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Structural Change in Russian Transition

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Author Info
Paul R. Gregory
Valery Lazarev

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Abstract

This paper examines structural change in the Russian economy in 1990-2001, as measured by the changing composition of output and consumption, using international panel data sets as a frame of reference. It calculates a series of indexes to determine the extent to which the Russian economy is converging towards market economies. Although the Russian structure of output is becoming increasingly similar to that of upper-middle and the lower tier of high-income countries, the structure of Russian manufacturing is inconsistent with its income level and the extent of labor reallocation remains inadequate. Russia's pattern of consumption remains distorted due to the incomplete price liberalization.

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Publisher Info
Paper provided by Economic Growth Center, Yale University in its series Working Papers with number 896.

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Length: 47 pages
Date of creation: Oct 2004
Date of revision:
Handle: RePEc:egc:wpaper:896

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Related research
Keywords: Post-Communist Transition; Value Added; Labor Productivity; Composition of GDP; Price Distortions;

Find related papers by JEL classification:
E20 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Ivanenko, Vlad, 2004. "Searching for the value-subtraction in the Russian economy," Journal of Comparative Economics, Elsevier, vol. 32(1), pages 88-104, March. [Downloadable!] (restricted)
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Cited by:
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  1. Valery Lazarev & Paul Gregory, 2007. "Structural convergence in Russia’s economic transition, 1990–2002," Economic Change and Restructuring, Springer, vol. 40(3), pages 281-304, September. [Downloadable!] (restricted)
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This page was last updated on 2009-10-29.

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