Classification and assessment of institutional factors of regional economic development

Relevance. The study is conditioned by the need to study institutional factors as the basis for the development of the region's economy. This requires a universal methodological approach to such an assessment due to the diversity of social and economic potentials of regions in the Russian Federation and the military-political factor constraining the development of new regions. The purpose is to develop classification criteria, criteria and a typology of institutional factors that form the structure of a methodological approach to assessing the state and impact of institutional factors on the development of the region's economy. Objectives: to structure a system of criteria that make it possible to identify institutional factors influencing the development of the region's economy, taking into account external conditions – integration into the economic space of the Russian Federation of new regions (Donetsk People's Republic, Lugansk People's Republic, Kherson and Zaporizhia regions); to form a methodological approach to assessing the state and impact of institutional factors on the development of the region's economy. Methodology. General scientific methods of analysis, synthesis, generalization of the authors' research results, deduction and induction were used in the preparation of this publication. Results. A study has been conducted on the theoretical foundations that make it possible to classify the     institutional factors of the region's economic development according to the following criteria: the degree, level and scope of impact on the economic potential of the region; the level of formalization; the degree of centralization; the nature of ownership; the area of operation. Conclusions. The structure of the methodological approach to assessing the state and impact of institutional factors on the development of the region's economy is substantiated. This structure consists of three stages: collection and analysis of statistical indicators in the context of an integrated structure of institutional factors; calculations based on a comparison of disparate private indicators; expert assessment of qualitative indicators of institutional factors.

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