{"title":"2018-2019年俄罗斯经济增长率分解","authors":"S. Drobyshevsky, P. Pavlov","doi":"10.2139/ssrn.3348339","DOIUrl":null,"url":null,"abstract":"We have performed a decomposition of Russia’s GDP growth rates to assess the current state of the Russian economy. Basic production factors (labour, capital, total factor productivity) in 2018 contributed to the growth around 1.6 p.p. Global crude oil prices posted a negative contribution of around -0.5 .p., while the business cycle and random shocks components altogether contributed around 1.2 .p. End-of year growth for 2019 might stay at 1.7–2.0%, barring negative shocks.","PeriodicalId":291048,"journal":{"name":"ERN: Business Fluctuations; Cycles (Topic)","volume":"19 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2019-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Decomposition of Russia’s Economic Growth Rates 2018-2019\",\"authors\":\"S. Drobyshevsky, P. Pavlov\",\"doi\":\"10.2139/ssrn.3348339\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"We have performed a decomposition of Russia’s GDP growth rates to assess the current state of the Russian economy. Basic production factors (labour, capital, total factor productivity) in 2018 contributed to the growth around 1.6 p.p. Global crude oil prices posted a negative contribution of around -0.5 .p., while the business cycle and random shocks components altogether contributed around 1.2 .p. End-of year growth for 2019 might stay at 1.7–2.0%, barring negative shocks.\",\"PeriodicalId\":291048,\"journal\":{\"name\":\"ERN: Business Fluctuations; Cycles (Topic)\",\"volume\":\"19 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2019-03-07\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"ERN: Business Fluctuations; Cycles (Topic)\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.3348339\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"ERN: Business Fluctuations; Cycles (Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3348339","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Decomposition of Russia’s Economic Growth Rates 2018-2019
We have performed a decomposition of Russia’s GDP growth rates to assess the current state of the Russian economy. Basic production factors (labour, capital, total factor productivity) in 2018 contributed to the growth around 1.6 p.p. Global crude oil prices posted a negative contribution of around -0.5 .p., while the business cycle and random shocks components altogether contributed around 1.2 .p. End-of year growth for 2019 might stay at 1.7–2.0%, barring negative shocks.