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Regional market structure: reproduction aspect

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  • A.S.Novoselov

Abstract

The paper generalizes the results of the studies concerning the development of the market infrastructure and regional markets, and considers key stages of evolution of the regional market theory and a system approach. The author has proved that a reproduction approach should be regarded as the most fruitful because it allows researchers to study both the regional market relations and the interactions between regional market operators. The paper analyzes the elements forming a regional market system and the question how they correlate with the regional economy and external economic space. The paper also describes the role which the regional market system plays in reproduction processes. The author analyzes an institutional structure of the regional market system and the factors which determine its structure, and he also considers the new trends in the development of the regional market system which could take place under globalization processes.

Suggested Citation

  • A.S.Novoselov, 2007. "Regional market structure: reproduction aspect," Journal "Region: Economics and Sociology", Institute of Economics and Industrial Engineering of Siberian Branch of RAS, vol. 1.
    • Handle: RePEc:nos:regioe:2007-1_3
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