Explaining Russia's Output Collapse: Aggregate Sources and Regional Evidence
This paper explores sources of the output collapse in Russia during transition. A modified growth accounting framework is developed that takes into account changes in factor utilization typical of the transition process. The results indicate that declines in factor inputs and productivity were both...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2001
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Schriftenreihe: | IMF Working Papers
Working Paper No. 01/16 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper explores sources of the output collapse in Russia during transition. A modified growth accounting framework is developed that takes into account changes in factor utilization typical of the transition process. The results indicate that declines in factor inputs and productivity were both important determinants of the output fall. The contribution of the productivity drop was critical, but smaller than previously reported. Possible causes of the reduction in productivity are assessed using data on sub-national regions within Russia. Privatization and entry of private firms are found to have generated productivity gains, while lack of exit of unviable enterprises constituted a drag on efficiency |
Beschreibung: | 1 Online-Ressource (33 p) |
ISBN: | 1451843402 9781451843408 |
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spelling | Dolinskaya, Irina Verfasser aut Explaining Russia's Output Collapse Aggregate Sources and Regional Evidence Dolinskaya, Irina Washington, D.C International Monetary Fund 2001 1 Online-Ressource (33 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 01/16 This paper explores sources of the output collapse in Russia during transition. A modified growth accounting framework is developed that takes into account changes in factor utilization typical of the transition process. The results indicate that declines in factor inputs and productivity were both important determinants of the output fall. The contribution of the productivity drop was critical, but smaller than previously reported. Possible causes of the reduction in productivity are assessed using data on sub-national regions within Russia. Privatization and entry of private firms are found to have generated productivity gains, while lack of exit of unviable enterprises constituted a drag on efficiency Online-Ausg Tytell, Irina Sonstige oth http://elibrary.imf.org/view/IMF001/02235-9781451843408/02235-9781451843408/02235-9781451843408.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Dolinskaya, Irina Explaining Russia's Output Collapse Aggregate Sources and Regional Evidence |
title | Explaining Russia's Output Collapse Aggregate Sources and Regional Evidence |
title_auth | Explaining Russia's Output Collapse Aggregate Sources and Regional Evidence |
title_exact_search | Explaining Russia's Output Collapse Aggregate Sources and Regional Evidence |
title_exact_search_txtP | Explaining Russia's Output Collapse Aggregate Sources and Regional Evidence |
title_full | Explaining Russia's Output Collapse Aggregate Sources and Regional Evidence Dolinskaya, Irina |
title_fullStr | Explaining Russia's Output Collapse Aggregate Sources and Regional Evidence Dolinskaya, Irina |
title_full_unstemmed | Explaining Russia's Output Collapse Aggregate Sources and Regional Evidence Dolinskaya, Irina |
title_short | Explaining Russia's Output Collapse |
title_sort | explaining russia s output collapse aggregate sources and regional evidence |
title_sub | Aggregate Sources and Regional Evidence |
url | http://elibrary.imf.org/view/IMF001/02235-9781451843408/02235-9781451843408/02235-9781451843408.xml |
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