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The informal economy of Rostov Oblast on the eve of the Ukrainian refugee crisis

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  • Brock, Gregory

Abstract

Using a stochastic frontier production function at the raion (county) level of aggregation, Rostov Oblast rural economy's formal economic growth 2009–2013 is analyzed in conjunction with satellite luminosity data capturing both the formal and informal economy. Satellite luminosity data reveal a growing economy with higher levels of secondary education, access to a federal highway and availability of natural gas associated with wealthier raions. The region's ability to absorb unregistered Ukrainian refugees with both the wealthiest and one of the poorest performing raions right on the Ukrainian border is questionable though on the eve of the crisis most raions exhibited a growing informal and formal economy.

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  • Brock, Gregory, 2015. "The informal economy of Rostov Oblast on the eve of the Ukrainian refugee crisis," Journal of Policy Modeling, Elsevier, vol. 37(5), pages 789-803.
    • Handle: RePEc:eee:jpolmo:v:37:y:2015:i:5:p:789-803
    DOI: 10.1016/j.jpolmod.2015.08.005
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    References listed on IDEAS

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    Cited by:

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    More about this item

    Keywords

    Efficiency; Informal economy; Regional economics; Refugees;
    All these keywords.

    JEL classification:

    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • P27 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Performance and Prospects
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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