The Public Sector of the Russian Economy: It's Size and Dynamics
30 Pages Posted: 31 Jul 2018
Date Written: July 11, 2018
Two main channels can be pointed out whereby the state participates in value added chains: through the operation of companies with state stakes, and through the services (in a broader sense of the work) produced by enterprises with state stakes and budget-funded organizations. Consequently, the assessment of the state sector scope inside the national economy consists, as a rule, of two components: an analysis of the relative share of biggest companies with state stakes – state-owned enterprises (SOE) in a country's aggregate economic statistics (the scope of state ownership); and an estimation of the input of the general government sector (GGS) in GDP.
Keywords: Russian economy, public sector, privatization
JEL Classification: K11, H82, L32, L33
Suggested Citation: Suggested Citation