Explaining the Productivity Advantages of Manufacturing Firms in Russian Urban Agglomerations
Over the past decade Russia has experienced stable economic growth with Gross Domestic Product (GDP) growing by 7 percent per year from 1998 to 2007. While the nation still enjoys a relatively healthy growth rate, analysis shows that the sources for the future growth are limited and to boost growth Russia should rely on increasing labor productivity. Improving productivity will impose new demands on Russia's workforce requiring better skills to satisfy the needs of economy growth. The international business environment survey reports that Russia's private sector considers the lack of skills and education of workers to be the most severe constraint on its expansion and growth. Despite the very high level of formal education attained by Russian workers the problem behind this may be explained by the current quality and content of education, which does not develop the necessary skills and competences demanded by the labor market. This report examines the reasons and the consequences of this skills deficit, which constrain productivity and limits innovation ultimately stifling accelerated economic growth in Russia. The objectives of the report are: 1) to deepen the understanding of the structure and composition of this skills deficit by analyzing in detail the demand for and supply of particular cognitive and non-cognitive skills; 2) to review the capacity and problems of the current systems for skills provision in Russia both through the public and private provision thereby identifying some of the underlying reasons for this skills gap; and 3) to support the development of evidence-based policy making in professional education and training, which will lead to a system better responding to the challenges of the economy and labor market.
This article studies the relationship between exporting and past productivity at the firm level. Panel data from two surveys of Russian manufacturing firms conducted in 2005 and 2009 are used. We analyse the difference between continuing and new exporters, and study how drivers to exporting differ if firms export to CIS or high-wage advanced countries. We find empirical evidence for the self-selection hypothesis: both continuing and new exporters are more productive and larger than non-exporters and export quitters. Path dependence in the nature of foreign trade ceased to exist: serving the markets of the former Soviet Union requires the same productivity advantage as exporting to the developed countries.
Urban public space continues to be the focus of debate regarding its conceptualization and how it is designed, (re)produced and managed. Nowadays public spaces are facing new challenges conceptually and practically. This book focuses on two of them: mobility and aestheticization. Mobility and flows are considered to be key characteristics of the post-modern era. While for some scholars it means the «end of place», others are trying to re-conceptualize it by bringing together notions of space, place, mobility and identity. Still surprisingly few authors address the concept of public space in this respect. Principles of aesthetic and diverse forms of aestheticization seem to have affected urban space and culture throughout Modernity, forming a dimension where power and conflict around urban space are performed. In this book nine authors with social science and arts backgrounds from six countries discuss how these processes shape the life of modern cities, and where the social sciences should move for a better understanding of them.
Basing on the data of migrant population surplus/decline in Russian cities for the period 1991-2009 the attempt is made to evaluate the impact of the population size of a city as well as the city position in the system of central-peripheral relations on its migration balance. The author also explains the existing migration mobility pattern through hierarchy of cities within a region.
Subject Pursuing the socio-economic policy in regions requires understanding the processes of concentration of resources, population, enterprises in certain territories, mostly, in cities. Recent studies show increasing interest of economists in the Zipf's Law manifestation in the regional system, and cities distribution under the rank-size principle.
Objectives The aims are to test the Zipf's Law in Russian cities, to support or reject the hypothesis that in Russia the Zipf coefficient depends on the size of the geographical territory of the federal district.
Methods We used the least square method to analyze the Zipf's Law in Russian cities in general, and in each federal district, in particular. The sampling includes 1,123 Russian cities with population over 1,000 people in 2014. Results The Zipf's Law manifests in the entire territory of the Russian Federation. In federal districts, the Zipf coefficient ranges from -0.65 (the Far Eastern Federal District) to -0.9 (the Ural and North Caucasian Federal Districts). The analysis of the sampling of cities with population over 100 thousand people demonstrated -1.13 Zipf’s coefficient.
Conclusions The test of the Zipf's Law for Russian cities shows that it is valid for small (8,600-15,300 people) and large cities (66,700-331,000 people). The Zipf's Law fails for cities with population exceeding one million people (except for the city of St. Petersburg). The study supports the hypothesis on dependence of the Zipf coefficient on the size of a federal district.
The paper examines the structure, governance, and balance sheets of state-controlled banks in Russia, which accounted for over 55 percent of the total assets in the country's banking system in early 2012. The author offers a credible estimate of the size of the country's state banking sector by including banks that are indirectly owned by public organizations. Contrary to some predictions based on the theoretical literature on economic transition, he explains the relatively high profitability and efficiency of Russian state-controlled banks by pointing to their competitive position in such functions as acquisition and disposal of assets on behalf of the government. Also suggested in the paper is a different way of looking at market concentration in Russia (by consolidating the market shares of core state-controlled banks), which produces a picture of a more concentrated market than officially reported. Lastly, one of the author's interesting conclusions is that China provides a better benchmark than the formerly centrally planned economies of Central and Eastern Europe by which to assess the viability of state ownership of banks in Russia and to evaluate the country's banking sector.
The paper examines the principles for the supervision of financial conglomerates proposed by BCBS in the consultative document published in December 2011. Moreover, the article proposes a number of suggestions worked out by the authors within the HSE research team.