Conceptual framework of the region research as an open economic system: Synthesis of political economy and institutionalism
DOI:
https://doi.org/10.17072/1994-9960-2018-2-159-176Abstract
Regional economy issues are popular in modern economic literature, but majority of the studies are characterized as specific economic, organizational or managerial in their origin. At the same time, fundamental theoretical issues of territorial development should also be considered. The main object of this article is to reveal the regional economy concept, first, within the framework of the reproduction approach, secondly, within its multilevel nature, thirdly, in terms of its understanding as an open economy, and fourth, as the interrelation between the economic and social. From methodological point of view, the research is based on the interpenetration and complementarity of political economy and institutionalism, that means the combination of the objective foundations of processes and phenomena (the political and economic aspect) with the definition of conditions and prerequisites for their implementation, taking into account subjective factors (institutional aspect). This dual methodological principle can be applied to different objects. Thus, the concept of "region" is interpreted as an economic territorial formation with blurred boarders (an open economic system), but at the same time the orderliness of these boarders is provided through the use of the concept of an administrative-territorial unit. Structurization of regional reproduction as an open economic system has been made. The system involves the nomination of a number of fundamental problems (the four-block system of economic activities on the basis of an import-export principle, the corrective role of the market, the multidimensionality of production as a necessary condition for normal development, a structural shift towards trade activities and others) have been made. The research results can be applied in the theory of reproduction, in the field of specific economic, organizational and managerial sciences related to the region and regional economic policy. Further consideration of the open regional economic system implies the isolation of two-valued processes in the economy – a depressive and innovative one. The movement of the economy is carried out by identifying the braking moments, their elimination and the search for new market niches, new development impulses.
Keywordsregional economy, reproduction, open economic system, concepts of regional reproduction, material production, multilevel economy, self-sufficiency of the economy, corrective role of the market, interrelation of economic and social, Ivanovo region, depressive region
For citationBabaev B.D., Nikolaeva Е.Е. Conceptual framework of the region research as an open economic system: Synthesis of political economy and institutionalism. Perm University Herald. Economy, 2018, vol. 13, no. 2, pp. 159–176. DOI 10.17072/1994-9960-2018-2-159-176
References1. Maevskii V.I. Evolyutsionnaya teoriya i makroekonomika [Evolutionary theory and macroeconomics]. Voprosy ekonomiki [Issues of Economics], 1997, no. 3, pp. 26–39. (In Russian).
2. Maevskii V.I., Malkov S.Y. Novyi vzglyad na teoriyu vosproizvodstva [A new look at the theory of reproduction]. Moscow, INFRA-M Publ., 2015. 238 p. (In Russian).
3. Sorokin D.E. Vosproizvodstvennyi rakurs rossiiskoi modernizatsii [Reproduction perspective of the Russian modernization]. Mirovaya ekonomika i mezhdunarodnye otnosheniya [World Economy and International Relations], 2013, no. 6, pp. 117–123. (In Russian).
4. Sorokin D.E. Kontseptsiya ustoichivogo innovatsionnogo rosta [The concept of sustainable innovation growth]. Moscow, Finansovyi universitet Publ., 2012. 179 p. (In Russian).
5. Abamova M.A., Andrianov V.D., Ahapkin N.Yu., etc. Rossiiskaya sotsial'no-ekonomicheskaya sistema: realii i vektory razvitiya. Pod red. R.S. Grinberg, P.V. Savchenko [Russian socio-economic system: Reality and development vector. Ed. by R.S. Grinberg, P.V. Savchenko]. Moscow, INFRA-M Publ., 2014. 416 p. (In Russian).
6. Gubanov S.S. Put' razvitiya Rossii: nazrevshee utochnenie [The way of development of Russia: Urgent clarification]. Ekonomist [Economist], 2010, no. 4, pp. 3–7. (In Russian).
7. Gubanov S.S. Neoindustrializatsiya plyus vertikal'naya integratsiya (o formule razvitiya Rossii) [Neoindustrialization plus vertical integration (on a formula for the development of Russia)]. Ekonomist [Economist], 2008, no. 9, pp. 3–27. (In Russian).
