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Region: Economics and Sociology

2018 year, number 1

Dynamic Evaluation of the Efficiency of Monotown’s Economic Diversification (Case Study of Kemerovo Oblast)

I.S. ANTONOVA1, E.A. PCHELINTSEV2
1Institute of Humanities, Social Sciences & Technologies, 30, Lenin av., Tomsk, 634050, Russia
2Institute of Economics and Management, 36, Lenin av., Tomsk, 634050, Russia, 36
Keywords: моногород, эффективность диверсификации, динамическая оценка, модель, Кемеровская область, monotown, diversification efficiency, dynamic assessment, model, Kemerovo Oblast

Abstract

The article studies complex investment plans to modernize monotowns in Kemerovo Oblast and analyzes financing of pilot diversification projects. We develop a toolkit for analyzing and assessing the efficiency of monotowns’ diversification. Using 21 municipal formations in the region as an example, we discover a correlation between diversification indices. The article plots a matrix of diversification efficiency upon which the municipal formations are grouped. We design an autoregressive efficiency model with evidence from Berezovsky monotown.