PECULIARITIES OF STATE PROPERTY IN THE ECONOMY OF RUSSIA

A.M. Chernopiatov, L.A. Akhmetov and D.M. Djuraev

Regional and Sectoral Economic Studies, 2018, vol. 18, issue 2, 43-52

Abstract: The aim of the article is to compare the role of state property in developed countries and to obtain a more reliable estimate of the real share of the public 2005 to 2015. The estimates obtained by the authors on the share of state sector in the Russian economy based on the dynamics of its change over the period from property in the Russian economy show that the private sector plays the main role in the Russian economy. However, higher efficiency of the economy can be achieved by combining all the advantages of private and public partnership. On the basis of the study, we can conclude that Russia is gradually adopting the North American model of public sector participation in the economy, which is characterized by its specialization in purely state functions – defense and social infrastructure.

Keywords: economy; state property; industry; entrepreneurship; business. (search for similar items in EconPapers)
JEL-codes: H11 H41 H42 (search for similar items in EconPapers)
Date: 2018
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