Productivity Growth, Environmental Regulations and the Composition of R & D

This study considers the influence of structural change on aggregate labour productivity growth of the Russian economy. The term "structural change" refers to labour reallocation both between industries and between formal and informal segments within an industry. Using Russia KLEMS and official Rosstat data we decompose aggregate labour productivity growth into intra-industry (within) and between industry effects with four alternative methods of the shift-share analysis. All methods provide consistent results and demonstrate that total labour reallocation has been growth enhancing though the informality expansion has had a negative effect. As our study suggests, it is caused by growing variation in productivity levels across industries.

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Opportunities for accelerating labor productivity growth: The role of small and medium enterprises

Voprosy Ekonomiki ◽

10.32609/0042-8736-2020-3-98-114 ◽

2020 ◽

pp. 98-114

Author(s):

Evguenia V. Bessonova ◽

Alexander G. Morozov ◽

Natalia A. Turdyeva ◽

Anna N. Tsvetkova

Keyword(s):

Labor Productivity ◽

Productivity Growth ◽

Small And Medium Enterprises ◽

Growth Potential ◽

Business Climate ◽

Labor Productivity Growth ◽

Positive Effects ◽

Low Efficiency ◽

Medium Enterprises ◽

Medium Firms

The paper considers necessary conditions for acceleration of labor productivity growth in Russia. Based on micro data, as well as aggregate data, the paper quantifies the contribution of small and medium firms to labor productivity growth. It shows that mere increase of the number of small and medium enterprises is not as important for positive effects of these programs, as qualitative improvements: development of favorable environment for growth, which is largely determined by business climate. Accelerating productivity growth involves redistribution of labor and capital from inefficient to efficient enterprises. In particular, it is necessary to create conditions, which allow a firm to grow after it enters the market instead of stagnating as a small firm with low efficiency. At the same time, it is necessary for ineffective firms, which exhausted their growth potential, to have an opportunity to exit the market easily leaving resources including labor to fast-growing companies.

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Forming Sources of Long-run Growth: How to Understand Them?

Voprosy Ekonomiki ◽

10.32609/0042-8736-2014-3-4-20 ◽

2014 ◽

pp. 4-20 ◽

Cited By ~ 10

Author(s):

G. Idrisov ◽

S. Sinelnikov-Murylev

Keyword(s):

Economic Growth ◽

Growth Rate ◽

Economic Policy ◽

Business Cycle ◽

Capital Markets ◽

Productivity Growth ◽

Government Spending ◽

Long Run ◽

Accelerate Growth ◽

Budget Institutions

The paper analyzes the inconsequence and problems of Russian economic policy to accelerate economic growth. The authors consider three components of growth rate (potential, Russian business cycle and world business cycle components) and conclude that in order to pursue an effective economic policy to accelerate growth, it has to be addressed to the potential (long-run) growth component. The main ingredients of this policy are government spending restructuring and budget institutions reform, labor and capital markets reforms, productivity growth.

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