Timmer, Marcel P.; Voskoboynikov, Ilya B. - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2013
GDP per capita growth rates in Russia have been among the highest in the world since the mid-1990s. Previous growth accounting research suggests that this was mainly driven by multi-factor productivity (MFP) growth. In this paper we analyse for the first time the drivers of Russian growth for...