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...

This paper examines the role of market coordination and market distortions caused by a hypothetical FMD outbreak in the Finnish pig sector. By using stochastic dynamic programming, it simulates the consequences of two outbreak scenarios (large vs. small) under two distinct market regimes...

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...