Transformation of economic indicators of the construction industry of the Northwestern region of the Russian Federation

Abstract

Subject. This article deals with the issues related to the economic development of the Northwestern region of Russia. Objectives. The article aims to analyze the changes in economic indicators of the construction industry of the Northwestern Federal District of the Russian Federation. Methods. For the study, I used retrospective, statistical, correlation and regression analyses. Results. The article finds that labor productivity is a factor that has a key impact on the change in the growth rate of the construction industry. Conclusions and Relevance. The article concludes that a high differentiation of economic growth rates in the construction industry is being observed in the Northwestern Federal District. The results of the study can be used by the authorities in the development of programs for strategic planning of the region's economy.

Road transport infrastructure of republic of Karelia automobile roads: assessment of the state and development trends

“…Road transport and related infrastructure is considered of the important factors of region socio-economic development. The study [5] shows that labor productivity has a strong impact on the economic growth rate of the construction industry in the regions of Northwestern Russia, including the Republic of Karelia. Speaking about the labor productivity growth and production efficiency, it is noted that the regional logistics system development plays one of the key roles in achieving positive indicators dynamics [6][7][8][9][10][11][12][13][14][15][16][17][18][19].…”