• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site

Working paper

Динамика промышленного производства и экономический цикл в СССР и России, 1861–2012

The trajectory of the industrial output of the Russian empire – the USSR – the Russian Federation for more than 150 years has been carefully investigated through official statistics as well as dozens of alternative estimates made by Russian and foreign experts. Calculation of the aggregated “consensus” industrial production index has made it possible to date the cyclical turning points and to measure the depth and length of the main industrial recessions for the last century and a half. The most important causes of all these recessions are described. The cyclical volatility of Russian industry is compared with the cyclical volatility of American industry.