When high growth is not enough: Rethinking Russia’s pre-crisis economic performance
Voskoboynikov I., Solanko L.
Based on newly available data, we argue that multifactor productivity increases over the period 1995–2008 generated only about a half of Russia’s GDP growth, a smaller increase than most previous estimates. Further, growth in multifactor productivity seems to have contributed to a smaller share of GDP growth in 2003–2008 than in the first seven years of our observation period. These results imply that increases in capital inputs, and consequently investments in fixed capital, are more important than previously thought for Russia’s economic growth. Detailed analysis of industry-level data reveals two drivers of economic growth in the period: the extended oil & gas sector and high-skill-intensive services. Our analysis indicates that growth in the extended oil & gas sector reflected increased capital inputs, while growth in high-skill-intensive services seems to be part of catching up with more advanced markets. Neither sector is likely to spur growth in the coming decade.
М. : ИНИОН РАН, 2004
Added: January 27, 2017
L. : Emerald Group Publishing Limited, 2019
Modeling economic growth in contemporary Russia ...
Added: March 24, 2019
, М. : ИНИОН РАН, 2009
Added: October 2, 2016
, Russland-Analysen 2013 No. 255 P. 2-7
This paper considers main driving forces of new possible model of economic growth in Russia after global recession of 2008-2009 as well as preconditions for implantation of this model. Paper argues that two social group improved their positions in 2000s can serve as driving forces of this new model – “new business” and “new bureaucracy” ...
Added: October 8, 2013
, Baltic RIM Economies Review 2016 No. 1 P. 38-39
Changes in geopolitical situation overall and the Russian macroeconomic trends have build up proconditions for the Russian economic policy to improve. Those the new pro-market reforms and an active industrial policy are nedeed in order to accelerate Russia's economic growth. A looming new Russian economic modei is likely to be more dirigiste and protectionist than ...
Added: December 8, 2018
, Российское предпринимательство 2014 № 1(247) С. 70-77
В данной статье рассматриваются ключевые теоретические подходы к оценке производительности в банковском секторе. Оценка производительности в банках, оперирующих на российском рынке, проведена с помощью двух наиболее часто используемых подходов, в частности расчета отношения чистой прибыли к численности персонала и отношения административных расходов к операционным доходам. Выборка исследования состоит из двух-сот банков. Данные исследования базируются на ...
Added: June 1, 2014
, , et al., Вестник международных организаций: образование, наука, новая экономика 2013 № 4
Once the legacy of the global financial crisis has been overcome, global GDP could grow at around 3% per year over the next 50 years. Growth will be enabled by continued fiscal and structural reforms and sustained by the rising share of relatively fast-growing emerging countries in global output. Growth of the non-OECD will continue ...
Added: November 17, 2013
, Ученые записки Российского государственного гидрометеорологического университета 2012 № 25 С. 163-172
In this work has been systematized theoretical foundations of economic benefit and efficiency, was investigated the nature of the efficiency for sustainable enterprise development, was highlighted economic benefits and the essence of the economic effect, summarized the existing performance indicators, was represented a set of means and methods to ensure cost-effectiveness for the sustainable enterprise ...
Added: December 3, 2012
, Structural change, expanding informality and labour productivity growth in Russia / Bank of Finland Institute for Economies in Transition. Series DP "BOFIT Discussion Papers". 2017. No. 18.
Intensive growth, structural change and expanding informality has characterized many developing and emerging economies in recent decades. Yet most empirical investigations into the relationship between structural change and productivity growth overlook informality. This paper includes the informal sector in an analysis of the effects of structural changes in the Russian economy on aggre-gate labour productivity ...
Added: November 30, 2017
, Comparative Economic Studies 2016
Post-transition Central and East European economies (CEEs) had similar stylized facts of development before transition, which are extensive growth, distorted structure and technological backwardness. However, after transition country specific origins of growth, such as natural resources abundance or development of institutions, could dominate. Are sources of labor productivity growth in these economies similar or idiosyncratic? ...
Added: October 23, 2015
, Review of Income and Wealth 2020 Vol. 66 No. 2 P. 394-417
Strong growth, intensive structural change and expanding informality have characterized many developing and emerging economies in recent decades. Yet most empirical investigations into the relationship between structural change and productivity growth overlook informality. This paper includes the informal sector in an analysis of the effects of structural changes in the Russian economy on aggregate labour ...
Added: March 9, 2019
, , et al., Deconstructing the BRICs: Structural Transformation and Aggregate Productivity Growth / Высшая школа экономики. Series EC "Economics". 2011. No. 04.
This paper studies structural transformation and its implications for productivity growth in the BRIC countries based on a new database that provides trends in value added and employment at a detailed 35-sector level. We find that for China, India and Russia reallocation of labour across sectors is contributing to aggregate productivity growth, whereas in Brazil ...
Added: August 28, 2012
, Structural change, expanding informality and labour productivity growth in Russia / Высшая школа экономики. Series WP BRP "Economics/EC". 2017. No. 168.
