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N. Tumalanov, E. Tumalanov

Formation of economic growth vectors under reproduction conditions in the region

Keywords: factor advantage, competitiveness, reproduction conditions, growth vectors

The article outlines the results of studying theoretical and practical aspects of the use of factor advantages, geographical location, infrastructure and competitive environment in markets which are promising for industries growth in the region. It is proved that these factors can create conditions for vectors of growth formation in some industries. Industries and their markets segments with a high potential to become growth vectors of the regional economy are emphasized. The factors that could exacerbate uncertainty and risk in these markets are revealed. The need of taking active actions by central and regional authorities to create necessary institutional conditions for competition and development in the markets studied and in product segment is substantiated.

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About authors

Tumalanov Eduard
candidate of economic sciences, labor and salary bureau head, JSC "V.I. Chapaev Cheboksary Production Association", Russia, Cheboksary (tumalanow@mail.ru; )
Tumalanov Nikolay V.
Doctor of Economics Sciences, Professor, Department of State and Municipal Administration and Regional Economy, Chuvash State University, Russia, Cheboksary (tumalanovnv@mail.ru; )

Article link

N. Tumalanov, E. Tumalanov Formation of economic growth vectors under reproduction conditions in the region [Electronic resource] // Oeconomia et Jus. – 2016. – №4. P. 16-23. – URL: https://oecomia-et-jus.ru/en/single/2016/4/3/.