Template-Type: ReDIF-Article 1.0
Author-Name: Elena Astafieva
Author-Name-First: Elena  
Author-Name-Last: Astafieva
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title:  ECONOMIC GROWTH FACTORS IN 2010 – THE FIRST HALF OF 2011
Abstract: The results of decomposition of output growth rates demonstrate that in the period of 2012 – the first half year of 2013 the rate of GDP growth was predominantly influenced by the inputs provided by the main production factors. Labor and capital inputs, on the average, determine 80% of the rate of GDP growth; in other words, at present the Russian economy’s growth is achieved in the main due to the effect of extensive factors. At the same time, labor and capital inputs display a declining growth rate.
Classification-JEL: E30, E31, C81, L11
Keywords: Russian Industry
Journal: Russian Economic Developments
Year: 2013
Issue: 9
Month: September
Pages: 60-62
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/206Astafieva.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:206