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ECONOMY, ORGANIZATION AND MANAGEMENT
ArticleName Financial system specificity in mining regions
DOI 10.17580/gzh.2017.07.09
ArticleAuthor Gulyaev P. V.
ArticleAuthorData

Research Institute of Regional Economy of the North, Ammosov North-Eastern Federal University of the North, Yakutsk, Russia:

P. V. Gulyaev, Deputy Director, Associate Professor, Candidate of Economic Sciences, petr_gulyaev@mail.ru

Abstract

The article reports the results of the comparative analysis embracing some characteristics of the financial systems in Russia’s regions engaged in mineral mining. It is found that taxation of personal income in these regions is of peculiar character owing to specifi city of job management in mines, including the common practice of job sharing. The information basis of this study was the data of the government statistics and fi scal service of the Russian Federation. Having analyzed the data base on the volumes and structures of gross regional products (GRP), the authors identify a stable group of regions where the share of mining industry prevails in GRP (resource regions). Based on the statistics on GRP per capita, income and expenditures of population and share of taxes in regional budgets, the leading resource regions are determined. The conceptual recommendations are made toward improvement of the control over a resource region economy.
The studies have been supported by the Ministry of Education and Science of the Russian Federation in the framework of R&D on Optimization of Financial Control in the Republic of Sakha (Yakutia) in Compliance with the Sustainable Socio-Economic Development of the North East of Russia, State Contract No. 01201460079.

keywords Resource region, mineral mining, personal income, wages, taxes, job sharing, consumer spending
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