CLASSIFICATION OF RUSSIAN REGIONS ON THE DYNAMICS OF DEVELOPMENT IN THE YEARS 2005-2011

• Main Authors: I. A. Vinyukov, Yu. N. Blagoveschensky, L. P. Konnova, E. V. Maevskiy, P. V. Yagodovsky
• Format: Article
• Language: Russian
• Published: Government of the Russian Federation, Financial University 2017-10-01
• Series: Финансы: теория и практика
• Subjects: classification of subjects of the russian federation; the financial indicators; principal components; a robust normalization; the reference regions; fiscal capacity; rating
• Online Access: https://financetp.fa.ru/jour/article/view/125

The article is devoted to the development of classification of the subordinate entities of the Russian Federation based on the data of the State statistical reporting for 2005-2011 and aimed at assessment of financial solvency of regions concerning budget backing, attracting of investments, promoting export-import relationship between foreign countries and their fiscal policy in the relations with the federal center. The main achievement is a new approach to formation of integrated characteristics (indexes) which work equally well during different periods of development of the economy (range 2005-2011 contains upswing, crisis and an initial stage of its surmounting). As a result 4 indexes reflecting separate sides of affluence of regions were designed, and common criteria of classification were created on their base. As a result all the regions were divided into 6 well interpreted classes. Shows non-conditionality the classification by regressions on indicators of well-being and evaluated regression of recent on financial indicators.