| In the section | Surveys |
| Title of the article | Special Economic Zones: Efficient or Not? |
| Pages | 129-152 |
| Author 1 | Olga Vladimirovna Kuznetsova Doctor of Economics, Professor, RAS Professor Federal State Institution ‘Federal Research Center ‘Informatics and Management’ of the Russian Academy of Sciences’, Institute for System Analysis 9, 60-letiya Oktyabrya Prospect, Moscow, Russia, 117312 This email address is being protected from spambots. You need JavaScript enabled to view it. |
| Abstract | The article discusses issues of the existing approaches to evaluating efficiency of special economic zones (SEZ). It is shown that it is wrong to evaluate all of the SEZ as a whole, and the results of each particular SEZ depend on its type, geographic location, infrastructure funding, tax incentives and sectoral structure of the regional economy. The performance lack of SEZ is determined not only by its features but also by general economic problems: the shortcomings of the federal investments procedures (including project selection), sub-optimal division of powers between federal and regional authorities and the duplication of federal tools to support investors. Therefore it is necessary to take into account the aforementioned factors to improve the performance of SEZ, but not eliminate them. |
| Code | 338.2 |
| DOI | 10.14530/se.2016.4.129-152 |
| Keywords | special economic zones ♦ efficiency evaluation methods ♦ federal investment ♦ preferential investment regime ♦ SEZ residents ♦ SEZ types ♦ economic and geographical position ♦ subjects of the Russian Federation ♦ Russia |
| Download | SE.2016.4.129-152.Kuznetsova.pdf |
| For citation | Kuznetsova O.V. Special Economic Zones: Efficient or Not?. Prostranstvennaya Ekonomika = Spatial Economics, 2016, no. 4, pp. 129-152. DOI: 10.14530/se.2016.4.129-152. (In Russian). |
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| Financing | The study was supported by the Russian Science Foundation grant (project No. 14-28-00097 ‘Optimization of Russia’s foreign investment relations in the context of deteriorating relations with the EU’) of the Primakov National Research Institute of World Economy and International Relations RAS |
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