Recent decades have been years of intensive growth, structural change and expanding informality for many developing and emerging economies. However, in exploring the relationship between structural change and productivity growth, most empirical studies ignored informality. This paper explores how structural change in the Russian economy 1995–2012 affects aggregate labour productivity growth, taking into account the ...
Added: August 9, 2017
, Производительность и оплата труда: немного простой арифметики / Высшая школа экономики. Серия WP3 "Проблемы рынка труда". 2014. № 01.
Работа посвящена анализу соотношения между динамикой производительности труда и динамикой его оплаты в российской экономике и является продолжением более раннего исследования, строившегося на данных за 1997–2007 гг. В фокусе обсуждения – вопрос о том, какими в условиях кризиса 2008–2009 гг. и последующих лет были траектории изменения производительности и оплаты труда. Автор приходит к выводу, что ...
Added: October 20, 2014
Russian cyclical indicators and their usefulness in real time: An experience of the 2008-09 recession
, Journal of Business Cycle Measurement and Analysis 2014 No. 1 P. 103-128
This report investigates the predictability of cyclical turning points in Russia. For years, anyone interested in Russia had access to a full set of common tools for business cycle analysis, such as several composite leading indicators, a purchasing managers’ index, enterprise and consumer sentiment indexes, and so on. However, the 2008-09 world financial crisis spread ...
Added: July 18, 2014
Разрешение торговых конфликтов во Всемирной торговой организации: экономическое и правовое значение для России
, , , СПб. : ИД "Троицкий мост", 2021
The monograph is devoted to the resolution of trade and economic disputes in the WTO. Attention is drawn to the peculiarities and effectiveness of Russia's participation as a plaintiff, defendant and the third party in emerging interstate trade conflicts. An attempt is made to show the importance of the WTO's activities in resolving trade and ...
Added: June 11, 2021
М. : ИМЭМО РАН, 2016
The collection of extended analytical reports presented at the international conference of young scholars “Transformation of World Energy: Market Mechanisms and State Policy” organized by Center of Energy Studies, IMEMO RAN and Faculty of International Energy Business, Gubkin Russian State Oil and Gas University in April, 2016. Undergraduate and postgraduate students of leading Russian universities ...
Added: August 31, 2016
Наука – бизнес – образование: проблемы и перспективы компетентностного взаимодействия: Сб. материалов Международной науч.-практич. конф. (22 октября 2012 г., г. Ульяновск)
Ульяновск : УлГУ, 2012
Сб. материалов Международной науч.-практич. конф. (22 октября 2012 г., г. Ульяновск) ...
Added: September 30, 2014
, , , Problems of Economic Transition 2010 Vol. 53 No. 3 P. 69-95
The article considers different approaches, all based on detailed statistical data, to determine which industries and commodities have high, medium, or low sensitivity to exchange rate fluctuations. The authors conclude that any exchange rate policy is an inappropriate tool to influence the structure of Russian economy. ...
Added: April 12, 2013
Концепция «продовольственных режимов» как модель объяснения стратегий аграрного развития (на примере России и Бразилии)
, , et al., Вестник Российского университета дружбы народов. Серия: Социология 2019 Т. 19 № 2 С. 261-276
The ‘food regime’ approach was introduced as a historical method of “incorporated comparison” (P. McMichael). This comparison of the role of agriculture in the world-system made some scholars overemphasize an excessively unitary and coherent global food regime. The authors recognize this approach as a historical-comparative analytical tool to understand global trends, but argue that the Russian and Brazilian agrarian ...
Added: June 24, 2019
Теоретичні та емпіричні аспекти економічної оцінки залежності: екологічні імперативи – рівень суспільного розвитку
, Вісник Сумського національного аграрного університету. Серія «Економіка та менеджмент» 2005 No. 3-4(16-17) P. 215-222
Added: October 21, 2014
, , Post-Soviet Affairs 2018 Vol. 34 No. 6 P. 412-429
This study seeks to discuss the survivability of charitable NGOs in Russia without foreign funding. We use cross-section data from a quantitative household survey conducted in April 2016 to investigate common giving patterns of Russians. Using statistic and regression analysis, we explore causes of donations and individual and social attributes of charitable giving in general ...
Added: October 5, 2018
Global challenges and trends in agriculture: impacts on Russia and possible strategies for adaptation
, , Foresight 2017 Vol. 19 No. 2 P. 218-250
Purpose – This paper aims to analyse the mainstream and emerging global challenges and trends in the global agriculture sector. The analysis leads to a discussion on the present state of the Russian agroindustry and possible future strategies for adaptation in the context of the rapidly changing global environment. Design/methodology/approach – The design of this study is based on the ...
Added: June 23, 2017
State-controlled "national champions" of the Russian banking market: Concentration, competitiveness, and efficiency
, State-controlled "national champions" of the Russian banking market: Concentration, competitiveness, and efficiency / Social Science Research Network. Series "SSRN Working Paper Series". 2013. No. 2223686.
This paper tries to assess some of the effects from industrial policy of growing state-controlled "national champions" in the Russian banking industry. We look at market concentration and competitiveness and average bank efficiency. A modified method of calculating the indicators of market concentration suggests that main segments of the market have crossed the threshold of high ...
Added: February 25, 2013