An analysis of international economic activities of Russian regions by means of virtual clustering

Keywords: international economic activities, Russian regions, clusters, representative region, export, import, foreign investment

Abstract

Subject. Today, the involvement of Russian regions in the world economy is becoming more and more important. Additionally, international economic relations of the regions have their own specific features determined by the level of the social and economic development of the region, its production capacities, infrastructure, the support of authorities and a number of other factors which need to be taken into account when developing the corresponding policies.
Objectives. To classify Russian regions into groups with a similar level of development of various types of international economic activities and to identify their specific features.
Methods. The following research methods were used to achieve the goal: a cluster analysis was used to group regions into virtual clusters; a comparative analysis was used to identify regions representing the specific features of the development of the relevant clusters; a correlation-regression analysis was used to detect and predict the dynamics of parameters of international economic activities of Russian regions.
Results.
As a result of processing original statistical data for 2018 for nine indicators, 81 Russian regions were grouped into five virtual clusters. The clusters were ranked according to the sums of standardised values of indices reflecting the level of development of international economic relations. The specific features of international economic activities of the clusters, their strengths and weaknesses, and representative regions were determined.
Conclusions. It was found that Russian regions are strongly differentiated according to the level of the development of international economic relations. Since regions are focused on separate areas of international economic activity, it was possible to form 5 uniform virtual clusters. Cluster A (comprised of 3 regions) is focused on the international technology-based production with contributions from foreign funds. Its products are sold in the CIS countries and oversees. The most developed area of economic activity of cluster B (10 regions) is exports to the CIS countries. Cluster C (4 regions) is characterised by the extremely unbalanced development of the studied parameters. Its strengths include exports to foreign countries and the inflow of direct foreign investments. Among the relatively developed areas of international economic activities of cluster D are exports of goods abroad and imports of technologies and technical services. Cluster E (43 regions) is an outsider and does not have a pronounced focus on international economic activities. The weakest position for all five clusters is exports of technologies and technical services abroad.

Metrics

Metrics Loading ...

Author Biographies

Anna Y. Kosobutskaya, Voronezh State University

Dr. Sci. (Econ.), Prof., Department of Organization Economics and Management.

Maxim O. Gladkikh, Voronezh State University

Cand. Sci. (Econ.), Assoc. Prof., Department of Organization Economics and Management.

Ekaterina P. Tsebekova, Voronezh State University

Cand. Sci. (Econ.), Assoc. Prof., Department of Organization Economics and Management.

Elena A. Opoykova, Voronezh State University

Postgraduate student, Department of Organization Economics and Management.

References

Abdalkhusseyn, A., Isaeva, E. M. & Treshchevsky, Yu. I. (2015) Application of virtual clustering method in analysis of foreign economic relations of Russian regions. Modern Economics: problems and solutions. 10 (70), 82–103. DOI: 10.17308/meps.2015.10/1320. (In Russian)

Andreeva, E.L. (2019) Vneshnejekonomicheskaja dejatel'nost' regiona v uslovijah global'nyh vyzovov [Foreign economic activity of the region in the context of global challenges]. Ekaterinburg, Institut jekonomiki Ural'skogo otdelenija RAN publ. (In Russian)

Bobrova, V. V. (2019) [Region in the system of foreign economic relations: methodological aspect]. Orenburg horizons: past, present, future. Proceedings of the All-Russian scientific-practical conference dedicated to the 275th anniversary of the Orenburg province and the 85th anniversary of the Orenburg region, Pp. 15–17. (In Russian)

Bystryantseva, D. I. & Shchepina, I. N. (2019) Typologization of Russian regions on the basis of tourist activity data. Proceedings of Voronezh State University. Series: Economics and Management. 3, 100–108. DOI: https://doi.org/10.17308/econ.2019.3/2462 (In Russian)

Vladimirova, I. S. (2020) [Evaluation of foreign economic activity of Russian regions by using statistical tools]. Actual problems and prospects of state statistics development in modern conditions. Proceedings of the International Scientific-Practical Conference. Saratov, Saratov Socio-Economic Institute (branch) of G.V. Plekhanov Russian University of Economics publ., 20–23. (In Russian)

