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Interrelation of R&D, Knowledge Spillovers, and Dynamics of the Economic Growth of Russian Regions

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  • M. A. Kaneva

    (Gaidar Institute for Economic Policy
    Russian Academy of Sciences)

  • G. A. Untura

    (Russian Academy of Sciences
    Novisibirsk State University)

Abstract

The article explores the interrelations between research and development (R&D), innovation activity, and economic growth in the Russian regions. To analyze these interrelations, the econometric framework is applied. Based on data for 2005–2013, panel regression with fixed effects and the Arellano–Bond model are constructed. Hypotheses about the significant impact of knowledge and socioeconomic conditions on regional growth have been tested, while the expenditure on R&D and technological innovation are used to analyze knowledge spillovers; and spillovers of socioeconomic conditions are modeled with a socioeconomic filter. The results of calculations indicate possible competition for labor in the industry when this indicator is included in the socioeconomic filter. The calculations also confirm the significant impact of expenditure on technological innovation and spillovers on technological innovations for regional economic growth. At the same time, knowledge has been more efficiently disseminated to regions with high absorptive capacity, as well as between regions with similar growth rates. The authors conclude that knowledge spillovers can have a significant impact on gross regional product per capita (GRP) growth. The results can be used by regional governments when formulating innovation policy.

Suggested Citation

  • M. A. Kaneva & G. A. Untura, 2018. "Interrelation of R&D, Knowledge Spillovers, and Dynamics of the Economic Growth of Russian Regions," Regional Research of Russia, Springer, vol. 8(1), pages 84-91, January.
    • Handle: RePEc:spr:rrorus:v:8:y:2018:i:1:d:10.1134_s2079970518010045
    DOI: 10.1134/S2079970518010045
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    Cited by:

    1. Acheampong, Alex O. & Dzator, Janet & Dzator, Michael & Salim, Ruhul, 2022. "Unveiling the effect of transport infrastructure and technological innovation on economic growth, energy consumption and CO2 emissions," Technological Forecasting and Social Change, Elsevier, vol. 182(C).
    2. B. M. Mukhamediyev & L. S. Spankulova, 2022. "Mutual Influence of Innovation and Human Capital on Regional Growth in Neighboring Countries: The Case of Russia and Kazakhstan," Regional Research of Russia, Springer, vol. 12(3), pages 350-364, September.
    3. A. V. Kotov, 2021. "Determining the Smart Specialization of Russian Regions in the Context of Domestic and European Experience," Regional Research of Russia, Springer, vol. 11(3), pages 378-386, July.
    4. N. A. Kravchenko & S. A. Kuznetsova & A. T. Yusupova & S. R. Khalimova & N. P. Baldina, 2019. "Development of High-Tech Business in Siberia: Constraints and Prospects," Regional Research of Russia, Springer, vol. 9(2), pages 146-154, April.
    5. Galina Afanasyevna Untura, 2019. "Estimation of Human Capital Influence on Economic Growth in Russian Regions under Conditions of Financial Shortage," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 1, pages 107-131.

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