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:  FACTORS OF CHANGE IN THE VALUE ADDED OF THE INDEUSTRIAL SECTOR IN 2013
Abstract: The results of decomposition of growth in the output index point to the fact that in 2013 growth in the gross value added (GVA) of industry was achieved by means of accumulation of extensive factors. According to the preliminary estimates, the growth rates of the aggregate factor productivity (AFP) of industry turned out to be negative. In 2013, in the pattern of costs of the main factors of the industrial sector capital inputs had a dominant role to play; changes in labor costs in manufacturing are characterized by growth in labor volumes (the number of the employed) and reduction of the rate of utilization thereof (hours worked).
Classification-JEL: E30, E31, C81, L11
Keywords: Russian Industry
Journal: Russian Economic Developments
Year: 2014
Issue: 3
Month: February
Pages: 42-44
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/276Astafieva.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:276