Growth Factors of Industrial-Sector Value Added in 2015

Russian Economic Developments. 2016, Moscow, IEP Publishers, No 3, pp. 54-57

4 Pages Posted: 2 Apr 2016

See all articles by Ekaterina Astafieva

Ekaterina Astafieva

Russian Presidential Academy of National Economy and Public Administration; Gaidar Institute for Economic Policy

Date Written: April 1, 2016

Abstract

The results of decomposition of output growth suggest that in 2015 the main factor inputs increased while the gross value added (GVA) of industrial production dropped. Capital inputs play a dominant part in the structure of main factor inputs in industry. According to preliminary estimates, the total factor productivity (TFP) of the main industrial types of economic activity declined at faster rates than in the prior period.

Keywords: Russian economy, economic growth, industry

JEL Classification: F34, G18, G28, O11

Suggested Citation

Astafieva, Ekaterina, Growth Factors of Industrial-Sector Value Added in 2015 (April 1, 2016). Russian Economic Developments. 2016, Moscow, IEP Publishers, No 3, pp. 54-57, Available at SSRN: https://ssrn.com/abstract=2757577 or http://dx.doi.org/10.2139/ssrn.2757577

Ekaterina Astafieva (Contact Author)

Russian Presidential Academy of National Economy and Public Administration ( email )

Vernadsky Avenue 82
Moscow, 119571
Russia

Gaidar Institute for Economic Policy ( email )

Gazetny pereulok, 3-5
Moscow, 125993
Russia

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