In the section Articles
Title of the article On the Efficiency and Equality in the Federal Investment Policy
Pages 51-61
Author Andrei Vasilievich Belov
Candidate of Economics, Professor
Fukui Prefectural University
Matsuoki, Japan
This email address is being protected from spambots. You need JavaScript enabled to view it.
Abstract A non-econometric estimation of the regional production function for the Russian Federation constituents is given. It is established that distribution of federal investments and labor resources is hardly connected with the marginal productivity of capital and labor, and thus is not market-efficient. Alternative variants of the investment and migration policy, optimum from the standpoint of efficiency and equality, are offered
Code 330.356.7;330.322.14;331.556.2
DOI 10.14530/se.2009.1.051-061
Keywords Production function ♦ spatial allocation ♦ budgetary investment ♦ regional migration ♦ regional policy
Download SE.2009.1.051-061.Belov.pdf
For citation Belov А.V. On the Efficiency and Equality in the Federal Investment Policy. Prostranstvennaya Ekonomika = Spatial Economics, 2009, no. 1, pp. 51-61. DOI: 10.14530/se.2009.1.051-061. (In Russian).
References 1. Белов А. Территориальное размещение факторов производства в Российской Федерации: равенство или эффективность? // Экономика и математические методы. 2008. Т. 44. Вып. 4.
2. Бессонов В. О динамике совокупной факторной производительности в российской переходной.экономике..М.:.Институт.экономики.переходного.периода,.2004.
3. Бессонов В..Проблемы.построения.производственных.функций.в.российской переходной экономике// Бессонов В., Цухло С. Анализ динамики российской переходной экономики. М.: Институт экономики переходного периода, 2002.
4. Российский статистический ежегодник. М.: Росстат, 2007.
5. Kataoka M. Effect of Public Investment on the Regional Economies in Postwar Japan // Review of Urban and Regional Development Studies. 2005. Vol. 17. № 2.
6. OECD Productivity Manual: A Guide to the Measurement of Industry-Level and Aggregate Productivity Growth. Paris: OECD, 2001.
7. OECD. Regions at a Glance. Paris: OECD, 2007.
8. The World Bank. Russia: Towards Improving the Efficiency of Public Investment Expenditures. Washington: The World Bank, 2001.
9. Yamano N., Ohkawara T. The Regional Allocation of Public Investment: Efficiency or Equity? // Journal of Regional Science. 2000. Vol. 40. № 2.

ISSN (Print) 1815-9834
ISSN (Online) 2587-5957

Minakir Pavel Aleksandrovich,
Editor-in-Chief
Tel.: +7 (4212) 725-225,
Fax: +7 (4212) 225-916,
 
Samokhina Lyudmila, Executive Editor
Tel.: +7 (4212) 226-053
Fax: +7 (4212) 225-916,
 
Editors
Tel.: +7 (4212) 226-053,
Fax: +7 (4212) 225-916,
 
To Editorial Staff of “Spatial Economics”
Economic Research Institute FEB RAS
153 Tikhookeanskaya St., Khabarovsk, RUSSIA, 680042

 

 

Creative Commons License
Unless otherwise noted, content on this site is licensed under a Creative Commons Attribution 4.0 International License