EconPapers    
Economics at your fingertips  
 

DECOMPOSITION OF GDP GROWTH RATES IN 2016-2019: IN EXPECTATION OF STRUCTURAL CHANGES

Sergey Drobyshevsky and Maria Kazakova ()

Russian Economic Developments, 2016, issue 6, 18-22

Abstract: Calculations of decomposition of the RF GDP growth rates in 1999–2015 and the MED’s forecast for 2016–2019 show that in current conditions cyclical components related to the domestic business cycle’s entering the positive phase are the only source of economic growth. However, they alone are insufficient to ensure growth rates of 4% or more. To achieve that, it is important to increase structural economic growth rates, too. In particular, with the aggregate factor productivity to be retained at the present level it is necessary to a ract to the economy further labor resources of about 4.5m people and Rb 40 trillion worth of additional investments in capital assets in 2016–2018.

Keywords: GDP; Russian Economy (search for similar items in EconPapers)
JEL-codes: F10 F14 F15 F40 (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://iep.ru/files/RePEc/gai/recdev/recdev-2016-6-655.pdf Revised version, 2016 (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:recdev-2016-6-655

Access Statistics for this article

Russian Economic Developments is currently edited by Alexei Vedev

More articles in Russian Economic Developments from Gaidar Institute for Economic Policy Contact information at EDIRC.
Bibliographic data for series maintained by Victor Hugues ().

 
Page updated 2020-06-19
Handle: RePEc:gai:recdev:recdev-2016-6-655