Methodology for research and assessment of cumulative development potential of regional economies of the Russian Federation

Muratova Ludmila, Demyanenko Andrei

Economic development is a dual process of expanded production, represented by economic growth on the one hand, and qualitative changes on the other. Its key aspects are the diversity and integrity of the elements of the reproduction mechanism, the renewal on an expanded scale of results and factors of production aimed at the accumulation and corresponding increase of the development potential of national and regional economies. From these points of view, the cumulative development potential of regional economies is the integrated commonality of objectively existing production opportunities (employment, fixed assets, entrepreneurial activity, information technology and institutional components, financial, natural resource and energy elements, as well as the entrepreneurial climate and production specialization) for the implementation of the process of extended reproduction on the basis of a systemic approach, timely elimination of existing bottlenecks, and implementation of priorities. The basic economic outcome of the country 's regions is the gross regional product, which identifies important elements of aggregate demand, such as gross fixed capital formation and final consumption (especially of households), as the fundamental basis for the formation and functioning of the development potential itself. Institutional imperatives and corresponding changes in the economy are not only the development of medium, small (including micro) and individual businesses, but also the inviolability of ownership, the functioning of independent (with corresponding independent control functions), the branches of State power - legislative, executive and judicial, as well as the media and the well-being. Dynamics of society and transformation of social and economic systems includes destruction stages (destructions, overcomings former... Up to disaster), cumulation (partial preservation, continuity, translation, accumulation... are all possible mechanisms of cumulation) and design (creation of a new one).

Keywords:research methodology; potential assessment; export; development potential elements; efficiency of functioning.