Giersch’s “Volcano” Model and its Application for the Analysis of Regional Disparities in Russia
Journal: R-Economy
Year: 2023

Relevance. Considerable regional disparities in Russia pose a threat to the country’s economic security, which makes the task of identifying and supporting underperforming regions especially urgent.Research objective. The purpose of the study is to identify the struggling regions by using the "volcano" model. This model has not been previously used in studies on economic space features, which determines the novelty of the proposed research. We are also going to describe the possible ways to supp