Economics, Econometrics and Finance
3 years ago

Russian industrial regions show stark divergence in development, impacting economic stability.

E3S Web of Conferences
Convergence of Russian industrial regions
E. A. Shamova

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The article examines how different industrial regions in Russia are developing economically. By studying data from 1999 to 2019, the researchers found that regions specializing in agriculture showed some convergence in development, while regions focused on raw materials and industry experienced divergence. This means that some regions are getting closer in terms of economic development, while others are moving further apart.