8. Ignatovskii P. Istoricheskie perspektivy vosproizvodstva material'nykh i dukhovnykh blag [Historical prospects for the reproduction of material and spiritual goods]. Ekonomist [Economist], 1998, no. 11, pp. 43–54. (In Russian).
9. Babaev B.D., Babaev D.B., Borovkova N.V., Ezerskaya S.G., Zaitseva N.E., Nikolaeva E.E., Popova T.K., Sergeeva M.E. Regional'noe vosproizvodstvo: fundamental'nye voprosy teorii i praktiki (po materialam oblastei Verkhnevolzh'ya). Pod obshch. red. E.E. Nikolaeva [Regional reproduction: Fundamental issues of theory and practice (in the case study of the Upper Volga regions). Ed. by E.E. Nikolaeva]. Ivanovo, Ivan. gos. unt Publ., 2017. 308 p. (In Russian).
10. Glaz'ev S.Yu. Teoriya dolgosrochnogo tekhniko-ekonomicheskogo razvitiya [Theory of long-term technical and economic development]. Moscow, VlaDar Publ., 1993. 310 p. (In Russian).
11. Glaz'ev S.Yu., L'vov D.S., Fetisov G.G. Evolyutsiya tekhniko-ekonomicheskikh sistem: vozmozhnosti i granitsy tsentralizovannogo upravleniya [Evolution of technical and economic systems: The possibilities and boundaries of centralized management]. Moscow, Nauka Publ., 1992. 207 p. (In Russian).
12. L'vov D.S. Ekonomika razvitiya [The economy of development]. Moscow, Ekzamen Publ., 2002. 512 p. (In Russian).
13. Maevskii V. I., Kazhdan M. Ya. Evolyutsiya makrogeneratsii (na primere ekonomiki SShA) [Evolution of Macro-Generations (in the case study of the US Economy)]. Ekonomika i matematicheskie metody [Economics and Mathematical methods.], 1997, vol. 33, no. 4, pp. 153–157. (In Russian).
14. Ispol'zovanie klasternogo podkhoda v modernizatsii ekonomicheskogo prostranstva Rossiiskoi Federatsii. Pod red. akad. RAN A.I. Tatarkina [The use of the cluster approach in the modernization of the economic space of the Russian Federation. Ed. by Tatarki A.I., memb. of the Rassian Academy of Science]. Ekaterinburg, Institut ekonomiki ural'skogo otdeleniya Rossiiskoi akademii nauk Publ., 2013. 535 p. (In Russian).
15. Makarova I.V., Petrov A.P., Averina L.M. (Ed.). Teoriya i praktika formirovaniya klasternoy politiki regiona [Theory and practice of cluster policy formation in the region]. Ekaterinburg, Institut ekonomiki ural'skogo otdeleniya Rossiiskoi akademii nauk Publ., 2012. 169 p. (In Russian).
16. Medvedev V.A. Sotsialisticheskoe proizvodstvo. Politiko-ekonomicheskoe issledovanie [Socialist production. Political and economic research]. Moscow, Ekonomika Publ., 1976. 326 p. (In Russian).
17. Cherkovets V. O soderzhanii ponyatiya «real'nyi sektor ekonomiki» i roli material'nogo proizvodstva (materialy k lektsiyam i seminaram) [About the development of the "real sector of the economy" concept and the role of material production (materials for lectures and seminars)]. Rossiiskii ekonomicheskii zhurnal [Russian Economic Journal], 2001, no. 11–12, pp. 49–62. (In Russian).
18. Nikolaeva E.E., Babaev B.D. Raspredelenie kak faza obshchestvennogo vosproizvodstva i problemy motivatsionnogo mekhanizma obshchestva [Distribution as a phase of social reproduction and the problem of the motivational mechanism of society]. Deformatsii obshchestvennogo vosproizvodstva: disproportsii, riski, neustoichivost'. Nauch. izd. pod obshch. red. prof. B.D. Babaeva [Deformations of social reproduction: Disproportions, risks, instability. Sci. publ. ed. by prof. Babaev B.D.]. Kostroma, Obshchestvo “Znanie” Publ., 2006, pp. 43‒57. (In Russian).
