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ANALYSIS OF DYNAMICS OF GROSS REGIONAL PRODUCT IN CENTRAL FEDERAL DISTRICT



Ye.V. Korchagina
elena.korchagina@mail.ru
professor, the Higher School of Trade and Economics, the Institute of Industrial Management, Economics and Trade, Peter the Great St. Petersburg Polytechnic University, Doctor of Economics, Professor
St. Petersburg

Keywords:

  • economic dynamics
  • regional development
  • Gross Regional Product
  • Central Federal District
  • macro region
  • We analyze the dynamics of Gross Regional Product in the regions of the Central Federal District in 2010-2015. The dynamics of Gross Regional Product in the period in question is not linear. However, all the regions of the Central Federal District saw the growth of the indicator during the researched period with the exception of Ivanovskaya region where in 2014 there was a slowdown in the GRP growth. The highest growth rate was observed in 2011 that was followed by certain decrease. Meanwhile in 2015 despite the differences in the growth rate (from 2.5% to 21% in different regions accordingly) the GRP grew in all the regions of the Central Federal District and most regions showed higher rates of economic growth in comparison with 2014.

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