nep-cis New Economics Papers
on Confederation of Independent States
Issue of 2013‒09‒28
eleven papers chosen by
Alexander Harin
Modern University for the Humanities

  1. Russian Production Macrostructure in 2012 By Olga Izryadnova
  2. Where is the Backward Peasant? Regional Crop Yields on Common and Private Land in Russia 1883-1913 By Michael Kopsidis; Katja Bruisch; Daniel W. Bromley
  3. Structural features and interest-rate dynamics of Russia’s interbank lending market By Egorov, Alexey; Kovalenko , Olga
  4. Migration Processes in Russia in 2012 By Lilia Karachurina
  5. Religious Identity, Public Goods and Centralization: Evidence from Russian and Israeli Cities By Benno Torgler; Theocharis Grigoriadis
  6. Russian Industrial Enterprises (on the Basis of the Surveys) in 2012 By Sergey Tsukhlo
  7. Was Stalin Necessary for Russia's Economic Development? By Anton Cheremukhin; Mikhail Golosov; Sergei Guriev; Aleh Tsyvinski
  8. State of Science and Innovation in 2012 By Irina Dezhina
  9. Growth Engine Stutters By Gabor Hunya; Monika Schwarzhappel
  10. The Effect of Labor Migration on the Diffusion of Democracy: Evidence from a Former Soviet Republic By Toman Omar Mahmoud; Hillel Rapoport; Andreas Steinmayr; Christoph Trebesch

  1. By: Olga Izryadnova (Gaidar Institute for Economic Policy)
    Abstract: This paper deals with Russia's production macrostructure in 2012. The author focuses on the post-crisis performance of the Russian economy, main characteristics of GDP utilization and changes in the GDP structure by source of income.
    Keywords: Russian economy, production macrostructure, GDP
    JEL: F34 G24
    Date: 2013
  2. By: Michael Kopsidis (Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO)); Katja Bruisch (German Historical Institute Moscow (DHI Moskau)); Daniel W. Bromley (University of Wisconsin-Madison)
    Abstract: This paper deals with agricultural dynamics in late-Imperial Russia. Based upon a comprehensive micro-level data set on annual yields between 1883 and 1913, we provide insight into regional differences of agricultural growth and the development prospects of Russian agriculture before WWI. Making use of the fact that— unique in Europe— contemporary Russian statistics distinguished between “privately owned” and mostly communally governed “peasant” land, we are able to test the implications of different landtenure systems for agricultural growth. In a broader sense we will challenge the stereotype of the “backward” peasant and the common narrative of Russia as an exception to the pan-European picture of economic development during the era of industrialization.
    Keywords: Russia, land productivity, peasant communal agriculture, land tenure
    JEL: N53 O13 Q15
    Date: 2013–09
  3. By: Egorov, Alexey (BOFIT); Kovalenko , Olga (BOFIT)
    Abstract: Russian banks exhibit a range of behaviors that have led to distinct segmentation within the interbank lending market. This paper provides an overview of the core groups of banks operating in the market (state banks, private banks, and foreign-owned banks), as well as a discussion of their assets and liability structures. The 2007–2010 financial crisis had considerable impact on the Russian financial sector. As conditions deteriorated and recovered in global money markets, Russian banks adjusted their behavior with respect to other domestic banks and foreign banks. We conduct a comparative analysis of the Russian interbank lending market structure in the pre-crisis period and during recovery to reveal the tactical shifts in the various bank groups.
    Keywords: interbank markets; Russia; interest rates
    JEL: C22 E43 E44
    Date: 2013–08–28
  4. By: Lilia Karachurina (Gaidar Institute for Economic Policy)
    Abstract: The State Migration Policy Concept of the Russian Federation through 2025 was adopted in Russia in 2012 after an extended discussion. The Concept is the second one in the Russian modern history. The first one – The Migration Process Regulation Concept of the Russian Federation – was issued in 2003 but failed to be implemented both due to the fact that “the rigor of the laws is commonly mitigated by non-compliance therewith in Russia” and some of the provisions of the above document were rendered a priori impossible and its analytical quality was found to be hit-or-miss.
