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Russian Industrial Restructuring: Trends in Productivity, Competitiveness and Comparative Advantage

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Rudiger Ahrend ()

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Abstract

This article investigates issues related to industrial restructuring in Russia. Based on extensive sectoral data it examines, more particularly, levels and changes in labour productivity, unit labour costs and revealed comparative advantages for a large number of Russian industrial sectors. The main findings are the following. First, impressive increases in labour productivity have been achieved since 1997, especially during the post-crisis period. Secondly, this has been true for all major sectors, with the exception of those which are still predominantly state controlled or which suffer from strong state interference. Thirdly, there have been significant relative adjustments within the industrial sector, as labour productivity increased more in less productive sectors. Since the crisis, relative unit labour costs have also adjusted considerably, as less competitive sectors experienced relatively slower wage growth and larger labour force reductions. Fourthly, international ...

La restructuration du secteur industriel russe : Evolutions de la productivité, de la compétitivité et de l‘avantage comparatif

Cet article étudie des questions relatives à la restructuration industrielle russe. Fondé sur une base étendue de données sectorielles, il examine plus spécifiquement les niveaux et les variations de la productivité du travail, des coûts unitaires de main d’œuvre et des avantages comparatifs révélés pour un grand nombre de secteurs industriels. Les principaux résultats sont les suivants. Premièrement, des augmentations importantes dans la productivité du travail ont été atteintes depuis 1997, notamment dans la période qui a suivi la crise. Deuxièmement, ceci a été vrai pour la totalité des principaux secteurs à l’exception de ceux qui sont encore majoritairement contrôlés par l’État ou qui souffrent d’une forte intervention de l’État. Troisièmement, il y a eu de significatifs ajustements relatifs dans le secteur industriel puisque l’augmentation de la productivité du travail a été plus importante dans les secteurs les moins productifs. Depuis la crise, les coûts unitaires relatifs ...

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Paper provided by OECD Economics Department in its series OECD Economics Department Working Papers with number 408.

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Date of creation: 22 Oct 2004
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Handle: RePEc:oec:ecoaaa:408-en

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Keywords: productivity productivité transition transition restructuring restructuration Russia Russie industry sector competitiveness revealed comparative advantage unit labour costs private sector state control industrie secteur compétitivité avantage comparatif révélé coût unitaire de main-d'œuvre salaires secteur privé contrôle de l'État wages

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Find related papers by JEL classification:
L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
P2 - Economic Systems - - Socialist Systems and Transition Economies
P31 - Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions

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  1. Brown, J David & Earle, John S, 2004. "Does Privatization Raise Productivity? Evidence from Comprehensive Panel Data on Manufacturing Firms in Hungary, Romania, Russia and Ukraine," CEPR Discussion Papers 4791, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  1. Nienke Oomes & Katerina Kalcheva, 2007. "Diagnosing Dutch Disease: Does Russia Have the Symptoms?," IMF Working Papers 07/102, International Monetary Fund. [Downloadable!]
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