The Resource Understanding Russian Regions' Economic Performance during Periods of Decline and Growth : An Extreme-bound Analysis Approach, Rudiger Ahrend, (electronic resource)

Understanding Russian Regions' Economic Performance during Periods of Decline and Growth : An Extreme-bound Analysis Approach, Rudiger Ahrend, (electronic resource)

Label
Understanding Russian Regions' Economic Performance during Periods of Decline and Growth : An Extreme-bound Analysis Approach
Title
Understanding Russian Regions' Economic Performance during Periods of Decline and Growth
Title remainder
An Extreme-bound Analysis Approach
Statement of responsibility
Rudiger Ahrend
Creator
Subject
Language
eng
Summary
This article uses "extreme-bound"-type analysis to revisit the determinants behind widely differing economic growth in Russian regions. Using data of 77 regions for 1993-2004, it separately examines the growth drivers for the phase of economic decline up to 1998, and for the period of strong growth afterwards. Looking at forty variables considered to be potentially related to growth, it determines, for each of the two periods, the ones robustly associated with Russian economic performance. Among the variables considered are proxies of politico-institutional features, indicators of economic reform, and measurements of both economic and non-economic initial conditions. The main findings, based on close to one million regressions, are as follows: during the period of economic decline up to 1998, differences in Russian regional growth were almost entirely driven by initial conditions, with resource and human capital endowments, industrial structure, and geographical location playing the dominant roles. However, since the 1998 crisis, the importance of initial conditions has declined significantly, and is now basically reduced to hydrocarbon wealth and advantageous geographical location. More reform-oriented policies, as well as better regional leadership are found to have come to make a significant difference. These results point to determinants of economic performance in periods of actual economic decline being quite different from those in "normal" times of economic growth
Member of
Cataloging source
FR-PaOEC
http://library.link/vocab/creatorName
Ahrend, Rudiger
Government publication
international or intergovernmental publication
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
Series statement
OECD Economics Department Working Papers,
Series volume
no.644
http://library.link/vocab/subjectName
Economics
Label
Understanding Russian Regions' Economic Performance during Periods of Decline and Growth : An Extreme-bound Analysis Approach, Rudiger Ahrend, (electronic resource)
Instantiates
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
762085015
Dimensions
21 x 30 cm
Extent
1 online resource 29 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/235866010670
Specific material designation
remote
System control number
(OCoLC)762085015
Label
Understanding Russian Regions' Economic Performance during Periods of Decline and Growth : An Extreme-bound Analysis Approach, Rudiger Ahrend, (electronic resource)
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
762085015
Dimensions
21 x 30 cm
Extent
1 online resource 29 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/235866010670
Specific material designation
remote
System control number
(OCoLC)762085015

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