Innovative development of Russian industry: regional problems and opportunities for their solution

The article discusses the issue of shortage of skills in the Russian industry. Using microdata from a survey of industrial enterprises, the author confirms that most of employers complain of difficulties in hiring and attaching skilled workers. In case of mass occupations, this shortage relates mostly to low efficient enterprises, which are unable or unwilling to pay competitive market going wage. More efficient and better paying firms are less likely to face shortage of general skills on the labor market but may face limited supply of specific skills.

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Industrial Output in the USSR and Russia, 1861—2012. Part II. Crises and Cycles

Voprosy Ekonomiki ◽

10.32609/0042-8736-2013-7-138-153 ◽

2013 ◽

pp. 138-153 ◽

Cited By ~ 2

Author(s):

S. Smirnov

Keyword(s):

Industrial Production ◽

Turning Points ◽

Russian Empire ◽

Industrial Output ◽

Production Index ◽

Russian Industry ◽

Industrial Production Index ◽

Cyclical Volatility

Calculation of the aggregated "consensus" industrial production index has made it possible to date cyclical turning points and to measure the depth and length of the main industrial recessions in Russian Empire/USSR/Russia for the last century and a half. The most important causes of all these recessions are described. The cyclical volatility of Soviet/Russian industry is compared to that of American one.

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Production capacity of Russian industry: Potential of import Substitution and economic Growth

Voprosy Ekonomiki ◽

10.32609/0042-8736-2015-6-5-24 ◽

2015 ◽

pp. 5-24 ◽

Cited By ~ 5

Author(s):

B. Zamaraev ◽

T. Marshova

Keyword(s):

Economic Growth ◽

Import Substitution ◽

Production Capacity ◽

Current Level ◽

High Tech ◽

Industrial Growth ◽

Russian Industry ◽

Technological Modernization ◽

Capacity Structure ◽

Idle Capacity

The article examines the state of production capacity of Russian industry. It is shown that in spite of certain positive shifts, the rate of technological modernization in recent years has been insufficient for marked progressive changes in the capacity structure and quality. In contrast to the industrial growth after the crisis of 1998 that took place in the presence of significant reserves of capacity, the current level of idle capacity is much lower. The lack of mass input of modern and high-tech industries objectively limits the possibilities of import substitution and economic growth.

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The Impact of Property Characteristics on Economic Performance of Russian Industrial Enterprises

Voprosy Ekonomiki ◽

10.32609/0042-8736-2005-2-53-68 ◽

2005 ◽

pp. 53-68 ◽

Cited By ~ 3

Author(s):

R. Kapeliushnikov ◽

N. Demina

Keyword(s):

Detailed Analysis ◽

Economic Performance ◽

Ownership Concentration ◽

Corporate Sector ◽

Concentrated Ownership ◽

Industrial Enterprises ◽

Russian Industry ◽

Control Premium ◽

And Performance ◽

The Impact

The paper provides new survey evidence on effects of concentrated ownership upon investment and performance in Russian industrial enterprises. Authors trace major changes in their ownership profile, assess pace of post-privatization redistribution of shareholdings and provide evidence on ownership concentration in the Russian industry. The major econometric findings are that the first largest shareholding is negatively associated with the firm’s investment and performance but surprisingly the second largest shareholding is positively associated with them. Moreover, these relationships do not depend on identity of majority shareholders. These results are consistent with the assumption that the entrenched controlling owners are engaged in extracting "control premium" but sizable shareholdings accumulated by other blockholders may put brakes on their expropriating behavior and thus be conductive for efficiency enhancing. The most interesting topic for further more detailed analysis is formation, stability and roles of coalitions of large blockholders in the corporate sector of post-socialist countries.

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