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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
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    References listed on IDEAS

    as
    1. Steve Gibbons & Max Nathan & Henry G. Overman, 2014. "Evaluating Spatial Policies," SERC Policy Papers 012, Centre for Economic Performance, LSE.
    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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