A nexus between regional welfare and sustainable development: A conceptual model

The relevance of the research stems from the nature of the approaches to the definition and measurement of regional welfare still debated in the extant research. Particular importance attached to this problem is related to the concept of sustainable development, which centres on promoting prosperity...

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Main Authors: Mariya V. Shlyapina, Elena A. Tretyakova
Format: Article
Language:English
Published: Ural State University of Economics 2025-01-01
Series:Journal of New Economy
Subjects:
Online Access:https://jne.usue.ru/en/issues-2024/1563
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author Mariya V. Shlyapina
Elena A. Tretyakova
author_facet Mariya V. Shlyapina
Elena A. Tretyakova
author_sort Mariya V. Shlyapina
collection DOAJ
description The relevance of the research stems from the nature of the approaches to the definition and measurement of regional welfare still debated in the extant research. Particular importance attached to this problem is related to the concept of sustainable development, which centres on promoting prosperity while protecting the planet. The paper aims to form an original theoretical model depicting the mutual influence of sustainable regional development and regional welfare. The fundamental propositions of the concept of sustainable development and welfare economics, as well as regional and spatial development theories constitute the methodological basis of the study. The methods used are comparative analysis, synthesis, and conceptual modelling. The findings confirm that regional welfare acts simultaneously as a target due to having the elements identical to the spheres of sustainable development in its struc ture, and as the key factor in the sustainable regional development due to incorporat ing a set of material and non-material, economic and non-economic goods, which build up the economic, social, environmental, and institutional elements ensuring an incessant process of changes in the regional socio-ecological-economic system impacted by interregional, national and international factors of external environment of a region. The proposed conceptual model advances scientific ideas about the main tenance of sustainable regional development, contributes to the theory of welfare, and creates a basis for devising a method to measure regional welfare.
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publishDate 2025-01-01
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spelling doaj-art-53fbc2af8abd4ffa854e84058f30f19c2025-01-07T09:43:15ZengUral State University of EconomicsJournal of New Economy2658-50812687-00022025-01-012548510510.29141/2658-5081-2024-25-4-5 A nexus between regional welfare and sustainable development: A conceptual modelMariya V. Shlyapina0Elena A. Tretyakova1Perm State University, Perm, RussiaKairos Engineering LLC; Perm National Research Polytechnic University, Perm, RussiaThe relevance of the research stems from the nature of the approaches to the definition and measurement of regional welfare still debated in the extant research. Particular importance attached to this problem is related to the concept of sustainable development, which centres on promoting prosperity while protecting the planet. The paper aims to form an original theoretical model depicting the mutual influence of sustainable regional development and regional welfare. The fundamental propositions of the concept of sustainable development and welfare economics, as well as regional and spatial development theories constitute the methodological basis of the study. The methods used are comparative analysis, synthesis, and conceptual modelling. The findings confirm that regional welfare acts simultaneously as a target due to having the elements identical to the spheres of sustainable development in its struc ture, and as the key factor in the sustainable regional development due to incorporat ing a set of material and non-material, economic and non-economic goods, which build up the economic, social, environmental, and institutional elements ensuring an incessant process of changes in the regional socio-ecological-economic system impacted by interregional, national and international factors of external environment of a region. The proposed conceptual model advances scientific ideas about the main tenance of sustainable regional development, contributes to the theory of welfare, and creates a basis for devising a method to measure regional welfare.https://jne.usue.ru/en/issues-2024/1563regional economyregional developmentwelfarestandard of livingquality of lifehuman capitalhuman-oriented paradigm
spellingShingle Mariya V. Shlyapina
Elena A. Tretyakova
A nexus between regional welfare and sustainable development: A conceptual model
Journal of New Economy
regional economy
regional development
welfare
standard of living
quality of life
human capital
human-oriented paradigm
title A nexus between regional welfare and sustainable development: A conceptual model
title_full A nexus between regional welfare and sustainable development: A conceptual model
title_fullStr A nexus between regional welfare and sustainable development: A conceptual model
title_full_unstemmed A nexus between regional welfare and sustainable development: A conceptual model
title_short A nexus between regional welfare and sustainable development: A conceptual model
title_sort nexus between regional welfare and sustainable development a conceptual model
topic regional economy
regional development
welfare
standard of living
quality of life
human capital
human-oriented paradigm
url https://jne.usue.ru/en/issues-2024/1563
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