Priority Development Areas: a New Tool for Attracting Investment in the Far East of Russia
DOI:
https://doi.org/10.17059/2016-2-21Keywords:
special economic zone, regional development zone, priority development area, investments, state support, tax benefits, residentsAbstract
The purpose of the article is to compare the new term for the Russian economy - «priority development areas (PDA)» with the existing concepts of «special economic zone (SEZ)» and «regional development zones (RDZ)». In the article, the characteristics of territories with a special tax regime and its benefits for investors are examined. The subject matter of the research are the conditions that shape the favourable environment of investment activity due to the provided state support in newly created priority development areas in comparison with the existing tools, such as special economic zones and zones of territorial development. It is hypothesized that there is a direct link between the existence of tax benefits and other forms of the state support of investors provided in a territory with a special tax regime, and the attraction of investors to the region. In the study, the method of comparative analysis and statistical grouping methods are used. The common features of the analyzed types of territories are revealed according to certain characteristics; these are the federal status and the special regime of the investment activity implementation. In the article, their distinctive features such as the terms of creation, management of territories and measures of the state support are substantiated. The results of the research presented in the article confirm that the residents of newly created priority development areas in the Far East have more competitive and preferential terms for business in comparison with the residents of special economic zones and zones of territorial development in the Russian Federation. In the article, the administrative risks of the transfer of authority for the management of territories to the private companies are substantiated. The absence of interrelation between the declared specialization of the created priority development areas with the special regime of business activity and the types of economic activity determined by the resolutions of the Russian government for the certain territories where the preferential legal regime works, is revealed. This increases the insufficient tax yield in the regions as the benefits are granted to non-priority activities. The proposals for the legal response to the revealed problems have been formulated. The results of the research may be used by the federal and regional authorities in forming the proposals for updating the laws and other regulations in the sphere of the creation of the territories with the special regime for investors.References
Ryazantseva, M. V. & Yakupova, E. S. (2015). Analiz osobennostey pravovogo statusa territoriy operezhayushchego razvitiya [The analysis of the features of the priority development areas’ legal status]. Mezhdunarodnyy zhurnal prikladnykh i fundamentalnykh issledovaniy [International journal of applied and basic research], 8–4, 738–742.
Kosov, M. E. (2015). Ekonomicheskie zony Rossii. Problemy i osobennosti nalogovogo regulirovaniya [Economic zones of Russia. Problems and features of tax regulation]. Teoreticheskie i prikladnye aspekty sovremennoy nauki: sb. nauch. tr. po materialam VIII Mezhdunarodnoy nauchno-prakticheskoy konferentsii 27 fevralya 2015 g.: v 7 ch. [Theoretical and applied aspects of modern science: collection of scientific articles on proceedings of 8th International Scientific and Practical Conference, February 27, 2015: in 7 pt.]. In: M. G. Petrova (Ed.). Belgorod : Pt. 7, 58–65.
Medvedeva, L. M. (2015). Territorii operezhayushchego sotsialno-ekonomicheskogo razvitiya kak instrument gosudarstvennoy politiki [Priority socio-economic development areas as tool of state policy]. Vestnik Vladivostokskogo gosudarstvennogo universiteta ekonomiki i servisa [Bulletin of the Vladivostok State University of Economy and Service], 3(30), 59–67.
Zeldner, A. & Kozlova, S. (2013). Upravlenie protsessom privlecheniya chastnykh investitsiy v osobyye ekonomicheskie zony Rossii [Management of the process of the attraction of private investments into special economic zones of Russia]. Problemy teorii i praktiki upravleniya [Theoretical and practical aspects of management], 10, 75–80.
Bezpalov, V. V. & Lomakina, E. A. (2015). Problemy funktsionirovaniya osobykh ekonomicheskikh zon v Rossii [Problems of functioning of special economic zones in Russia]. Ekonomika i sovremennyy menedzhment. Teoriya i praktika: sb. st. po materialam XLV mezhdunar. nauch.-prakt. konf. [Economics and modern management. Theory and practice: collection of the articles on the proceedings of 45th International Practical Conference], 1(45). Novosibirsk: SibAK Publ., 125–132. Retrieved from: http://sibac.info/conf/econom/xlv/40576 (date of access: 01.04.2016).
Burov, M. & Naumova, Yu. (2012). Osobyye ekonomicheskie zony. Territoriya innovatsionnogo razvitiya [Special economic zones. Territory of innovative development]. Problemy teorii i praktiki upravleniya [Theoretical and practical aspects of management], 5, 59–67.
Torshin, A. (2014). Pochemu regiony zalezayut v dolgi? [Why the regions get into debts?]. Rossiyskaya Federatsiya [Russian Federation], 8, 22–23.
Ostanin, V. A. (2015). Formirovanie effektivnoy sistemy upravleniya na territorii operezhayushchego razvitiya [Formation of an effective control system in the priority development area]. Vestnik Khabarovskoy gosudarstvennoy akademii ekonomiki i prava [Bulletin of the Khabarovsk State Academy of Economics and Low], 4/5, 12–16.
Koren, A. V. & Tatuyko, A. V. (2015). Nalogovoye regulirovanie territoriy operezhayushchego sotsialno-ekonomicheskogo razvitiya na Dalnem Vostoke [Tax regulation of the areas of priority socio-economic development in the Far East]. Fundamentalnyye issledovaniya [Fundamental research], 5, 619–622.
Kashina, N. V. (2015). Territorii operezhayushchego razvitiya v Dalnevostochnom regione. Osobennosti sozdaniya [Priority development areas in the Far East region. Features of creation]. Izvestiya Dalnevostochnogo federalnogo universiteta. Ekonomika i upravlenie [News of Far Eastern Federal University. Economics and management], 3(75), 29–41.
Lukina, T. S. & Patlasov, O. Yu. (2015). Strategii formirovaniya territorii operezhayushchego razvitiya [Strategy of formation of the priority development area]. Vestnik sibirskoy gosudarstvennoy avtomobilno-dorozhnoy akademii [Bulletin of the Siberian State Automobile and Road Academy], 3, 141–148.
Balova, S. I. (2015). Glavnoye — maksimalnaya pomoshch investoram [The essentials is the maximum help to investors]. Delovoye Priamurye [Business Priamurye], 8, 6–7.
Vorontsova, N. (2015). Subekty DFO poluchili lgotnyy delovoy rezhim [The entities of the Far East Federal District have received the preferential business condition]. Dalnevostochnyy kapital [The Far East capital], 8, 14–21.
Turovskiy, R. (2014). Territorii operezhayushchego razvitiya: luchshe menshe, da luchshe? [Priority development areas: is better less and better?]. EastRussia. Spetsialnyy pechatnyy vypusk k Investitsionnomu forumu «Dalniy Vostok — 2014» [EastRussia. Special printing issue to the Investment forum «The Far East — 2014»], 68–81.
Sidorov, E. (2014). Polpred obeshchal protorit dorogu [The Presidential Envoy promised to pave the way]. Dalnevostochnyy kapital [The Far East capital], 7, 12–13.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2016 Nadezhda Viktorovna Kashina
This work is licensed under a Creative Commons Attribution 4.0 International License.
