Assessing the impact of export development institutions on regional economic growth in Russia
Abstract
Relevance. Increasing national export support is becoming increasingly important for regional economic development. To enhance the effectiveness of such support, it is crucial to understand the relationship between financial export support and regional economic growth.
Research Objective. The study aims to assess the impact of the state financial export support on regional economic growth, focusing on the national project “International Cooperation and Export”.
Data and Methods. The analysis covers 81 subjects of the Russian Federation from 2019 to 2024, totaling 486 observations. Quantile regression is employed to examine how explanatory variables affect different points of the dependent variable's distribution (lower, median, and upper quantiles), which is particularly useful for analyzing heterogeneous regional systems.
Results. Using the proposed methodological approach, asymmetric effects of economic policy and project support on regional development were investigated. Regions were divided into three quantile groups based on financial export support: low (up to 0.33), medium (0.5), and high (0.667). The quantile regression model confirmed its statistical reliability. The analysis revealed significant heterogeneity in the impact of financial support for regional projects: stable positive effects were observed only in regions with the highest funding (upper quantile). The findings highlight the need to shift from universal support measures toward differentiated strategies tailored to regional typologies.
Conclusion. The effectiveness of export support depends on adopting targeted strategies that reflect regional characteristics. The study provides evidence-based recommendations to improve the impact of state export support on regional development.
Keywords
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DOI: https://doi.org/10.15826/recon.2025.11.4.026
Copyright (c) 2025 Andrey A. Frolov, Mikhaela I. Livenets, Elena L. Andreeva, Sergey S. Krasnykh
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