Е. V. Shcherbakova. Hierarchical Structure of the Economic Potential of a Region

UDK 332.12    http://regionsar.ru
DOI: 10.15507/2413-1407.104.026.201803.422-437    

Introduction. The economic potential of a region is a factor in positive trends in the development of economic systems and in the stability of the state in the international arena. The mechanisms of such influence are based on internal processes taking place in the structure of the economic potential of a region. However, the lack of fundamental study of the structure of the economic potential of a region and the increased interest in this issue are topical and led to the choice of this research topic which is aimed at studying the internal structure of the economic potential of a region as well as at determining the characteristics of each of its elements.

Materials and Methods. When determining the structure of the economic potential of a region, the methods of the empirical, experimental and theoretical levels were used such as the method of comparing different types of economic potential, the hypothetical and logical methods as well as the simulation method.

Results. By comparing the types of economic potentials at different levels of functioning of the economy, the elements of the structure of the economic potential of a region were identified and analyzed, subordination between them was established. Presence of subordination made it possible to identify the hierarchical structure and to present it in the form of a 3-level hierarchy. For a more accurate understanding of the links and significance of the hierarchy of types of the economic potential of a region, the meanings and components of each level of the hierarchy were described.

Discussion and Conclusions. A hierarchical structure of the economic potential of a region was revealed due to the existence of subordination between the elements of the structure. The research materials may be useful when planning economic development of a region and the state in order to strengthen market positions and competitiveness. The data obtained are of value both for economists and scientists involved in the study of regional economy.

Keywords: region, economic potential, structure, types of economic potential, characteristics of types, hierarchy

REFERENCES

1. Basyuk O.V. [Essential characteristic of the category of economic potential of a region]. Vіsnik sotsіalno-ekonomіchnikh doslіdzhen = Socio-Economic Research Bulletin. 2009; 36:244-249. Available at: http://vsed.oneu.edu.ua/archive(ru).php (accessed 28.05.2018). (In Ukr.)

2. Bondareva E.V., Groshev A.R., Grosheva T.A., Ovcharenko A.M. Innovative region potential. Sovremennye problemy nauki i obrazovaniya = Modern Problems of Science and Education. 2012; 4. Available at: http://www.science-education.ru/en/article/view?id=6828 (accessed 28.05.2018). (In Russ.)

3. Menshchikova V.I. Economic potential of the region: terminology, structure, model. Vestnik TGU. Gumanitarnye nauki. Ekonomika. = Tambov University Review. Series Humanities. Economy. 2010; 4(84):51-63. Available at: https://cyberleninka.ru/article/n/ekonom-icheskiy-potentsial-regiona-ter... (accessed 28.05.2018). (In Russ.)

4. Erokhina E.V. The impact of intangible factors on the development potential of regional innovation subsystems (on materials of the Kaluga region). Sovremennye tekhnologii upravleniya = Modern Management Technology. 2015; 6(54). Available at: https://sovman.ru/article/5404 (accessed 28.05.2018). (In Russ.)

5. Maskaikin E.P., Artzer T.V. Innovative potential of the region: essence, structure, methodology of estimation and directions of development. Vestnik Yuzhno-uralskogo gosudarstvennogo universiteta. Seriya: Ekonomika i menedzhment = Bulletin of South Ural State University. Series. “Economics and Management”. 2009; 10(21):47-53. Avail-able at: https://cyberleninka.ru/article/n/innovatsionnyy-potentsial-regiona-susc... (accessed 28.05.2018). (In Russ.)

6. Bessonova E., Mereshchenko O. Methodology of the resource potential assessment under import substitution. Economic Annals-XXI. 2017; 163(1-2(1)):91-94. DOI: https://doi.org/10.21003/ea.V163-19

7. Cheymetova V.A., Nazmutdinova E.V. Socio-economic potential of the region and its evaluation. Asian Social Science. 2015; 11(7). DOI: http://dx.doi.org/10.5539/ass.v11n7p74

8. Bogdański M. Socio-economic potential of Polish cities – a regional dimension. Sciendo. 2012; 17:13-20. DOI: https://doi.org/10.2478/v10089-012-0002-8

9. Eickelpasch A. The industrial innovation potential of the regions: Stuttgart and Munich further ahead. German Institute for Economic Research. 2008; 4(8):49-57. Available at: http://www.diw.de/documents/publikationen/73/diw_01.c.89645.de/diw_wr_20... (accessed 28.05.2018). (In Russ.)

10. Zhang M., Schmidt Yu.D. Evaluation of the economic potential of a regional tourist complex. Ekonomicheskij analiz: teoriya i praktika = Economic Analysis: Theory and Practice. 2017; 2(461). DOI: https://doi.org/10.24891/ea.16.2.340

11. Shamakhov V.A., Shmatko A.D. The formation and use of tourist potential of re-gions in the context of socio-economic development. Upravlencheskoye konsultirovaniye = Managerial consulting. 2017; 8:29-35. DOI: https://doi.org/10.22394/1726-1139-2017-8-29-35

12. Riding A.L., Short D.M. On the estimation of the investment potential of informal investors: a capture/recapture approach. Journal of Small Business & En-trepreneurship. 2013; 5:26-40. DOI: https://doi.org/10.1080/08276331.1988.10600314

13. Gonchar K., Kuznetsov B. How import integration changes firms’ decisions to innovate. The Annals Regional Science. 2016; 60(3). DOI: https://doi.org/10.1007/s00168-015-0697-6

14. Beenstock M., Ramos R., Suriñach J. Migration, human capital and social capital: lessons for the EU neighbouring countries. International Journal of Manpower. 2015. 36(4):434-440. DOI: https://doi.org/10.1108/IJM-01-2015-0001

15. Downs L. Star talent: investing in high-potential employees for organizational success. Industrial and Commercial Training. 2015; 47(7):349-355. DOI: https://doi.org/10.1108/ICT-06-2015-0041

16. Ozov A.A. Regionalism and ins influence on accumulation of labour potential. Regionalnaya ekonomika: teoriya i praktika = Regional Economics: Theory and Practice. 2009; 39(132):29-34. Available at: http://www.fin-izdat.ru/journal/region/detail.php?ID=21909 (accessed 28.05.2018). (In Russ.)

17. Balatsky O.F. Theoretical problems of assessing the economic potential of the region, company, enterprise. Vіsnik Sumskogo derzhavnogo unіversitetu. Serіya Ekonomіka = Bulletin of Sumy state University. Series: Economics. 2004; 9(68):84-95. Available at: http://do.gendocs.ru/docs/index-204866.html (accessed 28.05.2018). (In Russ.)

Submitted 13.04.2018; accepted for publication 15.05.2018; published online 28.09.2018.

About the author:
Ekateryna V. Shcherbakova, Associate Professor, Department of Management, Lugansk State Academy of Culture and Arts named after M. Matusovsky (7 Red Square, Lugansk 91000, Ukraine), Ph. D. (Economics), ORCID: http://orcid.org/0000-0002-5646-4029, Researcher ID: L-2085-2016, blacksugar9000@mail.com

For citation:
Shcherbakova E.V. Hierarchical Structure of the Economic Potential of Region. Regionologiya = Regionology. 2018; 26(3):422-437. DOI: 10.15507/2413-1407.104.026.201803.422-437

The author has read and approved the final version of the manuscript.
To download article

Лицензия Creative Commons
Материалы журнала "РЕГИОНОЛОГИЯ REGIONOLOGY" доступны по лицензии Creative Commons «Attribution» («Атрибуция») 4.0 Всемирная