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Evolution of State Industrial Policy in Russia

Author

Listed:
  • Kuznetsov, B.

    (National Research University Higher School of Economics, Moscow, Russia)

  • Simachev, Yu.

    (Interdepartmental Analytical Center, Moscow, Russia)

Abstract

The paper describes the evolution in 1990-s and 2000-s of approaches of Russian state towards industrial policy, which is understood as a policy facilitating structural changes in the economy. The mentioned evolution took place simultaneously with the development of theoretical paradigms of industrial policy in the economic literature both in Russia and in the World, and with extensive use of different instruments of industrial policy as well. Authors aim to analyze and summarize the Russian experiences in applying different instruments of industrial policy and to discuss the reasons for success and failures of those experiments. The paper formulates some lessons to be drawn from the extensive Russian experience that may improve the efficiency of such a policy, and puts some question for the discussion on the industrial policy issue.

Suggested Citation

  • Kuznetsov, B. & Simachev, Yu., 2014. "Evolution of State Industrial Policy in Russia," Journal of the New Economic Association, New Economic Association, vol. 22(2), pages 152-178.
    • Handle: RePEc:nea:journl:y:2014:i:22:p:152-178
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    References listed on IDEAS

    as
    1. Yu. Simachev & M. Kuzyk & D. Ivanov., 2012. "Russian Financial Development Institutions: Are We on the Right Way?," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 7.
    2. Justin Lin & David Rosenblatt, 2012. "Shifting patterns of economic growth and rethinking development," Journal of Economic Policy Reform, Taylor and Francis Journals, vol. 15(3), pages 171-194.
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    8. Justin Lin & Xifang Sun & Ye Jiang, 2013. "Endowment, industrial structure, and appropriate financial structure: a new structural economics perspective," Journal of Economic Policy Reform, Taylor and Francis Journals, vol. 16(2), pages 109-122.
    9. Justin Yifu Lin, 2012. "New Structural Economics : A Framework for Rethinking Development and Policy," World Bank Publications - Books, The World Bank Group, number 2232, December.
    10. Justin Yifu Lin & Xifang Sun & Ye Jiang, 2013. "Endowment, industrial structure, and appropriate financial structure: a new structural economics perspective," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 16(2), pages 109-122, June.
    11. Polterovich, Victor & Popov, Vladimir, 2006. "Эволюционная Теория Экономической Политики: Часть I: Опыт Быстрого Развития [An Evolutionary Theory of Economic Policy: Part I: The Experience of Fast Development]," MPRA Paper 22168, University Library of Munich, Germany.
    12. Justin Yifu Lin & David Rosenblatt, 2012. "Shifting patterns of economic growth and rethinking development," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 15(3), pages 171-194, September.
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    Citations

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    Cited by:

    1. Simachev, Y. & Kuzyk, M. & Pogrebnyak, E., 2018. "Federal Industrial Policy: Basic Models and Russian Practice," Journal of the New Economic Association, New Economic Association, vol. 39(3), pages 146-154.
    2. Radygin, Alexander & Simachev, Yury & Entov, Revold, 2015. "The state-owned company: “State failure” or “market failure”?1," Russian Journal of Economics, Elsevier, vol. 1(1), pages 55-80.
    3. Yury Simachev & Mikhail Kuzyk & Nikolay Zudin, 2016. "Import Dependence and Import Substitution in Russian Manufacturing: A Business Viewpoint," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 10(4), pages 25-45.
    4. Olga Romanova & Alena Ponomareva, 2019. "Theoretical, Institutional and Ethical Basis for Implementing Modern Industrial Policy. Part I," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 13-28.
    5. Golovanova, Svetlana V. (Головановаб Светлана) & Korneeva, Dina V. (Корнеева, Дина) & Sidorova, Elena E. (Сидорова, Елена) & Yusupova, Gyuzel F. (Юсоповаб Гюзель), 2019. "Single Wholesale Network for 5G: Quantitative Assessment of Market Impact [Единый Оператор Инфраструктуры 5g: Количественная Оценка Влияния На Рынки]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 4, pages 166-193, August.
    6. Shastitko, A., 2014. "Industrial and Competition Policy: from Theory to Practice of Interaction," Journal of the New Economic Association, New Economic Association, vol. 22(2), pages 205-209.
    7. Olga Romanova, 2018. "Industrial Policy Priorities of Russia in the Context of Challenges of the Fourth Industrial Revolution. Part 1," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 420-432.
    8. Olga A. Romanova, 2019. "Evolution of institutions for new industrial policy implementation," Upravlenets, Ural State University of Economics, vol. 10(3), pages 14-24, July.
    9. Irina P. Dovbiy & Alexey N. Degterenko & Vlada V. Kobilyakova, 2020. "“New Industrialization” in Russia as a Factor in the Transition to a Green Economy," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 4, pages 85-100, August.

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    More about this item

    Keywords

    horizontal and vertical industrial policy; diversification of economy; instruments for structural changes; quality of institutes;
    All these keywords.

    JEL classification:

    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • P21 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Planning, Coordination, and Reform

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