Abstract
Purpose: The purpose of this study is to develop a method of indicative evaluation of the effectiveness of public management of the development of a region in the digital economy and its testing on the example of the regions of the North Caucasus Federal District of the Russian Federation. Design/Methodology/Approach: The author’s method of indicative evaluation of the efficiency of management of the region’s development in the conditions of digital economy has been developed. The indicators of efficiency of management of regional development in the conditions of digital economy are the use of digital economy possibilities for maximization of incomes and minimization of regional state budget expenses. Findings: It has been stated that, due to the digital economy, the income of state budgets of the regions of the North Caucasus Federal District of the Russian Federation in 2018 is 6.19 times higher (as compared to income without the use of digital technologies). At the same time, the potential for minimizing expenditures of their budgets has been rarely realized. The digital economy allows reducing state budget expenditures of the regions of the North Caucasus Federal District of the Russian Federation by 480.64 times. Originality/Value: The calculations showed that state management of the development of the regions of the North Caucasus Federal District of the Russian Federation in 2018 is effective (revenues exceed expenditures). However, the opportunities of the digital economy have been practically neglected. As the digital economy develops in the regions under consideration, the efficiency of government economic management should be expected to improve. It is recommended that the digital modernization of the economy of these regions should be stimulated in order to increase the efficiency of public management.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Abdulkadyrov, A. S., Ryzhov, I. V., Strokov, A. I., & Kamzolov, Yu V. (2017). Current aspects of improving the organization of production of high-tech products. Izvestiya Vysshikh Uchebnykh Zavedenii, Seriya Teknologiya Tekstil’noi Promyshlennosti, 371(5), 18–27.
Buchaev, Y. G., Iakovleva, E. A., & Putihin, I. E. (2014). Formation of efficiency of scientific activities of universities in Russia. Life Science Journal, 11(10), 564–568, 78.
Gadzhiev, M. M., & Buchaev, Y. G. (2014). Efficiency assessment of enterprise innovation activities. Life Science Journal, 11(10), 581–586, 82.
Khachaturyan, A. A., Abdulkadyrov, A. S., Zhigulina, E. P., & Sirotkina, N. V. (2017). The issues of improving the investment climate and investment attractiveness of Russian industries in the medium-term perspective. Izvestiya Vysshikh Uchebnykh Zavedenii, Seriya Teknologiya Tekstil’noi Promyshlennosti, 371(5), 40–43.
Khachaturyan, A. A., Khachaturyan, K. S., & Abdulkadyrov, A. S. (2018). Model of innovational development of modern Russian industry. Advances in Intelligent Systems and Computing, 622, 44–50.
Nudurupati, S. S., Tebboune, S., & Hardman, J. (2016). Contemporary performance measurement and management (PMM) in digital economies. Production Planning and Control, 27(3), 226–235.
Petrenko, E., Pritvorova, T., & Dzhazykbaeva, B. (2018). Sustainable development processes: Service sector in post-industrial economy. Journal of Security and Sustainability Issues, 7(4), c. 781–791. https://doi.org/10.9770/jssi.2018.7.4(14).
Popkova, E. G. (2019). Preconditions of formation and development of industry 4.0 in the conditions of knowledge economy. Studies in Systems, Decision and Control, 169(1), 65–72.
Popkova, E. G., & Sergi, B. S. (2018). Will industry 4.0 and other innovations impact Russia’s development? In B. S. Sergi (Ed.), Exploring the future of Russia’s economy and markets: Towards sustainable economic development (pp. 51–68). Bingley, UK: Emerald Publishing Limited.
Popkova, E. G., & Sergi, B. S. (Eds.). (2019). Digital economy: Complexity and variety vs. Rationality. Springer.
Popkova, E. G., Egorova, E. N., Popova, E., & Pozdnyakova, U. A. (2019). The model of state management of economy on the basis of the Internet of things. Studies in Computational Intelligence, 826(1), 1137–1144.
Rosstat. (2019). Regions of Russia: socio-economic indicators—2018. Retrieved September 21, 2019, from https://www.gks.ru/free_doc/doc_2018/region/reg-pok18.pdf.
Sanjuán, C. E., Cárdenas Garciá, M., & De Cañizares Arévalo, J. (2018). Architecture of a digital economy policy: A tool to achieve efficiency in the development of the local economy. Journal of Physics: Conference Series, 1126(1), 012064.
Sergi, B. S. (Ed.). (2019). Tech, smart cities, and regional development in contemporary Russia. Bingley, UK: Emerald Publishing Limited.
Sergi, B. S., Popkova, E. G., Sozinova, A. A., & Fetisova, O. V. (2019). Modeling Russian industrial, tech, and financial cooperation with the Asia-Pacific region. In Bruno S. Sergi (Ed.), Tech, smart cities, and regional development in contemporary Russia. Bingley, UK: Emerald Publishing Limited.
Skolkovo. (2019). Values of the Digital Russia index sub-indices for 85 subjects of the Russian Federation in 2018. Retrieved September 09, 2019, from https://finance.skolkovo.ru/downloads/documents/FinChair/Research_Reports/SKOLKOVO_Digital_Russia_Report_Full_2019-04_ru.pdf.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2021 The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG
About this chapter
Cite this chapter
Giraev, V.K., Ramazanova, A.O., Yusupova, M.HH. (2021). The Methodology of Indicative Assessment of the Effectiveness of Managing Region’s Development in the Conditions of the Digital Economy. In: Buchaev, Y., Abdulmanapov, S., Abdulkadyrov, A., Khachaturyan, A. (eds) State and Corporate Management of Region’s Development in the Conditions of the Digital Economy. Advances in Science, Technology & Innovation. Springer, Cham. https://doi.org/10.1007/978-3-030-46394-6_4
Download citation
DOI: https://doi.org/10.1007/978-3-030-46394-6_4
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-46393-9
Online ISBN: 978-3-030-46394-6
eBook Packages: Earth and Environmental ScienceEarth and Environmental Science (R0)