Determinants of Economic Growth: Empirical Evidence from Russian Regions
A modification of Barro and Sala-i-Martin empirical framework of growth model is specified to examine determinants of per capita growth in 74 Russian regions during period of 1996-2005. We utilize both panel and cross-sectional data. Results imply that in general regional growth in 1996-2005 is expl...
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| Format: | Article |
| Language: | English |
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Università Carlo Cattaneo LIUC
2008-06-01
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| Series: | The European Journal of Comparative Economics |
| Subjects: | |
| Online Access: | http://eaces.liuc.it/18242979200801/182429792008050105.pdf |
| _version_ | 1819263274376495104 |
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| author | Svetlana Ledyaeva Mikael Linden |
| author_facet | Svetlana Ledyaeva Mikael Linden |
| author_sort | Svetlana Ledyaeva |
| collection | DOAJ |
| description | A modification of Barro and Sala-i-Martin empirical framework of growth model is specified to examine determinants of per capita growth in 74 Russian regions during period of 1996-2005. We utilize both panel and cross-sectional data. Results imply that in general regional growth in 1996-2005 is explained by the initial level of region's economic development, the 1998 financial crisis, domestic investments, and exports. Growth convergence between poor and rich regions in Russia was not found for the period studied. |
| first_indexed | 2024-12-23T20:10:59Z |
| format | Article |
| id | doaj.art-1164e5c88e4746c5a648ca337cf39357 |
| institution | Directory Open Access Journal |
| issn | 1824-2979 |
| language | English |
| last_indexed | 2024-12-23T20:10:59Z |
| publishDate | 2008-06-01 |
| publisher | Università Carlo Cattaneo LIUC |
| record_format | Article |
| series | The European Journal of Comparative Economics |
| spelling | doaj.art-1164e5c88e4746c5a648ca337cf393572022-12-21T17:32:47ZengUniversità Carlo Cattaneo LIUCThe European Journal of Comparative Economics1824-29792008-06-015187105Determinants of Economic Growth: Empirical Evidence from Russian RegionsSvetlana LedyaevaMikael LindenA modification of Barro and Sala-i-Martin empirical framework of growth model is specified to examine determinants of per capita growth in 74 Russian regions during period of 1996-2005. We utilize both panel and cross-sectional data. Results imply that in general regional growth in 1996-2005 is explained by the initial level of region's economic development, the 1998 financial crisis, domestic investments, and exports. Growth convergence between poor and rich regions in Russia was not found for the period studied.http://eaces.liuc.it/18242979200801/182429792008050105.pdfRussian regionseconomic growth |
| spellingShingle | Svetlana Ledyaeva Mikael Linden Determinants of Economic Growth: Empirical Evidence from Russian Regions The European Journal of Comparative Economics Russian regions economic growth |
| title | Determinants of Economic Growth: Empirical Evidence from Russian Regions |
| title_full | Determinants of Economic Growth: Empirical Evidence from Russian Regions |
| title_fullStr | Determinants of Economic Growth: Empirical Evidence from Russian Regions |
| title_full_unstemmed | Determinants of Economic Growth: Empirical Evidence from Russian Regions |
| title_short | Determinants of Economic Growth: Empirical Evidence from Russian Regions |
| title_sort | determinants of economic growth empirical evidence from russian regions |
| topic | Russian regions economic growth |
| url | http://eaces.liuc.it/18242979200801/182429792008050105.pdf |
| work_keys_str_mv | AT svetlanaledyaeva determinantsofeconomicgrowthempiricalevidencefromrussianregions AT mikaellinden determinantsofeconomicgrowthempiricalevidencefromrussianregions |