. The study purpose is to develop a scientific approach for the assessment of the institutional factor impact on the development of region's international economic relations. The hypothesis is that the targeted efforts of all participants of IEA of the region (business, authorities, local community) to strengthen of theese components of the institutional factor, which have a strong influence on the regional socio-economic development. A methodological approach for the assessment of this influenceis developed. It includes determining three elements of IEA institutionalization -agreements, organizations, events. A three-dimensional model is proposed for the coordination of these elements with 3 groups of countries-developed, developing and CIS, including the Eurasian Economic Union, and also with basic indexes characterizing the qualitative and quantitative contribution of region's IEA into its socio-economic development. This model is tested on the example of the Sverdlovsk region of Russia for 2003-2015. That has allowed to define various kinds of the effects from strenthening the IEA institutional component, which are expressed in the increase of the export of the region, improvement of its investment attractiveness, the diversification of regional economy as well as the the generation of additional jobs and tax flows increase.References
Popov, E. & Vlasov, M. (2015). Economic institutions of Russian academic science. Mediterranean Journal of Social Sciences, 6(3), 617-626.
Polterovich, V. M. (2013). Obshchiy institutsionalnyy analiz i proektirovanie reform . Zhurnal novoy ekonomicheskoy assotsiatsii , 1(17), 185-188.
North, D. C. (2010). Ponimanie protsessa ekonomicheskih izmeneniy . Moscow: Higher School of Economics Publ., 256.
Francois, J. & Manchin, M. (2013). Institutions, Infrastructure, and Trade. World Development, 46, 165-175.
He, K. (2015). Contested regional orders and institutional balancing in the Asia Pacific. International Politics, 52(2), 208-222.
Kucik, J. (2012). The Domestic Politics of Institutional Design: Producer Preferences over Trade Agreement Rules. Economics and Politics, 24(2), 95-118.
Myslyakova, J. G. (2008). Institutsionalizaciya sotsialnoy otvetstvennosti biznesa: evolyutsionnyy aspekt . Zhurnal ekonomicheskoy teorii , 3, 45-57.
Kuznetsova, G. V. (2014). Razvitie nauchno-issledovatelskoy deyatelnosti v mirovoy ekonomike . Rossiyskiy vneshneekonomicheskiy vestnik , 7, 23-40.
Reimer, V. V. & Kokuytseva, T. V. (2012). International rating innovative potential of Russia. Rossiiskoye predprinimatelstvo , 3, 4.
Kapustina, L. M. & Drevalev, A. A. (2014). Opportunities and threats for the Russian copper industry after the country's accession to the World trade organization. 7th Annual EuroMed Conference of the EuroMed-Academy-of-Business (18-19 Sept. 2014, Kristiansand, Norway). Future of entrepreneurship, 908-921.
Korobitsyn, B. & Kuklin, A. & Nikulina, N. (2015). Corrected gross domestic product to assess sustainability of Russia for the 2006-2013 period after taking into account depletion of natural resources, environmental pollution and human capital aspects. International Multidisciplinary Scientific GeoConference Surveying Geology and Mining Ecology Management, SGEM 15th, 165-172.
Golovina, A. S. & Radkovskaya, E. V. (2010). Razrabotka sistemy analiza ekonomicheskoy statistiki dlya regionalnykh issledovanii . Nauchnye trudy Volnogo ekonomicheskogo obshchestva Rossii , 143, 294-300.
Maslennikov, M. I. (2008). Puti narashchivaniya eksportnogo potentsiala i vneshneekonomicheskoy ekspansii Rossii i regionov Urala . Ekaterinburg: Institute of economics of UB RAS Publ., 217.
Frolova, E. D. & Frolova, E. A. (2014). Changes in industrial districts development in conditions of knowledge spillovers (Italian case). Ekonomika regiona , 3, 182-191.
Strovsky, L. E., Frolova, E. D. & Strovsky, D. L. (2012). Osnovy vystavochno-yarmarochnoy deyatelnosti . Moscow: YuNITI-DANA Publ., 290.
Maltsev, A. & Linetsky, A. (1997). Razvitie torgovo-ekonomicheskogo sotrudnichestva Sverdlovskoy oblasti s go-sudarstvami-uchastnikami SNG . Vneshnyaya torgovlya , 1-3, 35.
Sobolev, A. O. (2015). Zarubezhnyy opyt innovatsionnogo razvitiya staropromyshlennykh regionov i vozmozhnosti ego ispolzovaniya v Rossii . Voprosy upravleniya , 1(13), 73-80.
Andreeva, E., Sapir, E., Karachev, I. & Zherenkov, D. (2016). Export potential assessment of Russian pharmaceutical clusters. Proceedings of the 3rd SGEM international multidisciplinary scientific conference on social sciences and arts. Vol. 5. “Economics and tourism”. Sofia. Book 2, 940, (245-252).
Andreeva, E. L., Zakharova, V. V. & Ratner. A. V. (2014). Influence of international economic integration on socio-economic development of region. Ekonomika regiona , 3, 90-100.
Fityni, L. L. & Abramova, I. O. (2012). Zakonomernosti formirovaniya i smeny modeley mirovogo ekonomicheskogo razvitiya . Mirovaya ekonomika i mezhdunarodnyye ekonomicheskie otnosheniya , 7, 3-15.
Surnina, N. M., Kovalyov, V. E. & Gayterova, O. A. (2012). Aktualnyye voprosy vneshnetorgovogo sotrudnichestva na evraziiskom prostranstve . Upravlenets , 1-2, 66-71.
Duer, A., Baccini, L. & Elsig, M. (2014). The design of international trade agreements: Introducing a new dataset. Review of International Organizations, 9(3), 353-375.
Keck, A. & Schropp, S. (2008). Indisputably essential: The economics of dispute settlement institutions in trade agreements. Journal of World Trade, 42(5), 785-812.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2016 Elena Leonidovna Andreeva, Aleksandr Fyodorovich Linetsky, Artem Vitalyevich Ratner, Darya Evgenyevna Kuznetsova
This work is licensed under a Creative Commons Attribution 4.0 International License.
