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Assessing Multiplier Effects in the Russian Economy: Input-Output Approach

Author

Listed:
  • M. Yu. Ksenofontov

    (Institute of Economic Forecasting of the Russian Academy of Sciences)

  • A. A. Shirov

    (Institute of Economic Forecasting of the Russian Academy of Sciences)

  • D. A. Polzikov

    (Institute of Economic Forecasting of the Russian Academy of Sciences)

  • A. A. Yantovskii

    (Institute of Economic Forecasting of the Russian Academy of Sciences)

Abstract

The article presents the calculation of multiplier effects in the modern economy of Russia. The output multipliers by different sectors of the economy have been estimated using a method based on a static input–output model. The article has analyzed the limitations and possibilities of applying a method of calculating the multiplier effects.

Suggested Citation

  • M. Yu. Ksenofontov & A. A. Shirov & D. A. Polzikov & A. A. Yantovskii, 2018. "Assessing Multiplier Effects in the Russian Economy: Input-Output Approach," Studies on Russian Economic Development, Springer, vol. 29(2), pages 109-115, March.
    • Handle: RePEc:spr:sorede:v:29:y:2018:i:2:d:10.1134_s1075700718020089
    DOI: 10.1134/S1075700718020089
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    References listed on IDEAS

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    1. Dixon, Peter B. & Parmenter, B.R., 1996. "Computable general equilibrium modelling for policy analysis and forecasting," Handbook of Computational Economics, in: H. M. Amman & D. A. Kendrick & J. Rust (ed.), Handbook of Computational Economics, edition 1, volume 1, chapter 1, pages 3-85, Elsevier.
    2. Burfisher,Mary E., 2017. "Introduction to Computable General Equilibrium Models," Cambridge Books, Cambridge University Press, number 9781107584686, June.
    3. Roel Beetsma & Massimo Giuliodori & Franc Klaassen, 2008. "The Effects of Public Spending Shocks on Trade Balances and Budget Deficits in the European Union," Journal of the European Economic Association, MIT Press, vol. 6(2-3), pages 414-423, 04-05.
    4. Lawrence Christiano & Martin Eichenbaum & Sergio Rebelo, 2011. "When Is the Government Spending Multiplier Large?," Journal of Political Economy, University of Chicago Press, vol. 119(1), pages 78-121.
    5. Burfisher,Mary E., 2017. "Introduction to Computable General Equilibrium Models," Cambridge Books, Cambridge University Press, number 9781107132207, June.
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    Citations

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    Cited by:

    1. E. A. Edinak, 2020. "Estimating Total Labor Input for Supporting Informed Economic Policy Decisions," Studies on Russian Economic Development, Springer, vol. 31(6), pages 655-662, November.
    2. A. O. Baranov & A. V. Goreev, 2022. "Analysis of the Multiplier Effects Produced by Investment in a Dynamic Input–Output Model," Studies on Russian Economic Development, Springer, vol. 33(6), pages 687-696, December.
    3. S. V. Chepel, 2023. "Modeling the Environmental Macrostructural and Social Impacts of Reducing Energy Subsidies (by the Example of Uzbekistan)," Studies on Russian Economic Development, Springer, vol. 34(5), pages 713-723, October.
    4. B. N. Porfiriev & A. A. Shirov & O. O. Yanushevich & D. I. Grachev & D. A. Polzikov & I. V. Zolotnitskii & S. D. Arutyunov, 2023. "Development of Subsidized Prosthodontic Care: Socio-Economic Problems and Opportunities," Studies on Russian Economic Development, Springer, vol. 34(1), pages 68-76, February.
    5. E. A. Edinak & A. R. Sayapova & A. A. Shirov, 2022. "Endogenization of Household Consumption in the Expanded Input–Output Model," Studies on Russian Economic Development, Springer, vol. 33(1), pages 1-10, February.
    6. V. A. Malakhov & K. V. Nesytykh, 2022. "Russia’s Long-Term Macroeconomic Losses and Benefits from the Low-Carbon Development of the World and Domestic Energy Industry," Studies on Russian Economic Development, Springer, vol. 33(4), pages 392-401, August.
    7. A. A. Shirov, 2018. "Use of Input–Output Approach for Supporting Decisions in the Field of Economic Policy," Studies on Russian Economic Development, Springer, vol. 29(6), pages 588-597, November.

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