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Resilience of Russian Regions to Economic Shocks

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  • N. N. Mikheeva

    (Institute of Economic Forecasting, Russian Academy of Sciences)

Abstract

— In article the issues of resilience of regions to crisis shocks and methods of their assessment are considered. Indicators of GRP dynamics during the crisis period were used as a resilience criterion. A grouping of regions depending on the response to the economic crisis is presented, regions resistant to the crises of 2009 and 2015 are identified. To assess the contribution to the regional dynamics of the consequences of national, structural and regional shocks, the method of structural shifts was used. It is shown that the regional component is a significant factor determining the resilience of the region. The contribution of regional factors to resilience was quantified on the basis of regression analysis.

Suggested Citation

  • N. N. Mikheeva, 2021. "Resilience of Russian Regions to Economic Shocks," Studies on Russian Economic Development, Springer, vol. 32(1), pages 68-77, January.
    • Handle: RePEc:spr:sorede:v:32:y:2021:i:1:d:10.1134_s107570072101010x
    DOI: 10.1134/S107570072101010X
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    References listed on IDEAS

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    1. Steven Brakman & Harry Garretsen & Charles van Marrewijk, 2015. "Regional resilience across Europe: on urbanisation and the initial impact of the Great Recession," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 8(2), pages 225-240.
    2. Elias Giannakis & Adriana Bruggeman, 2017. "Determinants of regional resilience to economic crisis: a European perspective," European Planning Studies, Taylor & Francis Journals, vol. 25(8), pages 1394-1415, August.
    3. Esteban, J., 2000. "Regional convergence in Europe and the industry mix: a shift-share analysis," Regional Science and Urban Economics, Elsevier, vol. 30(3), pages 353-364, May.
    4. Zemtsov, S. & Smelov, Y., 2018. "Factors of Regional Development in Russia: Geography, Human Capital and Regional Policies," Journal of the New Economic Association, New Economic Association, vol. 40(4), pages 84-108.
    5. N. N. Mikheeva, 2020. "Economic Dynamics of Russian Regions: Crises and Ways to Restore Growth," Regional Research of Russia, Springer, vol. 10(1), pages 1-9, January.
    6. Paolo Caro & Ugo Fratesi, 2018. "Regional determinants of economic resilience," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 60(2), pages 235-240, March.
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    Cited by:

    1. L. V. Melnikova, 2021. "Spatial Analysis of the Dynamics of Structural Shifts in the Economies of Russian Regions in 2004–2019," Regional Research of Russia, Springer, vol. 11(4), pages 454-463, October.
    2. M. Yu. Malkina, 2022. "The Resilience of the Russian Regional Economies to the 2020 Pandemic," Regional Research of Russia, Springer, vol. 12(3), pages 309-320, September.
    3. O. V. Kuznetsova, 2021. "Economy of Russian Regions in the Pandemic: Are Resilience Factors At Work?," Regional Research of Russia, Springer, vol. 11(4), pages 419-427, October.
    4. Yi Xu & Jian Li & Yongcan Yan & Pengcheng Gao & Heng Xie, 2022. "Can Coordinated Development of Manufacturing and Information Communication Service Industries Boost Economic Resilience? An Empirical Study Based on China’s Provinces," Sustainability, MDPI, vol. 14(17), pages 1-15, August.
    5. O. V. Kuznetsova, 2022. "The Transformation of the Spatial Structure of an Economy in the Crisis and Post-Crisis Periods," Regional Research of Russia, Springer, vol. 12(4), pages 451-458, December.
    6. M. Yu. Malkina, 2022. "Revenues of Russian Subfederal Budgets under the Pandemic: A Spatial Reversal," Regional Research of Russia, Springer, vol. 12(4), pages 544-555, December.

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