Assessment of resource regions' readiness for comprehensive exploitation of mineral resources based on shift-share analysis

Abstract

The paper discusses the use of shift-share analysis method for assessing resource regions' readiness for comprehensive exploitation of mineral resources. The relevance of this study is explained by the fact that the choice of the factors affecting regional processes and the quantitative assessment of their impact are limited by the available statistical information. The lack of necessary statistical data significantly reduces the possibility of using econometric methods. The shift-share analysis method allows assessing the sectors of resource regions' economy, which serve as keys to identifying their readiness for comprehensive exploitation of mineral resources. The study focuses on the group of 36 resource regions specializing in the extraction of oil, gas and coal.