Centre vs. Regions: Which Level is more effective in Promoting the Economy?
https://doi.org/10.21686/2073-1051-2013-3-139-152
Abstract
This paper presents the evaluation of the correlation between GRP growth rates in Russian Federation regions and budget investments' indicators in 1997-2009. The paper proves that regional investments' effect over economic growth appears to be significantly higher than that of the federal investments. The author argues for the transfer of the dominating share of investment resources to the regional level as well as orientation of the investment policy to the peculiarities of each group of regions, classified by cluster analysis.
References
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Review
For citations:
Belov A.V. Centre vs. Regions: Which Level is more effective in Promoting the Economy? Federalism. 2013;(3):139-152. (In Russ.) https://doi.org/10.21686/2073-1051-2013-3-139-152
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