Structural Changes in the Economy: Searching for Sectoral Drivers of Growth

Leonidova, Ekaterina; Sidorov, Maksim

doi:10.15838/esc.2019.6.66.9

Cited by 17 publications

(4 citation statements)

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“…The model contains a type of activity "Tourism", which is not separately presented in the Russian statistics. To calculate tourist output and tourist value added by types of tourism-related activities, we use methodological tools based on the aggregation of data on the shipment of goods, performance of works and provision of services by Russian enterprises (LEONIDOVA et al, 2019).…”

Section: Methodsmentioning

confidence: 99%

Assessing impact of COVID-19 on the Russian tourism sector and its development scenarios in the context of value chains transformation

2022

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This study is devoted to assessing the pandemic’s impact on the Russian tourism sector functioning. The authors determine that the spread of coronavirus in the world significantly affected the state of tourism in Russia, greatly reducing the volume of outbound and inbound tourism and depriving tourist companies of the source of income. All representatives of the tourism industry, such as travel agencies and operators, accommodation facilities, as well as transport companies specializing in tourist transportation, face negative effects of COVID-19. The article calculates the effects for the Russian economy caused by decreased tourist demand in 2020 in the context of indicators, such as gross output, employee number and wage fund for all types of economic activity. In conclusion, the work proposes scenarios for boosting the Russian tourism sector in the near future with regard to current conditions, and for each scenario identifies measures for their implementation.

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Section: Methodsmentioning

confidence: 99%

Assessing impact of COVID-19 on the Russian tourism sector and its development scenarios in the context of value chains transformation

2022

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“…and Sidorov M.A. [4], Yun, J.J., Won, D. and Park, K. [5], Gruber, H. [6], Geldes C., Felzensztein C. and Palacios-Fenech J. [7].…”

Section: Previous Researchmentioning

confidence: 98%

Innovations in Industry as a Factor of Structural Changes in the Economy: Russian Experience

Akberdina

Smirnova

2021

SHS Web Conf.

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Sustainable development the industrial complex is impossible without the creation and maintenance of an innovative climate. The article presents a study of the patterns and trends of structural changes in the Russian economy. The authors describe the model of structural-dynamic processes, justify the thesis that the dynamics of economic indicators and structural technological changes are in a certain correspondence. In conclusion, the authors identify a number of reasons for Russia’s lagging behind developed countries.

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“…Researchers point out differences in IM effects' volume in infrastructure depending on the region [18] and investment application industry [19] and the need to activate those sectors of the economy, "The increasing demand for their products has a significant positive impact on the economy" [20]. However, in particular, based on the analysis of data on the U.S. economy over the past 120 years, researchers conclude that the values of the government spending multiplier are resistant to the negative impact of crisis phenomena [21].…”

Section: -Literature Reviewmentioning

confidence: 99%

Applying the Investment Multiplier to Identify Key Points of Economic Growth

et al. 2022

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The crisis phenomena irregularity due to the COVID-19 pandemic requires new, to a certain extent, non-routine tools for their settlement, namely the action effect enhancers of the state and private investors to develop the economy in conditions of shrinking volumes of available financial resources. The paper proposes the Investment Multiplier (IM) as such a tool. The author's model was generated based on a detailed description of developing multiplier processes to analyze its action. The study aims to estimate the IM values of the economies of Kurgan, Sverdlovsk, and Chelyabinsk, the most industrially developed Russian regions, and identify the main points of their economic growth. The key research method was regression analysis. The present study establishes interconnectivity between marginal propensity and savings, marginal propensity and imports, marginal tax rate, and investment accelerator, and their influence on the regional multiplier. From a position of investment multiplier, the authors try to narrow the research gap in how investment policies influence the economic growth of the Russian regions. The study results determine IM values for the analyzed regions, identifying their differences and reasons. The key points of economic growth in these regions were identified. The scientific novelty involves applying changes in regional multiplier processes' dynamics to determine the key development points. The practical significance is that the IM value is an analytical tool that will identify existing key points of regional economic development and, by managing the IM value, create new points for investments with a large-scale multiplier effect, thus developing the regional economy. Doi: 10.28991/ESJ-2022-06-02-05 Full Text: PDF

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Structural Changes in the Economy: Searching for Sectoral Drivers of Growth

Cited by 17 publications

References 0 publications

Assessing impact of COVID-19 on the Russian tourism sector and its development scenarios in the context of value chains transformation

Assessing impact of COVID-19 on the Russian tourism sector and its development scenarios in the context of value chains transformation

Innovations in Industry as a Factor of Structural Changes in the Economy: Russian Experience

Applying the Investment Multiplier to Identify Key Points of Economic Growth

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