Economic Growth Accounting in Twenty-Seven Transition Countries, 1990-2003

Rapacki, Ryszard; Próchniak, Mariusz

doi:10.2753/eee0012-8775470205

Cited by 24 publications

(26 citation statements)

References 26 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…As a result of political changes, the transformation of the centrally controlled economy to the capitalist market economy changed the development processes of these countries. Rapacki & Prochniak (2009), Estrin, Hanousek, Kocenda & Svejnar (2009) analyze the transformation processes and changes the transition CEEC economies. It was expected that the foreign investors would bring investments, know-how, new management methods, and new export potential.…”

Section: Introductionmentioning

confidence: 99%

Impact of Foreign Direct Investment on Economic Growth in Central European Countries

Hlaváček¹,

Bal-Domańska

2016

View full text Add to dashboard Cite

The methodology applied in the first part involved comparative analysis of the trends in foreign investment and gross domestic product, and in the other, a growth model based on the Endogenous Growth Model. The analysis implied a great deal of spatial differentiation in the inflow of foreign investment and in economic growth. Estonia, followed by Hungary, the Czech Republic, and Slovakia by margin reports the highest volume of foreign direct investments for production of the gross domestic product and when recalculated to the manpower. Lower influence of the foreign direct investments on the economy was reported for Lithuania, Poland, Latvia, and Slovenia. In the second part, a growth model is compiled, which revealed that statistically significant relations exist between economic growth, FDI and investment growth. Growth of foreign direct investment positively demonstrates itself in increasing the level of the gross domestic product. The influence of foreign direct investment on economic growth of the Central and Eastern European countries was more visible in the period of 2009-2012.

show abstract

Section: Introductionmentioning

confidence: 99%

Impact of Foreign Direct Investment on Economic Growth in Central European Countries

Hlaváček¹,

Bal-Domańska

2016

View full text Add to dashboard Cite

show abstract

“…As it has been shown in the corresponding literature (Tab. T1, (Izyumov and Vahaly 2008;Rapacki and Próchniak 2009)), the growth rate of such net capital stock is negative and almost zero.…”

mentioning

confidence: 96%

“…This is in line with the corresponding literature in Tab. T4(Izyumov and Vahaly 2008;Rapacki and Próchniak 2009; Kuboniwa 2011-(1)).…”

mentioning

confidence: 99%

See 1 more Smart Citation

New Measures of Output, Labour and Capital in Industries of the Russian Economy

Voskoboynikov¹

2012

SSRN Journal

View full text Add to dashboard Cite

Russia is an important part of the world economy both now and in the past. Indeed, one would expect an abundance of studies on Russian economic development. In the past, growth and performance in planned economies vis-à-vis the Western world did attract much attention. These types of studies contributed to two revolutions of development thinking, which are the "big push" approach based on success of Soviet industrialization in 1930-s and the unexpected collapse of the Soviet Union in 1991. However, recent performance of the Russian economy is less considered while much could be learned from studying the post-Soviet economic development. The key obstacle to the research in case of Russia is data availability. Detailed industrial data of labour, capital and output from early 1990-s onwards is not available both in the official statistics and in the literature. The present paper addresses this gap, providing detailed description of the newly developed dataset, which covers 34 industries in NACE 1.0 classification in 1995-2009. The paper also reports results of output growth rates decomposition into contributions of labour, capital and productivity (industrial growth accounting). Using more detailed data and better theoretical foundation it shows that the contribution of capital to economic growth in Russia is much more substantial that it has previously been reported in the literature until recently.

show abstract

“…De Broeck and Koen (), Dolinskaya (), Bessonov (), Rapacki and Próchniak (), Jorgenson and Vu (), and Entov and Lugovoy ().…”

mentioning

confidence: 99%

Is Mining Fuelling Long‐Run Growth in Russia? Industry Productivity Growth Trends Since 1995

Timmer

Voskoboynikov

2014

Review of Income and Wealth

View full text Add to dashboard Cite

GDP per capita growth rates in Russia have been amongst the highest in the world since the mid-1990s. Previous growth accounting research at the macro-level suggests that this was mainly driven by multi-factor productivity (MFP) growth. In this paper we analyze for the first time the drivers of Russian growth at the level of industries. We derive a proper measure of capital services, instead of using stock measures as in previous research. Using this, we find that aggregate GDP growth is driven as much by capital input as MFP growth. Mining and Retailing industries are growing fast, but have poor MFP performance. In contrast, MFP growth was high in goods-producing industries but their share in GDP declined. MFP growth was highest in those industries that were particularly underdeveloped in the Russian economy in the 1990s.JEL Codes: L16, O47, P28

show abstract

Economic Growth Accounting in Twenty-Seven Transition Countries, 1990-2003

Cited by 24 publications

References 26 publications

Impact of Foreign Direct Investment on Economic Growth in Central European Countries

Impact of Foreign Direct Investment on Economic Growth in Central European Countries

New Measures of Output, Labour and Capital in Industries of the Russian Economy

Is Mining Fuelling Long‐Run Growth in Russia? Industry Productivity Growth Trends Since 1995

Contact Info

Product

Resources

About