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Development of the mechanism for regulating the transformation of the industrial structure of the regional economy.

https://doi.org/10.37493/2307-907X.2025.6.17

Abstract

Introduction. In the context of volatile external environment and adaptation to new economic conditions in the regional economy, the relevance of developing mechanisms for structural transformation is increasing, which is noted both by state documents of strategic development and the opinions of researchers. Goal. Development and scientific substantiation of a mechanism for regulating the transformation of the sectoral structure of the regional economy in order to ensure the intensification of economic growth in the region. Materials and methods. The methodological basis of the study was the theory of social reproduction and the system of national accounts. The analysis of the object of study was carried out using the methods of economic statistics. The author’s approach to the search for sectoral priorities of regional development is based on the synthesis of the concepts of smart specialization, economic complexity and technological proximity. Foresight and content analysis methods were used to identify promising market niches. Results and discussion. In the course of the work, key problems and structural constraints of the socio-economic development of the economy of the Vologda Oblast were identified. Based on the author’s tools, the most important sectoral development priorities and   key market niches were determined. A conceptual scheme of the mechanism of structural transformation and its main directions have been developed. A toolkit for implementing structural restructuring at the operational, tactical, and strategic levels of regional economic management is proposed. Conclusion. The results of this study suggest that substantiating the mechanism and directions for structural transformation of the regional economy requires the development of flexible scientific tools, as well as the adoption of management decisions aimed at the short-, medium-, and long-term perspectives. Further research could focus on scenario-based forecasting of the consequences of adopted economic policy measures.

About the Authors

N. M. Rumyantsev
Vologda Research Center of the Russian Academy of Sciences
Россия

Nikita M. Rumyantsev – Head of the Laboratory for the Study of Reproduction Processes, Researcher in the Center for Structural Research and Forecasting of Territorial Development



O. L. Lukina
Vologda Institute of Law and Economics of the Federal Penitentiary Service
Россия

Olga L. Lukina – Senior Researcher in the Department of Organization and Coordination of Research Activities and International Cooperation of the Organizational and Scientific Department



References

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For citations:


Rumyantsev N.M., Lukina O.L. Development of the mechanism for regulating the transformation of the industrial structure of the regional economy. Newsletter of North-Caucasus Federal University. 2025;(6):160-169. (In Russ.) https://doi.org/10.37493/2307-907X.2025.6.17

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