Analysis of the structure of the regional economy and assessment of its transformation prospects
Management of structural transformations of the regional economy is an important condition for increasing its competitiveness. In the article the author conducts a comparative analysis of the structure of the regional economies of Voronezh, Lipetsk and Tambov regions and assesses the prospects of transformation. The analysis is based on statistical data and is carried out in several stages. At the first stage, the structure of GRP by types of economic activity for each object of the study was analyzed and it was found that in all regions there are no significant structural changes in GRP by types of economic activity, and «growth points»were identified. At the second stage, in order to assess the prospects of transformation of the structure of the regional economic system, the ratio of investments in fixed assets by economic activity and the structure of GRP was analyzed. At the third stage, the nature and degree of interrelations between the ongoing changes in the structure of the economy and the indicators of changes in the regional product based on the calculation of the growth elasticity index are revealed. As a result of the analysis, the most probable directions of transformation of the structure of regional economies are determined.