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Russia’S Gdp Growth Rate Decomposition In 1999-2015

Author

Listed:
  • Sergey Drobyshevsky

    (Gaidar Institute for Economic Policy)

  • Maria Kazakova

    (Gaidar Institute for Economic Policy)

Abstract

The Gaidar Institute has developed a method of decomposing Russia’s GDP growth rates into the structural, foreign trade, and market-based components based on the decomposition algorithm decomposing macroeconomic indicators of developed countries (OECD). The algorithm has been refi ned to take account of the Russian economy’s peculiarities, i.e. its heavy reliance on foreign trade trends (the dynamics of global crude oil prices).

Suggested Citation

  • Sergey Drobyshevsky & Maria Kazakova, 2015. "Russia’S Gdp Growth Rate Decomposition In 1999-2015," Russian Economic Development, Gaidar Institute for Economic Policy, issue 1, pages 44-45, January.
    • Handle: RePEc:gai:recdev:440
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    File URL: http://www.iep.ru/files/RePEc/gai/recdev/440Drobyshevsky.pdf
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    More about this item

    Keywords

    Foreign trade;

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General

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