FACTORS OF CHANGE IN THE VALUE ADDED OF THE INDEUSTRIAL SECTOR IN 2013

Ekaterina Astafieva

Russian Economic Development, 2014, issue 3, 42-44

Abstract: The results of decomposition of growth in the output index point to the fact that in 2013 growth in the gross value added (GVA) of industry was achieved by means of accumulation of extensive factors. According to the preliminary estimates, the growth rates of the aggregate factor productivity (AFP) of industry turned out to be negative. In 2013, in the pattern of costs of the main factors of the industrial sector capital inputs had a dominant role to play; changes in labor costs in manufacturing are characterized by growth in labor volumes (the number of the employed) and reduction of the rate of utilization thereof (hours worked).

Keywords: Russian; Industry (search for similar items in EconPapers)
JEL-codes: C81 E30 E31 L11 (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.iep.ru/files/RePEc/gai/recdev/276Astafieva.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gai:recdev:276

Access Statistics for this article

Russian Economic Development is currently edited by Alexei Vedev

More articles in Russian Economic Development from Gaidar Institute for Economic Policy Contact information at EDIRC.
Bibliographic data for series maintained by Olga Beloborodova ( this e-mail address is bad, please contact ).