IDEAS home Printed from https://ideas.repec.org/p/wii/mpaper/mr2020-02.html
   My bibliography  Save this paper

Monthly Report No. 02/2020

Author

Listed:
  • Vasily Astrov

    (The Vienna Institute for International Economic Studies, wiiw)

  • Nikolay Kondrashov
  • Liudmila Konovalova
  • Valeriy Mironov
  • Leon Podkaminer

    (The Vienna Institute for International Economic Studies, wiiw)

Abstract

Chart of the month A lost decade for Russian living standards by Vasily Astrov Opinion Corner A case for balanced trade by Leon Podkaminer It is argued that countries following externally balanced growth paths perform best in the long term. It may be in a country’s interest not to indebt itself to others – and not to become a creditor of others. Will restructuring yield acceleration of the Russian economy? by Valeriy Mironov and Liudmila Konovalova The dynamics of Russian GDP over the past five years have been driven, on the one hand, by the accelerated growth of sectors such as mining, agriculture and some related services, and, on the other, by the decline of the retail and wholesale trade sector, and the slowing dynamics of high-tech industries. Problems calculating gross regional product in Russia by Nikolay Kondrashov Gross regional product (GRP) statistics have limited practical use in Russia because of a long publication lag (14 months), absence of quarterly data, and biased estimates of volume, structure and real growth. For instance, combined GRP for Russia as a whole significantly differs from the country’s GDP, and some components are omitted or grossly underestimated in the country’s GRP calculations. However, this can be improved. Monthly and quarterly statistics for Central, East and Southeast Europe

Suggested Citation

  • Vasily Astrov & Nikolay Kondrashov & Liudmila Konovalova & Valeriy Mironov & Leon Podkaminer, 2020. "Monthly Report No. 02/2020," wiiw Monthly Reports 2020-02, The Vienna Institute for International Economic Studies, wiiw.
    • Handle: RePEc:wii:mpaper:mr:2020-02
    as

    Download full text from publisher

    File URL: https://wiiw.ac.at/monthly-report-no-02-2020-dlp-5231.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Guilherme R. Magacho & John S. L. McCombie, 2017. "Verdoorn’s law and productivity dynamics: An empirical investigation into the demand and supply approaches," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 40(4), pages 600-621, October.
    2. Alvaro Angeriz & John McCombie & Mark Roberts, 2009. "Increasing Returns and the Growth of Industries in the EU Regions: Paradoxes and Conundrums," Spatial Economic Analysis, Taylor & Francis Journals, vol. 4(2), pages 127-148.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Adrián Rial & Rafael Fernández, 2023. "Does tertiarisation slow down productivity growth? A Kaldorian–Baumolian analysis across 10 developed economies," Metroeconomica, Wiley Blackwell, vol. 74(1), pages 188-222, February.
    2. Matteo Deleidi & Claudia Fontanari & Santiago José Gahn, 2023. "Autonomous demand and technical change: exploring the Kaldor–Verdoorn law on a global level," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 40(1), pages 57-80, April.
    3. Wilson Quijano & Diego Alejandro Guevara-Castañeda, 2021. "Desindustrialización: evidencias desde una mirada kaldoriana para Colombia (2005-2017)," Ensayos de Economía 19342, Universidad Nacional de Colombia Sede Medellín.
    4. Marwil J. Dávila-Fernández, 2018. "Alternative Approaches to Technological Change when Growth is BoPC," Department of Economics University of Siena 795, Department of Economics, University of Siena.
    5. João Prates Romero, 2018. "A Kaldor-Schumpeter Model Of Cumulative Growth: Combining Increasing Returns And Non-Price Competitiveness With Technological Catch-Up And Research Intensity," Anais do XLIV Encontro Nacional de Economia [Proceedings of the 44th Brazilian Economics Meeting] 75, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    6. Delphin Kamanda Espoir & Nicholas Ngepah, 2021. "Income distribution and total factor productivity: a cross-country panel cointegration analysis," International Economics and Economic Policy, Springer, vol. 18(4), pages 661-698, October.
    7. Matteo Deleidi & Walter Paternesi Meloni & Antonella Stirati, 2020. "Tertiarization, productivity and aggregate demand: evidence-based policies for European countries," Journal of Evolutionary Economics, Springer, vol. 30(5), pages 1429-1465, November.
    8. Di Meglio, Gisela & Gallego, Jorge, 2022. "Disentangling services in developing regions: A test of Kaldor's first and second laws," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 221-229.
    9. Borsato, Andrea & Lorentz, André, 2023. "The Kaldor–Verdoorn law at the age of robots and AI," Research Policy, Elsevier, vol. 52(10).
    10. Douglas Alencar & Frederico G. Jayme Jr & Gustavo Britto, 2021. "A post-Kaleckian model with productivity growth and real exchange rate applied to selected Latin American countries," PSL Quarterly Review, Economia civile, vol. 74(297), pages 127-146.
    11. Emilio Carnevali, 2021. "Price mechanism and endogenous productivity in an open economy stock‐flow consistent model," Metroeconomica, Wiley Blackwell, vol. 72(1), pages 22-56, February.
    12. Nicholas Oulton, 2019. "The UK and Western Productivity Puzzle: Does Arthur Lewis Hold the Key?," International Productivity Monitor, Centre for the Study of Living Standards, vol. 36, pages 110-141, Spring.
    13. Storm, Servaas. & Naastepad, C.W.M.,, 2012. "Wage-led or profit-led supply : wages, productivity and investment," ILO Working Papers 994709303402676, International Labour Organization.
    14. Hien Nguyen Hoang & A. I. Kashirin & V. V. Strenalyuk & A. S. Semenov & O. Y. Kazenkov & Yuri A. Chepurko, 2022. "Economic Growth by Innovative Development in Energy Sector: The Case of Oil and Gas Export in Russia," International Journal of Energy Economics and Policy, Econjournals, vol. 12(5), pages 466-471, September.
    15. Douglas Alencar & Frederico G. Jayme & Gustavo Britto & Cláudio Puty, 2021. "Distribution and Productivity Growth: An Empirical Exercise Applied to Selected Latin American Countries," Review of Political Economy, Taylor & Francis Journals, vol. 33(3), pages 487-510, July.
    16. Danilo Spinola, 2021. "The La Marca model revisited: Structuralist goodwin cycles with evolutionary supply side and balance of payments constraints," Metroeconomica, Wiley Blackwell, vol. 72(1), pages 189-212, February.
    17. Matteo Deleidi & Walter Paternesi Meloni & Antonella Stirati, 2018. "Structural change, labour productivity and the Kaldor-Verdoorn law: evidence from European countries," Departmental Working Papers of Economics - University 'Roma Tre' 0239, Department of Economics - University Roma Tre.
    18. Magacho, Guilherme R. & Spinola, Danilo, 2020. "Supply and demand in Kaldorian growth models: a proposal for dynamic adjustment," MERIT Working Papers 2020-032, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    19. Harris, Richard & Moffat, John, 2011. "Plant-level determinants of total factor productivity in Great Britain, 1997-2006," LSE Research Online Documents on Economics 33561, London School of Economics and Political Science, LSE Library.
    20. Fabrizio Antenucci & Matteo Deleidi & Walter Paternesi Meloni, 2019. "Demand and Supply-side Drivers of Labour Productivity Growth: an empirical assessment for G7 countries," Working Papers 0042, ASTRIL - Associazione Studi e Ricerche Interdisciplinari sul Lavoro.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wii:mpaper:mr:2020-02. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Customer service (email available below). General contact details of provider: https://edirc.repec.org/data/wiiwwat.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.