ESTIMATION OF INFLUENCE OF NON-MONETARY FACTORS ON INFLATION IN THE RUSSIAN ECONOMY IN 2003-2013
The paper is concerned with issues of influence of non-monetary factors on inflation in the Russian economy in 2003-2013. Based on a production approach a method of estimation of the influence of non-monetary factors on deflator of gross output is proposed. According to the results of estimations, c...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | Russian |
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Novosibirsk State University Press
2015-12-01
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| Series: | Vestnik Novosibirskogo Gosudarstvennogo Universiteta. Seriâ: Socialʹno-Èkonomičeskie Nauki |
| Subjects: | |
| Online Access: | https://nsu.ru/ef/vestnik_ngu_ef/2015_4_3 |
| _version_ | 1811320175767584768 |
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| author | Gilmundinov V. M. Melnikov V. V. Petrov S. P. Shmakov A. V. |
| author_facet | Gilmundinov V. M. Melnikov V. V. Petrov S. P. Shmakov A. V. |
| author_sort | Gilmundinov V. M. |
| collection | DOAJ |
| description | The paper is concerned with issues of influence of non-monetary factors on inflation in the Russian economy in 2003-2013. Based on a production approach a method of estimation of the influence of non-monetary factors on deflator of gross output is proposed. According to the results of estimations, cost inflation dominates in Russia in the considered period. This conclusion is proven by considerable contribution of intermediate consumption and wages with sharp reducing contribution of gross profit in dynamic of basic prices. Obtained results reveal inefficiency of traditional monetary restriction for suppression of inflation in the Russian economy. The advisability of stimulating monetary policy harmonized with tariff regulation also follows from this study. |
| first_indexed | 2024-04-13T12:55:35Z |
| format | Article |
| id | doaj.art-2b3f3f0d8f90452aaf161f99f9e7e561 |
| institution | Directory Open Access Journal |
| issn | 1818-7862 1818-7862 |
| language | Russian |
| last_indexed | 2024-04-13T12:55:35Z |
| publishDate | 2015-12-01 |
| publisher | Novosibirsk State University Press |
| record_format | Article |
| series | Vestnik Novosibirskogo Gosudarstvennogo Universiteta. Seriâ: Socialʹno-Èkonomičeskie Nauki |
| spelling | doaj.art-2b3f3f0d8f90452aaf161f99f9e7e5612022-12-22T02:46:05ZrusNovosibirsk State University PressVestnik Novosibirskogo Gosudarstvennogo Universiteta. Seriâ: Socialʹno-Èkonomičeskie Nauki1818-78621818-78622015-12-0115 (4)284010.25205/1818-7862-2015-15-4-28-40ESTIMATION OF INFLUENCE OF NON-MONETARY FACTORS ON INFLATION IN THE RUSSIAN ECONOMY IN 2003-2013Gilmundinov V. M.0Melnikov V. V.1Petrov S. P.2Shmakov A. V.3Novosibirsk State University; Novosibirsk State Technical University; Institute of Economics and Industrial Engineering of SB RASNovosibirsk State Technical UniversityNovosibirsk State Technical UniversityNovosibirsk State University; Novosibirsk State Technical UniversityThe paper is concerned with issues of influence of non-monetary factors on inflation in the Russian economy in 2003-2013. Based on a production approach a method of estimation of the influence of non-monetary factors on deflator of gross output is proposed. According to the results of estimations, cost inflation dominates in Russia in the considered period. This conclusion is proven by considerable contribution of intermediate consumption and wages with sharp reducing contribution of gross profit in dynamic of basic prices. Obtained results reveal inefficiency of traditional monetary restriction for suppression of inflation in the Russian economy. The advisability of stimulating monetary policy harmonized with tariff regulation also follows from this study.https://nsu.ru/ef/vestnik_ngu_ef/2015_4_3антиинфляционная политикаинфляцияинфляция издержекнемонетарные факторыРоссияanti-inflation policyinflationcost inflationnon-monetary factorsRussia |
| spellingShingle | Gilmundinov V. M. Melnikov V. V. Petrov S. P. Shmakov A. V. ESTIMATION OF INFLUENCE OF NON-MONETARY FACTORS ON INFLATION IN THE RUSSIAN ECONOMY IN 2003-2013 Vestnik Novosibirskogo Gosudarstvennogo Universiteta. Seriâ: Socialʹno-Èkonomičeskie Nauki антиинфляционная политика инфляция инфляция издержек немонетарные факторы Россия anti-inflation policy inflation cost inflation non-monetary factors Russia |
| title | ESTIMATION OF INFLUENCE OF NON-MONETARY FACTORS ON INFLATION IN THE RUSSIAN ECONOMY IN 2003-2013 |
| title_full | ESTIMATION OF INFLUENCE OF NON-MONETARY FACTORS ON INFLATION IN THE RUSSIAN ECONOMY IN 2003-2013 |
| title_fullStr | ESTIMATION OF INFLUENCE OF NON-MONETARY FACTORS ON INFLATION IN THE RUSSIAN ECONOMY IN 2003-2013 |
| title_full_unstemmed | ESTIMATION OF INFLUENCE OF NON-MONETARY FACTORS ON INFLATION IN THE RUSSIAN ECONOMY IN 2003-2013 |
| title_short | ESTIMATION OF INFLUENCE OF NON-MONETARY FACTORS ON INFLATION IN THE RUSSIAN ECONOMY IN 2003-2013 |
| title_sort | estimation of influence of non monetary factors on inflation in the russian economy in 2003 2013 |
| topic | антиинфляционная политика инфляция инфляция издержек немонетарные факторы Россия anti-inflation policy inflation cost inflation non-monetary factors Russia |
| url | https://nsu.ru/ef/vestnik_ngu_ef/2015_4_3 |
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