Localization of the Arctic Mining Projects: Norwegian and Russian Experience
Localization is regarded as a milestone of economic and social development at national and regional levels since it may contribute to the growth of production capacity. Following the potential of localization, governments of various mining countries resort to such strategic solution aiming to boost...
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Russian Academy of Sciences, Institute of Economics of the Ural Branch
2019
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ftdoajarticles:oai:doaj.org/article:3ed2b4ce024940e9a04de07782fce0a6 2023-10-01T03:53:31+02:00 Localization of the Arctic Mining Projects: Norwegian and Russian Experience Daria Mikhaylovna Kolesnikova Olga Vasilevna Noshchenko Valeriy Anatolevich Kryukov 2019-12-01T00:00:00Z https://doi.org/10.17059/2019-4-4 https://doaj.org/article/3ed2b4ce024940e9a04de07782fce0a6 EN RU eng rus Russian Academy of Sciences, Institute of Economics of the Ural Branch http://www.economyofregion.com/data/jarticles/3213.pdf https://doaj.org/toc/2072-6414 https://doaj.org/toc/2411-1406 doi:10.17059/2019-4-4 2072-6414 2411-1406 https://doaj.org/article/3ed2b4ce024940e9a04de07782fce0a6 Экономика региона, Vol 15, Iss 4, Pp 1009-1021 (2019) local content regulation arctic projects development ripple effects localization regional impact mining industry russia norway value added chain input-output model social and economic development Regional economics. Space in economics HT388 article 2019 ftdoajarticles https://doi.org/10.17059/2019-4-4 2023-09-03T00:43:12Z Localization is regarded as a milestone of economic and social development at national and regional levels since it may contribute to the growth of production capacity. Following the potential of localization, governments of various mining countries resort to such strategic solution aiming to boost the growth of remoted areas such as the Arctic region. However, the implementation of localization strategies, assessment methodology and intermediate consequences vary significantly. Thus, the theoretical underpinnings of localization regarding generation of ripple effects and analysis of current implications are essential are the basis of our research question. Norwegian localization experience is considered as the most successful, while Russian at-tempts to create local content in the Arctic are frequently criticized. Therefore, we focused on the comparative analysis of Norwegian and Russian localization experience. The study comprises examination of both national and regional levels aiming to reveal key components of success and potential burdens. On national level, the research addresses macroeconomic Input-Output model focused on assessing the cumulative im-pact and potential of mining industry. On regional level, we conducted analysis of the key socio-economic indicators affected mostly by mining activities as well as their localization. In this regard, we used available statistical microdata. Given the results, the success of localization in remoted regions is determined by intensification of inter-regional links and implementation of the governmental approach towards mining projects focusing on upstream and downstream industries. At the same time, narrow governmental regulation leads to leakage of potential benefits. The research results may contribute to increase of knowledge on localization and ripple effects dynamic. Moreover, they may be considered while developing localization solutions for the Arctic projects. Article in Journal/Newspaper Arctic Directory of Open Access Journals: DOAJ Articles Arctic Norway Economy of Region 15 4 1009 1021 |
institution |
Open Polar |
collection |
Directory of Open Access Journals: DOAJ Articles |
op_collection_id |
ftdoajarticles |
language |
English Russian |
topic |
local content regulation arctic projects development ripple effects localization regional impact mining industry russia norway value added chain input-output model social and economic development Regional economics. Space in economics HT388 |
spellingShingle |
local content regulation arctic projects development ripple effects localization regional impact mining industry russia norway value added chain input-output model social and economic development Regional economics. Space in economics HT388 Daria Mikhaylovna Kolesnikova Olga Vasilevna Noshchenko Valeriy Anatolevich Kryukov Localization of the Arctic Mining Projects: Norwegian and Russian Experience |
topic_facet |
local content regulation arctic projects development ripple effects localization regional impact mining industry russia norway value added chain input-output model social and economic development Regional economics. Space in economics HT388 |
description |
Localization is regarded as a milestone of economic and social development at national and regional levels since it may contribute to the growth of production capacity. Following the potential of localization, governments of various mining countries resort to such strategic solution aiming to boost the growth of remoted areas such as the Arctic region. However, the implementation of localization strategies, assessment methodology and intermediate consequences vary significantly. Thus, the theoretical underpinnings of localization regarding generation of ripple effects and analysis of current implications are essential are the basis of our research question. Norwegian localization experience is considered as the most successful, while Russian at-tempts to create local content in the Arctic are frequently criticized. Therefore, we focused on the comparative analysis of Norwegian and Russian localization experience. The study comprises examination of both national and regional levels aiming to reveal key components of success and potential burdens. On national level, the research addresses macroeconomic Input-Output model focused on assessing the cumulative im-pact and potential of mining industry. On regional level, we conducted analysis of the key socio-economic indicators affected mostly by mining activities as well as their localization. In this regard, we used available statistical microdata. Given the results, the success of localization in remoted regions is determined by intensification of inter-regional links and implementation of the governmental approach towards mining projects focusing on upstream and downstream industries. At the same time, narrow governmental regulation leads to leakage of potential benefits. The research results may contribute to increase of knowledge on localization and ripple effects dynamic. Moreover, they may be considered while developing localization solutions for the Arctic projects. |
format |
Article in Journal/Newspaper |
author |
Daria Mikhaylovna Kolesnikova Olga Vasilevna Noshchenko Valeriy Anatolevich Kryukov |
author_facet |
Daria Mikhaylovna Kolesnikova Olga Vasilevna Noshchenko Valeriy Anatolevich Kryukov |
author_sort |
Daria Mikhaylovna Kolesnikova |
title |
Localization of the Arctic Mining Projects: Norwegian and Russian Experience |
title_short |
Localization of the Arctic Mining Projects: Norwegian and Russian Experience |
title_full |
Localization of the Arctic Mining Projects: Norwegian and Russian Experience |
title_fullStr |
Localization of the Arctic Mining Projects: Norwegian and Russian Experience |
title_full_unstemmed |
Localization of the Arctic Mining Projects: Norwegian and Russian Experience |
title_sort |
localization of the arctic mining projects: norwegian and russian experience |
publisher |
Russian Academy of Sciences, Institute of Economics of the Ural Branch |
publishDate |
2019 |
url |
https://doi.org/10.17059/2019-4-4 https://doaj.org/article/3ed2b4ce024940e9a04de07782fce0a6 |
geographic |
Arctic Norway |
geographic_facet |
Arctic Norway |
genre |
Arctic |
genre_facet |
Arctic |
op_source |
Экономика региона, Vol 15, Iss 4, Pp 1009-1021 (2019) |
op_relation |
http://www.economyofregion.com/data/jarticles/3213.pdf https://doaj.org/toc/2072-6414 https://doaj.org/toc/2411-1406 doi:10.17059/2019-4-4 2072-6414 2411-1406 https://doaj.org/article/3ed2b4ce024940e9a04de07782fce0a6 |
op_doi |
https://doi.org/10.17059/2019-4-4 |
container_title |
Economy of Region |
container_volume |
15 |
container_issue |
4 |
container_start_page |
1009 |
op_container_end_page |
1021 |
_version_ |
1778520153214943232 |