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Federal support of regional development: investment aspect

Author

Listed:
  • Irina Vladimirovna Grishina

    (Russian Foreign Trade Academy; Council for the Study of Productive Resources; Russian Academy of National Economy and Public Administration, Moscow, Russia)

  • Aleksandr Vladimirovich Kotov

    (Russian Academy of National Economy and Public Administration, Moscow, Russia)

Abstract

The article describes a methodical approach to efficiency assessment of the federal tools for regional development support, which links the intensity of various supporting measures of the regions with the intensity of attracting extra-budgetary investments into their fixed capital (as the dependent variable). Based on empirical evidence of Russia from 2000 to present the article shows that regional development support tools have had a little impact on attracting private investment in most regions, becoming a significant factor in the revitalization of the investment processes only for some of them.

Suggested Citation

  • Irina Vladimirovna Grishina & Aleksandr Vladimirovich Kotov, 2020. "Federal support of regional development: investment aspect," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 3, pages 23-34, March.
    • Handle: RePEc:alq:rufejo:rfej_2020_03_23-34
    as

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    References listed on IDEAS

    as
    1. Gibbons, Stephen & Overman, Henry G. & Nathan, Max, 2014. "Evaluating spatial policies," LSE Research Online Documents on Economics 59230, London School of Economics and Political Science, LSE Library.
    2. Enrico Moretti, 2014. "Local Economic Development, Agglomeration Economies, and the Big Push: 100 Years of Evidence from the Tennessee Valley Authority," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 129(1), pages 275-331.
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