STRUCTURAL ANALYSIS OF INDUSTRIAL PRODUCTION IN THE RUSSIAN ARCTIC ZONE

Abstract

In the current context of strengthening the existing and emerging challenges and threats for the economic security of the Russian Federation, studying structural transformations that define the immunity of the economic system to internal and external negative impacts seems quite essential and relevant. This paper aims at identifying main trends in structural transformations in the industrial production in the Arctic zone of the Russian Federation (or the RFAZ), which is strategic for the sustainable development of the national economy. For this purpose, the author executed an analysis of structural shifts and an estimation of the changes in the branch structure of industrial production in the Arctic regions in 2017–2019. The research was implemented on the basis of relative indicators for the types of economic activity in the total volume of dispatched goods produced domestically, works done and services provided by own efforts. The quantitative measurement of structural changes was made using the aggregate speed indicators (L. Kazints quadratic absolute structural changes coefficient (or the Kazints index)), intensity (K. Gatev integral structural shifts coefficient (or the Gatev index)) and a materiality level of structural changes (V. Ryabtsev integral coefficient of structural differences (or the Ryabtsev index)), as well as particular indices describing the weight, speed and index of structural shifts. It is found out that the structure of the industrial production in the RFAZ has not generally undergone significant changes for the period in question. This is explained by the multidirectionality of the dynamics in structural shifts at a regional level. Their analysis indicates that the orientation of the majority of Arctic region for mining of mineral resources becomes more pronounced that allows inferring the strengthening of structural disproportions in the industrial production of the Russian Arctic.

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