Relationship Between Industrial Production and Pawnshop Market of the Ural Macroregion

Ural State University of Economics, 620144 Ekaterinburg, Russia

^* Corresponding author: novikova@usue.ru

Abstract

The article focuses on the need to study the processes of a new high-tech industrialization (neo-industrialization) at the macroregion level. The object of the study is the economic region of the Russian Federation (the macroregion) as a relatively integral spatially localized and complexly structured socio-economic entity, which includes four Ural regions – Kurgan region, Orenburg region, Sverdlovsk region and Chelyabinsk region, Perm krai and two republics – Republic of Bashkortostan and Republic of Udmurtia, which corresponds to the borders of the Ural economic region according to the all-Russian classifier of economic regions. The purpose of this study is to prove the relationship between the level of industrial production and the level of the pawnshop market development in the Ural macroregion. The territory of the Ural macroregion is analyzed from the perspective of the relationship between the level of industrial production and the level of the pawnshop market development. The Authors proved the existence of a direct relationship between the level of industrial production and the level of pawnshops territorial concentration, and also identified the territories that are leaders in the pawnshops concentration. The Authors put forward a scientific hypothesis about the most effective model of pawnshop activity. The conclusion is made about mutually beneficial cooperation between precious metal processing enterprises and pawnshops, which contributes to the development of both the pawnshop sector and this type of industrial activity.