Analysis of Key Performance Indicators of Economic Development of Russian Regions

DOI

10.2991/aebmr.k.200730.127How to use a DOI?

Keywords

key performance indicators, opportunities, changes, development, strategic goals, growth rates

Abstract

The subject of study is the economy of the regions of Russia. The topic of the study is the analysis of key performance indicators (KPI) of the development of the economy of the Russian regions. The aim of the work was to determine the KPI of the development of the economy of the regions of Russia, changes and opportunities for their improvement in modern conditions. The study is based on a systematic approach using statistical, comparative and logical methods of analysis. The article substantiates the relevance of the KPI assessment of the development of the economy of the regions of Russia in modern conditions. The KPI analogy is revealed for the personnel of the organization and the economy of the regions of Russia. The KPI analysis methodology is analyzed and the main dependencies and characteristics are identified as part of a unified system of balanced indicators, which establishes causal relationships between the goals of the personnel and the organization, a particular region and Russia as a whole. As a result of assessing the median and variance of the growth rate of KPI values for the development of the regional economy, as well as their standard deviations, three levels with pronounced priorities of the administrative-territorial division are revealed. The results of the study should be applied to state authorities in determining the strategic goals of economic growth and development of Russian regions, as well as in the process of choosing managerial decisions to increase the KPI values of individual regions. In modern conditions, the possibilities for increasing the KPI of the development of the economy of the Russian regions are limited by the raw material profile of the Russian economy. Stably high KPI values are demonstrated by oil and gas regions, which for the most part are regions than republics. The economic development efficiency of subsidized regions is determined by the volume of federal subsidies and subventions. Areas that do not have political independence are becoming a priority form of government and a form of increasing KPI values for the development of the economy of the Russian regions.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - V.V. Smirnov
AU  - V.L. Semenov
AU  - E.N. Kadyshev
AU  - A.N. Zakharova
AU  - V.N. Chaynikov
PY  - 2020
DA  - 2020/08/01
TI  - Analysis of Key Performance Indicators of Economic Development of Russian Regions
BT  - Proceedings of the Russian Conference on Digital Economy and Knowledge Management (RuDEcK 2020)
PB  - Atlantis Press
SP  - 697
EP  - 702
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200730.127
DO  - 10.2991/aebmr.k.200730.127
ID  - Smirnov2020
ER  -