Is Russia Still Driving Regional Economic Growth?

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Is Russia Still Driving Regional Economic Growth?

Author Info

Etibar Jafarov
Marco Pani
Clinton R. Shiells

Abstract

This paper investigates whether the linkages between economic growth in Russia and growth in other countries in the region have weakened over time, particularly following the 1998 Russian crisis. It specifies an econometric model that includes standard growth determinants as well as Russian economic growth, and which allows for the effects of Russian growth to vary over time. The paper finds that Russian growth was indeed a significant determinant of regional economic growth prior to the Russian crisis, but that this link weakened significantly thereafter.

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Publisher Info
Paper provided by International Monetary Fund in its series IMF Working Papers with number 05/192.

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Length: 42 pages
Date of creation: 12 Oct 2005
Date of revision:
Handle: RePEc:imf:imfwpa:05/192

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This paper has been announced in the following NEP Reports:

NEP-ALL-2005-10-22 (All new papers)
NEP-CIS-2005-10-22 (Confederation of Independent States)
NEP-TRA-2005-10-22 (Transition Economics)

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.:

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Other versions:
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Other versions:
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Other versions:
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Other versions:
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Other versions:
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Full references

Cited by:
(explanations, 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.)

Garbis Iradian, 2007. "Rapid Growth in Transition Economies: Panel Regression Approach," IMF Working Papers 07/170, International Monetary Fund. [Downloadable!]

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This page was last updated on 2009-12-30.

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