Compared with other transition countries Russia faces the burden of extreme cold. This is not, however, strictly a function of geography. Soviet location policy directly affected the average (population weighted) temperature of the Russian economy. Soviet policy moved industry and population...

This study shows that despite the shortness of time-series and significant structural change the economies of three transition countries Russia, Armenia, and the Czech Republic have started to demonstrate regularities that can be used in some types of econometric forecasting. The high-frequency...