ECONOMIC GROWTH FACTORS IN 2013 - H1 20141

Ekaterina Astafieva

Russian Economic Development, 2014, issue 9, 45-47

Abstract: The results of decomposition of output growth rates demonstrate that in the period of 2013 – H1 2014 the rate of GDP growth was predominantly infl uenced by labor and capital input, which means that growth in the Russian economy has been achieved in the main due to the eff ect of extensive factors. The inputs provided by the main production factors mostly rely on increasing capital inputs, backed by steady growth of fi xed assets alongside their declining capacity utilization.

Keywords: Economis; Growth (search for similar items in EconPapers)
JEL-codes: E62 E65 H21 H32 (search for similar items in EconPapers)
Date: 2014
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