19. Babaev B.D., Babaev D.B., Borovkova N.V., Nikolaeva E.E., Popova T.К., Sergeeva M.E., Belkin E.A. O nekotorykh fundamental'nykh voprosakh regional'nogo vosproizvodstva: postanovka problem [On some fundamental issues of regional reproduction: Formulation of the problem]. Vestnik Ivanovskogo gosudarstvennogo universiteta. Seriya Ekonomika [Bulletin of Ivanovo State University. Series Economy], 2016, no. 2, pp. 29–57. (In Russian).
20. Fedorenko N.P. Gumanisticheskaya ekonomika [Humanistic economy]. Moscow, Ekonomiks Publ., 2006. 188 p. (In Russian).
21. Babaev B.D., Muslova M.E. Lokal'noe (mestnoe) vosproizvodstvo: teoretiko-prikladnye problem. Pod obshch. red. B.D. Babaeva [Local (regional) reproduction: Theoretical and applied problems. Ed. by B.D. Babaev]. Shuya, Shuiskii gosudarstvennyi pedagogicheskii universitet Publ., 2011. 112 p. (In Russian).
22. Perekhodnaya ekonomika: teoreticheskie aspekty, rossiiskie problemy, mirovoi opyt. Red. V.A. Martynov, V.S. Avtonomov, I.M. Osadchaya [Transition economy: Theoretical aspects, Russian problems, global experience. Ed. by V.A. Martynov, V.S. Avtonomov, I.M. Osadchaya]. Moscow, Ekonomika Publ., 2005. 720 p. (In Russian).
23. Blaug M. Economic theory in retrospect (5th ed.). Cambridge, New York, Cambridge University Press, 1997. 751 p.
24. Seligman B. Main currents in modern economics: Economic thought since 1870. New York, Free Press of Glencoe, 1963. 887 p.
25. Isard W. Methods of regional analysis: An introduction to regional science. Cambridge, Massachusetts, MIT Press, 1960. 832 p.
26. Garnett R., Olsen E.K., Starr M. (Ed.) Economic Pluralism. New York, Routledge, 2010. 302 p.
27. Babaev B.D., Babaev D.B. Vzaimosvyaz' politicheskoi ekonomii i institutsionalizma – vazhnoe napravlenie sovershenstvovaniya ekonomiko-teoreticheskogo znaniya [The interrelation of political economy and institutionalism is an important direction for improving economic and theoretical knowledge]. Zhurnal ekonomicheskoi teorii [Journal of Economic Theory], 2013, no. 2, pp. 84–93. (In Russian).
28. Nikolaeva E.E., Rodnina A Yu. Produktivnost' ispol'zovaniya sinteza politicheskoi ekonomii i institutsionalizma v issledovanii raspredelitel'nykh i kreditnykh otnoshenii [Productivity of using the synthesis of political economy and institutionalism in the study of distributive and credit relations]. Vtoroi mezhdunarodnyi politekonomicheskii kongress “Vozvrashchenie politekonomii”. Sb. materialov pod red. A.V. Buzgalina, M.I. Voeikova. V 2-kh tomakh. Tom 2. [Second International Political Economy Congress "Return of Political Economy". Proceedings ed. by A.V. Buzgalin, M.I. Voeikov In 2 vol. Vol. 2]. Moscow, Kul'turnaya revolyutsiya Publ., 2015, pp. 173–182. (In Russian).
29. Bush P.D. The theory of institutional change. Journal of Economic Issues, 1987, vol. XXI, no. 3, pp. 1075–1116.
30. Wei Zh. A social capital perspective of innovation from individuals to nations. Where is empirical literature directing us? International Journal of Management Reviews, 2010, vol. 12, no. 2, pp. 151–183.
