The results of the estimates obtained using the Gaidar Institute method of decomposing Russia’s GDP growth rates show that in 2015 all of the components of economic growth rates will make them negative. Furthermore, the current economic contractin is mostly of structural nature induced by the...

In this study, we investigated the relationship between foreign trade and economic growth in the developing and developed countries by using extreme bounds analysis approach. For this we used unbalanced panel data of 103 variables of 94 countries (74 developing countries and 20 developed...

The Gaidar Institute has developed a method of decomposing Russia’s GDP growth rates into the structural, foreign trade, and market-based components based on the decomposition algorithm decomposing macroeconomic indicators of developed countries (OECD). The algorithm has been refi ned to take...