Abstract

Russia is one of the most important nations in the world, with 145 million inhabitants and 85 regions. The process of structural change in its economic transition has been influenced by its size, distance to markets, climate, natural resource endowments and allocation of industries, producing strong regional differentials. In this paper, we analyse the differences among regions and their dynamics from 2007-2013. For this purpose, we apply a dynamic multivariate method, named STATIS, in order to identify the main socio-economic characteristics of the regions, to find homogeneous clusters, and to examine their temporal dynamics