Izotov, D. A. (2018) Influence of foreign economic activity on the economic growth of Russian regions. Economy of region. 14 (4), 1450–1462. DOI 10.17059/2018–4–30. (In Russian)

Kosobutskaya, A. Yu., Opoykova, E. A., Budnik, A. A. & Muslimova V. M. Dynamics of region’ foreign economic relations under instable macroeconomic processes. Consequences and challenges of the coronavirus pandemic for technological and socio-economic development of society: Proceedings of the International Scientific and Practical Conference, December 10, 2020, Yaroslavl, ed. by Shkiotov S.V., Gordeev V.A. Yaroslavl, Yaroslavl State Technical University publ., 85–90. (In Russian)

Treschevskiy, Y. I. & Kruglyakova, V. M. (2011) Cluster approach to the analysis of factors and conditions of investment activity in Russian regions. Economics and Management. 7 (69), 17–21. (In Russian)

Mandel, I. D. (1988) [Cluster Analysis]. Moscow, Finance and Statistics. (In Russian)

Nikitina, L. M. & Kurkin, V. A. (2020) Application of cluster analysis to assess the development of the digital economy in Russian regions. Region: systems, economy, management. 3 (50), 28–38. (In Russian)

Oldenderfer, M. S. & Blashfield, R. K. (1989). Factorial, discriminant and cluster analysis, Moscow, Finance and Statistics. (In Russian)

Risin, I. E. (2019) Strategizing development processes foreign economic activity of the subjects of Russian Federation. Proceedings of Voronezh State University. Series: Economics and Management. 4, 73–77. (In Russian)

Treshevsky, Y. I., Bakhtin, M. N., Klimov, N. A. & Nikul'nikov, P.D. (2019) Export-import relations of the regions of central-black earth macro – trends presanctions and sanction periods. Region: systems, economy, management. 1 (44), 37–47. (In Russian)

Bitarova, M. A., Getmantsev, K. V., Ilyasova, E. V., Krylova, E. M. & Treshchevsky, Y. I. (2019) Factors of Socio-Economic Development of Rural Regions in the Area of Influence of City Agglomerations. In: Popkova E. (eds) The Future of the Global Financial System: Downfall or Harmony. ISC 2018. Lecture Notes in Networks and Systems, vol 57. Springer, Cham. Pp. 183–194. DOI: 10.1007/978-3-030-00102-5_19

Hartigan, J.A. & Wong, M.A. (1979) Algorithm AS 136: A K-Means Clustering Algorithm. Journal of the Royal Statistical Society Series C (Applied Statistics). 28 (1), Рр. 100–108.

Kosobutskaya, A. Yu. & Bakhtin, M. N. (2020) Trends of Socio-Economic Development in the Russian Regional Space. In: Elena G. Popkova (ed.), Growth Poles of the Global Economy: Emergence, Changes and Future Perspectives. Series: Lecture Notes in Networks and Systems. Springer International Publishing. 73, 1121–1129.

Treshchevsky, Yu. I., Kosobutskaya, A. Yu., Opoikova, E. A. & Papina, O. N. (2020) The Effects of Macroeconomic Shocks on Trends of Region’s Foreign Economic Activity. In: Khalid S. Soliman (ed.), Sustainable Economic Development and Advancing Education Excellence in the era of Global Pandemic: Proceedings of the 36th International Business Information Management Association Conference (IBIMA). 4–5 November 2020. Granada, Spain. Pp. 8012–8023.

Treshchevsky, Yuri, Nikitina, Larisa, Litovkin, Mikhail & Mayorova, Valentina (2017) Results of innovational activities of Russian Regions in view of the types of economic culture. In: Elena G. Popkova (ed.), Russia and the European Union. Contributions to Economics, Springer,. Pp. 47–53. DOI: 10.1007/978-3-319-55257-6_7.

Published
2021-06-30
How to Cite
Kosobutskaya, A. Y., Gladkikh, M. O., Tsebekova, E. P., & Opoykova, E. A. (2021). An analysis of international economic activities of Russian regions by means of virtual clustering. Eurasian Journal of Economics and Management, (2), 49-59. https://doi.org/10.17308/econ.2021.2/3459
Section
Regional Economy