Section 4. Real sector of the economy
O. Izriadnova,
Sergey Drobyshevsky,
Maria Kazakova,
Sergey Tsukhlo,
Yuri Bobylev,
N. Karlova,
Natalia Shagaida,
Vasily Uzun,
Renata Yanbykh () and
Nadezhda Volovik
Chapter 4 in Russian Economy in 2014. Trends and Outlooks. (Issue 36), 2015, pp 173-278 from Gaidar Institute for Economic Policy
Abstract:
Analysis of the dynamics of the Russian economy macroeconomic indices for the period 2009–2014 showed that the gradual decline of economic growth was accompanied by increasing disparity in production, a decrease in innovation by manufacturers and increased problems related to the imbalance of the technical and technological characteristics of the basic funds and investments in fixed assets in basic economic activities. Development, based on the extensive use of the main factors, increase in production costs reduced the competitive ability of the Russian economy. Expanding domestic consumer demand was supported by the growth of salaries outstripping labour productivity. The growth of investments in fixed assets did not result in a corresponding increase in return per unit of the resources used.
Keywords: Real; sector (search for similar items in EconPapers)
JEL-codes: F17 F40 J60 J63 L60 L70 L80 N60 O40 (search for similar items in EconPapers)
Date: 2015
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