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Assessing the share of environmental costs in GRP

The paper proves that natural capital depletion should be taken into account in assessing a level of regional economic development. The problems of correcting GRP are discussed. We present our cost estimates of environmental damage caused by economic activity and experienced by Russia and the regions of the Siberian Federal Region. Our estimates were made on the base of a cost approach

Zabelina L. A. [email protected]

Klevakina Ye. A. [email protected]

Keywords: region structure incomes inter-regional inequality region assessment