Empirical analysis of the integration activity of business structures in the regions of Russia

Maria G. Karelina

Abstract


The article investigates the integration activity of business structures in the regions of Russia. A wide variety of approaches to study the problems and prospects of economic integration and the current dispute on the role of integration processes in the regional economic development determined the complexity in the review of the concepts «integration» and «integration activities» in order to form objective conditions to analyse the integration activity of business structures in the Russian regions.

The monitoring of the current legal system of the Russian Federation carried out in the area of statistics and compiling statistical databases on mergers and acquisitions showed the absence of formal executive authority dealing with the compiling collections of information on the integration activity at the regional level. In this connection, the data of Russian information and analytical agencies made the information base of the research. As research tools, we used methods of the analysis of structural changes, methods of the analysis of economic differentiation and concentration, methods of non-parametric statistics.

The article shows the close relationship between the social and economic development of the subjects of Russia and integrated business structures functioning on its territory. An investigation of the integration activity structure and dynamics in the subjects of the Russian Federation based on statistical data for the period from 2003 to 2012 has revealed the increasing heterogeneity of the integration activity of business structures in the regions of Russia. The hypothesis of a substantial divergence of the mergers and acquisitions of corporate structures in Russian regions has been confirmed by high values of the Gini coefficient, the Herfindahl index and the decile coefficient of differentiation.

The research results are of practical importance, since they can be used to improve the existing federal programs aimed at evening-out disproportions in the social and economic development of Russian regions. The qualitative infrastructure formation of the merger and acquisition market and the development of regional policies in order to increase the competitiveness of Russian regions can be possible on the basis of the analysis presented.


Keywords


integration activity; information base; region; mergers and acquisitions; structural changes

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References


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DOI: https://doi.org/10.15826/recon.2015.4.020

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