Development of Domestic and Foreign Industrial Enterprises in Russia

Authors

  • Andrei Trifonov Tomsk Polytechnic University
  • Alexandr Mikhalchuk Tomsk Polytechnic University
  • Vladislav Spitsin Tomsk Polytechnic University http://orcid.org/0000-0002-8360-7590
  • Marina Ryzhkova Tomsk Polytechnic University
  • Lubov Spitsina Tomsk Polytechnic University
  • Anton Boznyakov Tomsk Polytechnic University

Abstract

The paper analyzes the Russian industry ownership structure and its dynamics for enterprises in Russian (RO), foreign (FO) and joint (JO) ownership in stable periods 2005-2008, 2009-2014, and crisis ones 2008-2009 and 2014-2015. We apply the multivariate statistical analysis of time series, including factor analysis, cluster analysis, analysis of variance. We find that raw material and low-tech industries (CA, DF, DJ, DA) continue to be the leaders by the value of shipped products in Russia. The main group of high-tech and medium-tech industries with enterprises in RO (DL, DM, DK, DG) demonstrates the average growth rates and cannot close the gap on leaders. Industry sectors with enterprises in the FO and JO behave differently. Some industries demonstrate outstripping growth, but several sectors show a slowdown and instability in the development for 2009-2014. We also define the industries which negatively react to both crises periods and require state support.

Keywords: Domestic and foreign and joint enterprises, Russian manufacturing development, economic crisis, multivariate statistical analysis.

JEL Classifications: C100, L600, O470

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Author Biographies

Andrei Trifonov, Tomsk Polytechnic University

Department of Higher Mathematics and Mathematical Physics, Head of Department, Professor

Alexandr Mikhalchuk, Tomsk Polytechnic University

Department of Higher Mathematics and Mathematical Physics, Associate Professor

Vladislav Spitsin, Tomsk Polytechnic University

Department of Management, Associate Professor

Marina Ryzhkova, Tomsk Polytechnic University

Department of Economics Tomsk State University of Control Systems and Radioelectronics,Head of Department; Department of Economics, Professor

Lubov Spitsina, Tomsk Polytechnic University

Department of Economics, Associate Professor

Anton Boznyakov, Tomsk Polytechnic University

Department of Higher Mathematics and Mathematical Physics

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Published

2017-04-03

How to Cite

Trifonov, A., Mikhalchuk, A., Spitsin, V., Ryzhkova, M., Spitsina, L., & Boznyakov, A. (2017). Development of Domestic and Foreign Industrial Enterprises in Russia. International Journal of Economics and Financial Issues, 7(2), 59–67. Retrieved from https://www.econjournals.com/index.php/ijefi/article/view/3808

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