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The Number of Vice-premiers as an Indicator of Russian Economy Conditions in the 1990s

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  • O. Kochetkova
  • R. Nureev

Abstract

Number of vice-premiers in a transitional country is an indicator of political weakness of the cabinet pointing out political and economic instability. So one can trace its connection with some economic data. Regression analysis has allowed to reveal significant correlation between the number of vice-premiers in the Russian government and the following socio-economic indicators: CPI (negative relation), money used by population to buy currency, strike participants number, unemployment, officially registered unemployed, officially registered unemployed on the dole (all — positive relation). The vice-premier growing number is connected positively with budget deficit growth that is another argument in favor of the thesis that such a number reflects government weakness.

Suggested Citation

  • O. Kochetkova & R. Nureev, 2004. "The Number of Vice-premiers as an Indicator of Russian Economy Conditions in the 1990s," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 8.
    • Handle: RePEc:nos:voprec:y:2004:id:1935
    DOI: 10.32609/0042-8736-2004-8-135-146
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