Growth Rates within the National Economic Space

A. Granberg and Yu. Zaitseva.

Voprosy Ekonomiki, 2002, vol. 9

Abstract: Authors proceed from the paradigm of spatial economics, according to which the national growth rates and distribution of regional growth rates in dynamic series for 1996-2001 are analyzed in common. The diffusion process of economic growth in Russia is examined. The term "flow of economic growth" is coined and its quantitative and geometrical parameters are considered. Special attention is given to conditions of retention of the flow in the area of positive regional growth rates. By authors' estimation, the critical level of GDP growth rates for Russia's economic space is equal to 4%.

Date: 2002
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