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

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  • Rudiger Ahrend

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 ...

Suggested Citation

  • Rudiger Ahrend, 2004. "Russian Industrial Restructuring: Trends in Productivity, Competitiveness and Comparative Advantage," OECD Economics Department Working Papers 408, OECD Publishing.
  • Handle: RePEc:oec:ecoaaa:408-en
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    File URL: http://dx.doi.org/10.1787/148133273748
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    References listed on IDEAS

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    1. J. David Brown & John S. Earle & Almos Telegdy, 2004. "Does Privatization Raise Productivity? Evidence from Comprehensive Panel Data on Manufacturing Firms in Hungary, Romania, Russia and Ukraine," IEHAS Discussion Papers 0425, Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences.
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    Cited by:

    1. Katerina Kalcheva & Nienke Oomes, 2007. "Diagnosing Dutch Disease; Does Russia Have the Symptoms?," IMF Working Papers 07/102, International Monetary Fund.
    2. Vinokurov, Evgeny, 2007. "Kaliningrad: Enclaves and Economic Integration," MPRA Paper 20937, University Library of Munich, Germany.
    3. Konstantins Benkovskis & Julia Wörz, 2016. "Non-price competitiveness of exports from emerging countries," Empirical Economics, Springer, vol. 51(2), pages 707-735, September.
    4. Svatoš, M. & Smutka, L. & Ishchukova, N. & Vasilyonok, V., 2014. "Russian Agrarian Foreign Trade Development – the Impact of Selected Factors," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 6(3), September.
    5. Francesca Spigarelli, 2011. "Outward Foreign Direct Investments of the Russian Federation," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 1, March.
    6. Vinokurov, Evgeny, 2007. "L’enclave russe de Kaliningrad : spécificité territoriale et intégration à l’économie mondiale
      [The Russian Enclave of Kaliningrad: Territorial Specificity and Integration with the World Economy]
      ," MPRA Paper 20939, University Library of Munich, Germany.
    7. Raphaël Chiappini, 2010. "Dynamique des spécialisations et performances commerciales des pays d'Europe centrale et orientale (PECO)," Working Papers hal-00637591, HAL.
    8. Olga Garanina, 2009. "What beyond oil and gas ? Russian trade specialisation in manufactures," Post-Print halshs-00343419, HAL.
    9. World Bank, 2005. "Belarus : Window of Opportunity to Enhance Competitiveness and Sustain Economic Growth, A Country Economic Memorandum (CEM) for the Republic of Belarus, Volume 1, Main Report," World Bank Other Operational Studies 8353, The World Bank.

    More about this item

    Keywords

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

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • O52 - Economic Development, Innovation, 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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