Regional specificities of small business development in Russia
DOI:
https://doi.org/10.34069/AI/2020.28.04.56Keywords:
region, small business, economic development.Abstract
The aim of article is to research specificities of small business development across the Russian Federation regions based on the using of cluster analysis and regression models. In the first step of our study the clustering of regions according indicator of turnover on revenue per small enterprise is conducted. In the second step, the regression models on dependence the revenue turnover per small enterprise from a set of socio-economic determinants and infrastructure were constructed.
The results of the study revealed four groups of regions while the most significant factors positively affect the revenue turnover per one small enterprise are average income per capita, investments in fixed assets per capita, and the total volume of construction. Among the factors negatively affecting the revenue turnover per one small enterprise are number of organizations, conducting educational pre-schooling activity, the share of unprofitable enterprises, depreciation of fixed assets and proportion of motorway with hard surface in the overall length of highways. The results of research may be used in the creation of regional small business development programs.
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