Sources of long run economic growth in Russia before and after the global financial crisis
作者: Ilya B. Voskoboynikov
作者单位: 1National Research University Higher School of Economics, Moscow, Russia
刊名: Russian Journal of Economics, 2017, Vol.3 (4), pp.348-365
来源数据库: Elsevier Journal
DOI: 10.1016/j.ruje.2017.12.003
关键词: RussiaIndustry growth accountingGlobal financial crisisWorld KLEMS
原始语种摘要: Abstract(#br)Although productivity decline in the global economy was observed before 2008, the global financial crisis of 2008 stimulated study of its source. In this context, recent literature mentions inefficient investments in machinery, human capital, and organizational processes. This can include skill mismatch and the lack of technology diffusion from advanced to emerging industries and firms. To what extent is this global view helpful in understanding recent productivity decline in the Russian economy? The present study reports that at least some of these sources can be observed in Russia as well. Using conventional industry growth accounting, it compares pre- and post-crisis sources of growth for the Russian economy. Specifically, it presents aggregate labor productivity growth as...
全文获取路径: Elsevier  (合作)

  • crisis 危机
  • financial 财政的
  • Russia 俄罗斯牌手表
  • capital 首都
  • global 球状的
  • economic 经济的
  • growth 生长
  • productivity 生产能力
  • labor 工作
  • economy 经济