Forming Sources for a Long-run Growth: How to Understand Them?
AbstractThe paper analyzes the inconsequence and problems of Russian economic policy to accelerate economic growth. Authors consider three components of growth rate (potential, Russian and world business cycles) and conclude that in order to pursue an effective economic policy to accelerate growth, it has to be addressed to the potential (long-run) growth component. The main ingredients of this policy are the government spending restructuring
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Bibliographic InfoPaper provided by Gaidar Institute for Economic Policy in its series Working Papers with number 0096.
Length: 23 pages
Date of creation: 2014
Date of revision: 2014
long-run economic growth; TFP; government spending; restructuring.;
Find related papers by JEL classification:
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
- H5 - Public Economics - - National Government Expenditures and Related Policies
- J2 - Labor and Demographic Economics - - Demand and Supply of Labor
This paper has been announced in the following NEP Reports:
- NEP-ALL-2014-05-24 (All new papers)
- NEP-CIS-2014-05-24 (Confederation of Independent States)
- NEP-TRA-2014-05-24 (Transition Economics)
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