ASSESSMENT OF THE COMPETITIVENESS OF INDUSTRIAL PRODUCTION IN THE REGIONS OF THE VOLGA FEDERAL DISTRICT

Abstract

The competitiveness of industry is one of the most important conditions for economic development and the success of international trade. The state is carrying out a set of measures within the framework of the program “Industrial Development and Increasing its Competitiveness”. The goals set in the national program reflect the development of general trends in industries and do not allow assessing the achieved level of competitiveness. An assessment of the results in terms of changes in the competitiveness of the industry would make it possible to evaluate the effectiveness of state support measures and the use of budgetary funds. Purpose. Development of a methodology for assessing the level of competitiveness of industrial production in the regions, based on the calculation of indicators of own production, growth rates of production volumes, the number of organizations, return on assets and profitability of products. Methodology the article used statistical methods of analysis, calculation of single, group and integral indices. Results. Based on the calculation of integral indices, a rating of the regions of the Volga Federal District was formed in terms of the level of development of industrial production. Practical implications. The obtained results can serve as a basis for assessing industrial development at the regional level, which can be used to determine the financing of priority areas and directions of the economic policy of the region.

Keywords

• industrial production
• competitiveness
• assessment methodology
• integral index