Evaluation of the Price Setting Effect on Growth of the Russian Economy
Abstract
In this paper, a dynamic intersectoral balance model is used to evaluate the possibility of achieving maximal economic growth rate in Russia. The approach is based on the comparison of the real trajectory and the balanced-growth path with maximal economic growth rate. The main results of simulation experiments based on official statistics are presented.
Keywords:
oil and gas complex, dynamic intersectoral model, balanced-growth trajectory, economic efficiency, dual scores
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Articles of the St Petersburg University Journal of Economic Studies are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.