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Структурные Или Институциональные Сдвиги? Попытка Измерения На Примере Банковского Сектора
[Structural change, institutional change and their measurement: The case of banking]

Author

Listed:
  • Vernikov, Andrei

Abstract

The paper attempts measuring institutional change, taking the case of the Russian banking industry in 1991-2016. I put forward a set of metrics featuring the actors and the relevance of banking for the economy. At the first stage, the communist-era credit system falls apart, and so do coordination mechanisms between monetary and real sectors of the economy. After the 1998 crisis, evolution goes in the direction of greater government involvement in banks and centralized allocation of financial resources. Structural change has not yet led to a fully different modus operandi of the banking industry. The contribution of this paper is that it tackles the interplay between structural and institutional change in a particular economic sector.

Suggested Citation

  • Vernikov, Andrei, 2017. "Структурные Или Институциональные Сдвиги? Попытка Измерения На Примере Банковского Сектора
    [Structural change, institutional change and their measurement: The case of banking]
    ," MPRA Paper 79978, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:79978
    as

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    File URL: https://mpra.ub.uni-muenchen.de/79978/1/MPRA_paper_79978.pdf
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    institutional change; structural change; evolutionary analysis; mesoeconomics; banks; Russia; state;

    JEL classification:

    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • H82 - Public Economics - - Miscellaneous Issues - - - Governmental Property
    • P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General
    • P34 - Economic Systems - - Socialist Institutions and Their Transitions - - - Finance
    • P52 - Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies

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