This review continues the series of publications on basic indicators of economic development of Russia’s cities and metropolitan areas. The indicators have been united under a general name “Economies of Russia’s Cities and Metropolitan Areas”. The project is being funded through the IUE Endowment.
The issue focuses on a comparative analysis of capital cities, or administrative centers of the Russian Federation constituents, and also the cities of Moscow and St.-Petersburg, carried out in terms of their Gross Metropolitan Products (GMP), their contribution to economic development of the RF constituents and the country on the whole. The issue is also dedicated to assessment of the links between the level of development and the structure of metropolitan economies and to testing a hypothesis about the role of housing construction as a driver of economic growth.
The review provides an analysis of the situation in 81 capital cities over the period from 2000 to 2015