31. Babaev B.D., Borovkova N.V., Muslova M.E., Rodnina A.Yu. K voprosu o ponimanii roli i znacheniya vosproizvodstvennogo podkhoda v ekonomicheskoi teorii [On the issue of understanding the role and significance of the reproductive approach in economic theory]. Mnogourovnevoe obshchestvennoe vosproizvodstvo: voprosy teorii i praktiki. Sb. nauch. tr. [Multi-level social reproduction: Questions of theory and practice. Collection of scientific articles]. Ivanovo, Ivanovskii gosudarstvennyi universitet Publ., 2012, no. 2 (18), pp. 35–42. (In Russian).
32. Marks K. Kapital. Kritika politicheskoi ekonomii. T. II. Kn. 2. Protsess obrashcheniya kapitala. Izd. pod red. F. Engel'sa. [Capital. Criticism of political economy. Vol. 2. In Book 2: The process of capital circulation. Ed. by F. Engel’s]. Moscow, Politizdat Publ., 1984. 650 p. (In Russian).
33. Stroev P. V. Prostranstvennaya organizatsiya ekonomiki Rossii: tendentsii i perspektivy razvitiya gorodov kak tochek ekonomicheskogo rosta. [Spatial organization of the Russian economy: Trends and prospects for the development of cities as points of economic growth.]. Moscow, A-prodzhekt Publ., 2015. 144 p. (In Russian).
34. Ahrend R., Gamper C., Schumann A. The OECD Metropolitan governance survey: A quantitative description of governance structures in large urban agglomerations. OECD Regional Development Working Papers, 2014, no. 04. Available at: http://dx.doi. org/10.1787/5jz43zldh08p-en (accessed 17.04.2017).
35. Ahrend R. Urban productivity and governance. Head of Regional Economics and Governance Unit. Scorus Meeting, 2014. Available at: http://scorus.org/wp-content/uploads/2014/07/2014Brus_Pt1.3.pdf (accessed 22.04.2017).
36. Brülhart M., Sbergami F. Agglomeration and growth: Cross-country evidence. Journal of Urban Economics, 2009, vol. 65, iss. 1, pp. 48–63. Available at: http:// www.hec.unil.ch/mbrulhar/papers/agglogrow-
th.pdf (accessed 10.04.2017).
37. Nakamura R. Agglomeration economies in urban manufacturing industries: A case of Japanese cities. Journal of Urban Economics, 1985, vol. 17, no. 1, pp. 108–124.
38. Rosenthal S.S., Strange W.C. Evidence on the Nature and Sources of Agglomeration Economies. In book: Handbook of Regional and Urban Economics. Ed. by V. Henderson, J.F. Thisse. 2003, vol. 4, pp. 2243–2291. Available at: http://siteresources.worldbank.org/INTLED/Resources/
339650-1105473440091/Will And Stuart. pdf (accessed 22.04.2017).
39. Altenburg T. Industrial policy in developing countries. Bonn, 2011. 101 p.
40. Knyazev Yu.K. Sovremennaya ekonomika – sintez rynka i sotsial'nogo regulirovaniya [Modern economy ‒ synthesis of market and social regulation]. Moscow, INFRA-M Publ., 2014. 176 p. (In Russian).
41. Goldshmidt N. Walter Eucken's place in the history of ideas. Review of Austrian Economics, 2013, vol. 26, no. 2, pp. 127–147.
42. Armstrong H., Teylor J. Regional economics and policy. Oxford, Blackwell Publishing Ltd., 2000. 432 p.
43. Andreoni A. Varieties of industrial policy: Models, packages, and transformation cycles. In book: Efficiency, finance, and varieties of industrial policy. guiding resources, learning, and technology for sustained growth. Ed. by A. Noman, J.E. Stiglitz. New York, Columbia University Press, 2017, pp. 245–305.
44. Feoktistova N.A. Lokal'nyi (mestnyi) rynok kak fragmentatsiya ekonomicheskogo prostranstva: faktornyi podkhod. Dis. kand. ekon. nauk [Local (regional) market as a fragmentation of economic space: Factor approach. Cand. econ. sci. diss.]. Ivanovo, 2009. 188 p. (In Russian).
