Template-Type: ReDIF-Article 1.0 Author-Name: Sergey Sinelnikov-Murylev Author-Name-First: Sergey Author-Name-Last: Sinelnikov-Murylev Author-Workplace-Name: Russian Foreign Trade Academy Author-Name: Sergey Drobyshevsky Author-Name-First: Sergey Author-Name-Last: Drobyshevsky Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Maria Kazakova Author-Name-First: Maria Author-Name-Last: Kazakova Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Michael Alexeev Author-Name-First: Michael Author-Name-Last: Alexeev Author-Workplace-Name: Indiana University Title: Decomposition of Russia's GDP Growth Rates Abstract: This work proposes a methodology of decomposition of the Russian GDP growth into structural, foreign trade and cyclical components. This approach is based on the decomposition algorithm for macroeconomic indicators used in developed countries, considering also high dependence of the Russian economy on terms of trade (dynamics of world oil prices). The results are of practical value in terms of assessing the effectiveness of economic policy in Russia at various stages of the cycle. Pages: 123 Creation-Date: 2016 Classification-JEL: E32, F43, O11, O47 Keywords: Russian economy, GDP, budget, unemployment, econometric methods File-URL: http://www.iep.ru/files/RePEc/gai/rpaper/126Sinelnikov.pdf File-Format: Application/pdf File-Function: Revised version, 2016 Handle: RePEc:gai:rpaper:126 Language:ru