Is Mining Fuelling Long-run Growth in Russia? Industry Productivity Growth Trends since 1995
GGDC Research Memorandum. GD. University of Groningen , 2013. No. 137.
Timmer M. P., Voskoboynikov I.
GDP per capita growth rates in Russia have been among the highest in the world since the mid-1990s. Previous growth accounting research suggests that this was mainly driven by multi-factor productivity (MFP) growth. In this paper we analyse for the first time the drivers of Russian growth for thirty-four industries over the period 1995 to 2008. We pay in particular attention to the construction of a proper measure of capital services, to use in place of the stock measures employed in previous research. Based on these new measures, we find that aggregate GDP growth is driven as much by capital input as by MFP growth. Mining and Retailing account for an increasing share of the inputs, but are weak in terms of MFP performance. In contrast, MFP growth was rapid in goods-producing industries, but the sector’s GDP share declined. The major drivers of MFP growth were in the high-skilled services industries that were particularly underdeveloped in the Russian economy in the 1990s.
Priority areas: economics
, , Is Mining Fuelling Long-run Growth in Russia? Industry Productivity Growth Trends since 1995 / Bank of Finland Institute for Economies in Transition. Series DP "BOFIT Discussion Papers". 2013. No. 19.
GDP per capita growth rates in Russia have been among the highest in the world since the mid-1990s. Previous growth accounting research suggests that this was mainly driven by multi-factor productivity (MFP) growth. In this paper we analyse for the first time the drivers of Russian growth for thirty-four industries over the period 1995 to ...
Added: September 4, 2013
, , Review of Income and Wealth 2014 Vol. 60 No. Supplement S2 P. S398-S422
GDP per capita growth rates in Russia have been amongst the highest in the world since the mid-1990s. Previous growth accounting research suggests that this was mainly driven by multi-factor productivity (MFP) growth. In this paper we analyse for the first time the drivers of Russian growth for thirty-four industries for the period 1995 to ...
Added: May 25, 2014
, 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
, New measures of output, labour and capital in industries of the Russian economy / University of Groningen. Series GD "GGDC Research Memorandum". 2012. No. 123.
Russia is an important part of the world economy both now and in the past. Indeed, one would expect an abundance of studies on Russian economic development. In the past, growth and performance in planned economies vis-à-vis the Western world did attract much attention. These types of studies contributed to two revolutions of development thinking, ...
Added: November 15, 2012
Access of firms to public procurement in Russia in the 2000s: before and after radical reform of regulation
, , International Journal of Economic Policy in Emerging Economies 2012 Vol. 5 No. 2 P. 140-157
This paper considers the consequences of public procurement reform in Russia in 2005-2006. We show that before the reform, manufacturing firms with government stakes, old firms and larger firms had advantages in access to government orders. In 2009 large firms retain their advantages in access to government orders. Estimated scales of ‘kickback’ in 2009 were ...
Added: September 11, 2012
L. : Routledge, 2018
The world, of late, has seen a productivity slowdown. Many countries continue to recover from various shocks in the macro business environment, along with structural changes and inward looking policies. In contemporary times of growth slumps, various exits and protectionist regimes, this book engages with the study of productivity dynamics in the emerging and industrialized ...
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, 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
Sustainable Development of the Pharmaceutical Industry in Russia: What should be done to make it Possible?
, European Journal of Economics, Finance and Administrative Sciences 2013 No. 59 P. 140-150
The functioning specifics of modern Russian pharmaceutical industry causes counteraction between the main goals of its development: the accessibility of medicines for the population; the product supply of pharmaceutical sector; saving government expenses for purposes of public health and medicament supply; insuring the medicament independence of the national public health systems from multi-national pharmaceutical corporations. ...
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, Российское предпринимательство 2012 № 2 С. 27-35
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Added: September 11, 2012
Институт Гайдара, 2014
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, Оксфорд : Routledge, 2015
During the early 2000s the market liberalization reforms to the Russian economy, begun in the 1990s, were consolidated, but since the mid 2000s economic policy has moved into a new phase, characterized by more state intervention with less efficiency and more structural problems. Corruption, weak competitiveness, heavy dependency on energy exports, an unbalanced labour market, ...
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The author proposes a modification of a computable simulation model for money circulation in the Russian economy developed in the Laboratory of social simulation CEMI together with academician V.L. Makarov and researcher A.A. Losev due to disaggregation of a block “Oil and gas industry” agent on the two modified model block – a block “Exploration of oil ...
Added: July 12, 2017
, 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
, , Вестник Балтийского федерального университета им. И. Канта 2012 № 3 С. 19-25
There are a number of stereotypes regarding the investment attractiveness of Russian enterprises. Local companies often do not see any development prospects in Russia and complain at the unsatisfactory local institutional environment. However, the activity of multinational corporations (MNCs) in Russia serves as a clear evidence of its potential attractiveness as one of the BRICS ...
Added: February 13, 2013
, Journal of Productivity Analysis 2023
This paper shows that the industrial origins of productivity growth in Czechia, Hungary, and Slovenia (CEE-3) and Russia before 2008 were similar and driven by manufacturing industries. The contribution of manufacturing industries to multifactor productivity (MFP) growth is substantial. In CEE-3, it exceeded market services. The contribution of labor reallocation to labor productivity growth was ...
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, Журнал институциональных исследований 2013 Т. 5 № 1 С. 6-20
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Added: November 14, 2013
, Экономическая наука современной России 2008 № 4 С. 28-40
Результаты трансформационных процессов в России оказались прямо противоположными тому, что предполагали реформаторы в начале 90-х гг. ХХ в. Поэтому правительство резко изменило курс и приступило к использованию традиционных для российской экономической практики раздаточных механизмов в новых формах. Общая теория институциональных трансформаций дает иное объяснение происходящему, отличающееся от распространенной трактовки о возрождении плановой экономики и восстановлении ...
Added: April 12, 2013
М. : Институт экономики переходного периода, 2009
The review provides a detailed analysis of main trends in Russia's economy in 2008. The paper contains five big sections that highlight single aspects of Russia's economic development: the socio-political context; the monetary and credit and financial spheres; the real sector; social sphere; institutional challenges. The paper employs a huge mass of statistical data that ...
Added: May 17, 2014
, М. : Институт экономики переходного периода, 2001
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Added: January 28, 2013
Наука и образование: проблемы и тенденции развития: материалы Международной научно-практической конференции (Уфа, 20-21 декабря 2013 г.): сборник статей в 3-х ч.
Уфа : РИЦ БашГУ, 2013
This collection of articles is the materials of the International scientific-practical conference «Science and education: problems and development trends». The purpose of the international conference was the integration and coordination of interdisciplinary efforts in study of urgent problems of modern science and determining the prospects for development. ...
Added: February 19, 2014
, , et al., Общественные науки и современность 2009 № 4 С. 58-70
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Added: March 31, 2013
, , et al., Russian Journal of Economics 2017 Vol. 3 No. 3 P. 240-262
This paper estimates the capacity utilization rate for Russian manufacturing. We also propose a way to build continuous production capacity time series and indicators to describe the basic characteristics of production capacity. The data come from form 1-natura‑BM of the Russian Federal State Statistics Service. Our findings on the trends and structural characteristics of production ...
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, Вопросы экономики 2013 № 12 С. 123-140
The paper reviews the development of temporary agency work in Russia using data from Russian companies in 2008—2011. The results indicate that the number of Russian firms with agency workers has increased while the share of agency workers declined in the period analyzed. Using a probit model the author investigates why firms use temporary agency ...
Added: November 25, 2013