Problems of Measuring the Regional Economy Diversification

Abstract 
The paper studies the aspects of measuring of the regional economic diversification. Diversification is one of the strategic priorities for the economies of the Russian regions, while the existing approaches to measuring and interpreting the values are diverse and rely on various, sometimes contradictory, theoretical assumptions. The review of the basic diversification indicators is made, some limitations of their application are shown. The analysis of empirical studies on the assessment of economic diversification of Russian regions is given. The analysis of a condition and dynamics of economic diversification in regions of the Siberian federal district is made. It is assumed that the region specifity and its strategic goals largely determine the choice of the approach to measuring the diversification of the regional economy. Some problems of measuring the diversification of the regional economy are listed. 
 
Keywords 
regional economic diversification, diversification indicators 

 

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