This article presents a multi-factorial regression analysis of budgetary efficiency of the special economic zones functioning in the Russian market. Special economic zones are the current form of public-private partnership in Russia, which has got significant development prospects. Public-private partnership is one of the most important institutions of economic relations between government and business, being among other things one of the key tools for investing into development of the real sector of economy. On the other hand, at present the social and budgetary efficiency of special economic zones in Russia is called into question by the state. Specific factors affecting the efficiency of special economic zones development, as well as their degree of influence, often remain unclear. In this regard, it seems important to study the budgetary efficiency of special economic zones through the prism of specific macroeconomic and specific factors published by the Russian Ministry of Economic Development. The study time frame covers the period of 2012-2016. Based on the results obtained, it seems possible to have more clear and deep understanding of the areas for developing interaction between the state and business in Russia.