Defragmentation of Economic Growth with a Focus on Diversification: Evidence from Russian Economy

Andrey Gnidchenko

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper, we develop a comprehensive analysis of diversification issues for Russian economy. Assessing diversification for nine different variables, we show that choice of a variable affects the result much, and that, unlike a popular opinion, equiproportional economic diversity measures are still useful in economic analysis. Developing a simple defragmentation of economic growth, we account for labor productivity and labor availability separately, and show that these components depend on different factors.

Keywords: Diversification; economic growth; regions; Russia (search for similar items in EconPapers)
JEL-codes: O18 O49 R11 R12 R15 (search for similar items in EconPapers)
Date: 2010-11-30
New Economics Papers: this item is included in nep-fdg, nep-geo and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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https://mpra.ub.uni-muenchen.de/27256/2/MPRA_paper_27256.pdf revised version (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:27113

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