Content №2 от 2019
The Study of Spatial Effects in Regional Dynamics of Labor Productivity
One of the advantages of the spatial concentration of economic activity is an increase in its efficiency, which can have a positive impact on efficiency dynamics at neighboring economies. However, geographical proximity does not automatically guarantee the diffusion of positive spatial effects. Nevertheless, these processes do largely determine changes in the configuration of the economic space and the further perspectives for its development.
The article reflects the results of the study on the role of spatial externalities in the dynamics of labor productivity, regional economy’s efficiency indicator. The main research method is creating transition probability matrices and analyzing their properties. It is shown that high inequality of labor productivity in regional economies prevents the manifestation of positive spatial externalities. Substantial differences in the level of labor productivity between regional economies both worsen the relative dynamics of lagging regions and adversely affect the relative dynamics of the leading ones. Reducing the disparities contributes to the diffusion of positive externalities, accelerates the growth of labor productivity in less efficient regions, and fosters it in the leading regions. The obtained results show that the regional policy aimed at curbing the increase in regional inequality and creating conditions to expand interregional cooperation and collaboration is more adequate to the current situation.
