The Crimean War and the Russian Economy

Federal tax revenues from the main sectors of the Russian economy after the 1998 crisis are examined in the article. Authors present the structure of revenues from these sectors by main taxes for 1999-2003 and prospects for 2004. Emphasis is given to an increasing dependence of budget on revenues from oil and gas industries. The share of proceeds from these sectors has reached 1/3 of total federal revenues. To explain this fact world oil prices dynamics and changes in tax legislation in Russia are considered. Empirical results show strong dependence of budget revenues on oil prices. The analysis of changes in tax legislation in oil and gas industry shows that the government has managed to redistribute resource rent in favor of the state.

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Competitive Capacity and Modernization of the Russian Economy

Voprosy Ekonomiki ◽

10.32609/0042-8736-2004-7-4-34 ◽

2004 ◽

pp. 4-34 ◽

Cited By ~ 1

Author(s):

E. Yasin ◽

A. Yakovlev

Keyword(s):

Present State ◽

Transition Economy ◽

Adaptive Model ◽

Russian Economy

Having analyzed the present state of the Russian economy the authors come to the conclusion that the only reasonable goal of its modernization is achieving high competitive capacity of production. External and internal competitive capacity is analysed in detail basing on broad statistics as well as competitive capacity of institutions and their changes, the adaptive model of transition economy. According to the authors implementation of competitive capacity policy as a national idea should take into account long-term perspective.

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National Currency Appreciation and Growth of the Russian Economy

Voprosy Ekonomiki ◽

10.32609/0042-8736-2004-6-95-111 ◽

2004 ◽

pp. 95-111

Author(s):

T. Zolotoukhina

Keyword(s):

Economic Growth ◽

Exchange Rate ◽

Money Supply ◽

Capital Flows ◽

National Currency ◽

Economic Factors ◽

Exchange Market ◽

Russian Economy ◽

Macroeconomic Indicators

The problem of interaction between Russian currency appreciation and positive dynamics of macroeconomic indicators is studied. Main economic factors of ruble appreciation are analyzed. Consequences of the Russian Central Bank's policy directed to oppose ruble appreciation and problems in financial area due to the increase of money supply through the exchange market are considered. Influence of exchange rate appreciation on economic growth, inflation, export, import, capital flows are discussed. It is concluded that Russian ruble appreciation stimulates an increase in efficiency of the Russian economy.

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Investment Processes in the Russian Economy

Voprosy Ekonomiki ◽

10.32609/0042-8736-2004-6-4-27 ◽

2004 ◽

pp. 4-27 ◽

Cited By ~ 1

Author(s):

V. Lisin

Keyword(s):

Economic Growth ◽

Exchange Rate ◽

Money Supply ◽

Capital Flows ◽

Economic Factors ◽

Exchange Market ◽

Russian Economy ◽

Macroeconomic Indicators

The problem of interaction between Russian currency appreciation and positive dynamics of macroeconomic indicators is studied. Main economic factors of ruble appreciation are analyzed. Consequences of the Russian Central Bank's policy directed to oppose ruble appreciation and problems in financial area due to the increase of money supply through the exchange market are considered. Influence of exchange rate appreciation on economic growth, inflation, export, import, capital flows are discussed. It is concluded that Russian ruble appreciation stimulates an increase in efficiency of the Russian economy.

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Business-groups in Russian industries

Voprosy Ekonomiki ◽

10.32609/0042-8736-2004-5-121-134 ◽

2004 ◽

pp. 121-134 ◽

Cited By ~ 1

Author(s):

S. Avdasheva

Keyword(s):

Industrial Organization ◽

Economic System ◽

Institutional Economics ◽

Business Groups ◽

Control Rights ◽

Organization And Management ◽

Russian Economy ◽

Main Determinants ◽

Soviet Economic System

The chapter of “Institutional Economics” textbook is devoted to the development of business-groups as a specific feature of industrial organization in the Russian economy. The main determinants of forming and functioning of business-groups such as allocation of property rights in Soviet enterprises, networks of directors and executive authorities in the Soviet economic system as well as import of new institutes and inefficient state enforcement are in the center of analysis. Origins, structure, organization and management within the groups and the role of shareholding and informal control rights are considered.

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Productivity Growth, Structural Change and Informality: The Case of Russia

Voprosy Ekonomiki ◽

10.32609/0042-8736-2015-11-30-61 ◽

2015 ◽

pp. 30-61 ◽

Cited By ~ 9

Author(s):

I. Voskoboynikov ◽

V. Gimpelson

Keyword(s):

Structural Change ◽

Productivity Growth ◽

Labour Productivity ◽

Alternative Methods ◽

Industry Effects ◽

Labour Productivity Growth ◽

Russian Economy ◽

Negative Effect ◽

Total Labour

This study considers the influence of structural change on aggregate labour productivity growth of the Russian economy. The term "structural change" refers to labour reallocation both between industries and between formal and informal segments within an industry. Using Russia KLEMS and official Rosstat data we decompose aggregate labour productivity growth into intra-industry (within) and between industry effects with four alternative methods of the shift-share analysis. All methods provide consistent results and demonstrate that total labour reallocation has been growth enhancing though the informality expansion has had a negative effect. As our study suggests, it is caused by growing variation in productivity levels across industries.

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Towards New Policy Incentives for Fixed Capital Investment and Technological Upgrades in Russia

Voprosy Ekonomiki ◽

10.32609/0042-8736-2011-6-43-56 ◽

2011 ◽

pp. 43-56

Author(s):

A. Apokin

Keyword(s):

Economic Policy ◽

Capital Investment ◽

Empirical Studies ◽

Fixed Capital ◽

Policy Framework ◽

Private Companies ◽

Russian Economy ◽

Technological Modernization ◽

Fixed Capital Investment ◽

Policy Incentives

The paper approaches the problem of private fixed capital underinvestment in Russia. The author uses empirical studies of the Russian economy and cases of successful technological modernization to outline several groups of disincentives for private companies to perform fixed capital investment in Russia. To counter these constraints, a certain incentive-based economic policy framework is developed.

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Modernization of Russian Economy: Radical Improvement of Investment Climate (The Economic Report of All-Russia Public Organization "Delovaya Rossiya")

Voprosy Ekonomiki ◽

10.32609/0042-8736-2010-10-68-89 ◽

2010 ◽

pp. 68-89

Author(s):

. Delovaya Rossiya (Business Russia)

Keyword(s):

Innovation Policy ◽

Raw Materials ◽

Regional Level ◽

Public Organization ◽

Investment Climate ◽

Economic Report ◽

Russian Economy ◽

Current State ◽

Regional Authorities

The repot considers the current state of the Russian economy, analyzes the drawbacks of the functioning export-raw materials model of its development. The necessity of its changing on the basis of improving the investment climate on the regional level is noted. Corresponding measures on behalf of federal and regional authorities are formulated as well as the directions of innovation policy aimed at modernizing the Russian economy. The conclusion is made that private non-raw materials business should become the main agent of modernization in our country.

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