Open AccessMODERN APPROACHES TO ASSESSMENT INFRASTRUCTURAL EFFECTS OF ECONOMIC GROWTH
Author(s) -
O.Yu. Patrakeeva
Publication year - 2020
Publication title -
èkologiâ. èkonomika. informatika. tom 1: sistemnyj analiz i modelirovanie èkonomičeskih i èkologičeskih sistem
Language(s) - English
Resource type - Journals
ISSN - 2500-395X
DOI - 10.23885/2500-395x-2020-1-5-270-276
Subject(s) - per capita , productivity , estimation , stimulus (psychology) , transportation infrastructure , scale (ratio) , business , economic geography , economics , economic growth , transport engineering , engineering , geography , psychology , population , demography , cartography , management , sociology , psychotherapist
Infrastructure provides stimulus to the national and region economy. This paper develops theoretical and practical framework for estimating the economic effects generated from infrastructure. Its three types are considered: roadway, railway, and telecommunications. The hypothesis is that the infrastructure has a positive impact on regional economic development and there are spatial external effects. Estimation showed that road and telecommunications have a positive impact on economic development for Russia, and their external effects also appear. The contribution of railways to increasing labor productivity was insignificant for western and eastern regions. At the same time, the mobile communications per capita is a significant factor for western and eastern regions. The results indicate the necessity to adjust the strategy aimed at implementation of large-scale interregional infrastructure projects.