    Keywords: Russian economy, migration, labor migration, domestic migration
    JEL: J11 J61 J62 F22
    Date: 2013
  5. By: Benno Torgler; Theocharis Grigoriadis
    Abstract: In this paper, we analyze the effects of religious identity - defined both as personal identification with a religious tradition and institutional ideas on the provision of public goods - on attitudes toward central government. We explore whether citizens belonging to collectivist rather than individualist religious denominations are more likely to evaluate their central government positively. Moreover, we explore whether adherence to collectivist norms of economic and political organization leads to a positive evaluation of central government. Surveys were conducted in Russia and Israel as these countries provide a mosaic of three major world religions - Judaism, Eastern Orthodoxy and Sunni Islam. The information gathered also allows us to study whether attitudes towards religious institutions such as the Russian Orthodox Church, the Chief Rabbinate in Jerusalem, the Jerusalem Islamic Waqf, and the Greek-Orthodox Patriarchate of Jerusalem in Israel are able to predict positive attitudes toward centralized forms of governance. We find strong support for the proposition that collectivist norms and an institutional religious identity enhance positive attitudes towards central government.
    Keywords: Religious identity, public goods, collectivism, individualism, local government, centralization, Russia, Israel
    JEL: P16 P17 P21 P35 P51 P52 Z12
    Date: 2013–08–15
  6. By: Sergey Tsukhlo (Gaidar Institute for Economic Policy)
    Abstract: The author studies the performance of Russian industrial enterprise in 2012. He focuses on the issue of the second wave of the crises hitting the Russian industry. The paper also deals with lending issues to the Russian industry in 2012. Problems of labor shortages hitting the Russian industry are investigated as well. Assessment of the government anti-crisis measures are also provided.
    Keywords: Russian industry performance, lending to industry, labor problems, anti-crisis government measures
    JEL: C53 E37 L21 L52
    Date: 2013
  7. By: Anton Cheremukhin; Mikhail Golosov; Sergei Guriev; Aleh Tsyvinski
    Abstract: This paper studies structural transformation of Soviet Russia in 1928-1940 from an agrarian to an industrial economy through the lens of a two-sector neoclassical growth model. We construct a large dataset that covers Soviet Russia during 1928-1940 and Tsarist Russia during 1885-1913. We use a two-sector growth model to compute sectoral TFPs as well as distortions and wedges in the capital, labor and product markets. We find that most wedges substantially increased in 1928-1935 and then fell in 1936-1940 relative to their 1885-1913 levels, while TFP remained generally below pre-WWI trends. Under the neoclassical growth model, projections of these estimated wedges imply that Stalin's economic policies led to welfare loss of -24 percent of consumption in 1928-1940, but a +16 percent welfare gain after 1941. A representative consumer born at the start of Stalin's policies in 1928 experiences a reduction in welfare of -1 percent of consumption, a number that does not take into account additional costs of political repression during this time period. We provide three additional counterfactuals: comparison with Japan, comparison with the New Economic Policy (NEP), and assuming alternative post-1940 growth scenarios.
    JEL: E6 N23 N24 O4 O41
    Date: 2013–09
  8. By: Irina Dezhina (Gaidar Institute for Economic Policy)
    Abstract: The past year was marked by the alteration of former trends and priorities following the change of the President and the Government. State policies for supporting science came to the fore while the encouragement of innovative activities and technological development lost in the frequency of its mentioning in the official documents. The switching of priorities was also reflected in the way consultative bodies were restructured.
    Keywords: Russian economy, science, innovations, education institutions
    JEL: O31 O32 O38 I21 I22 I23 I24
    Date: 2013
  9. By: Gabor Hunya (The Vienna Institute for International Economic Studies, wiiw); Monika Schwarzhappel (The Vienna Institute for International Economic Studies, wiiw)
    Abstract: Content The first part of the publication contains an analysis of the latest FDI trends. The analysis highlights the modest recovery of FDI in 2012. The second part of the publication contains two sets of tables Tables I total flow and stock data, FDI flow by components and FDI income, FDI per capita and other FDI reference parameter (2004-2012) Tables II detailed FDI data by economic activity and by country (last four years) The main sources of data are the central banks of the individual Central, East and Southeast European countries. General Description General Description (PDF) Abstract The first part of this report provides an analysis of the 2012 FDI trends in 22 CESEE countries, pointing to a modest recovery. The strongest growth in inflows in 2012 was observed in the NMS (+35%) following a year with extremely low inflows. But the exceptionally high FDI inflow in the Czech Republic and Hungary was mainly the result of capital in transit and financial flows not resulting in fixed investments. The decline in the SEE countries was 22% following a relatively successful year and caused by a one-time capital withdrawal from Serbia. Inflows to the CIS remained flat (+1%) and were strongly biased upwards by round-tripping Russian capital. FDI inflows declined in twelve CESEE countries, in line with the generally depressed business sentiment and unimpressive economic growth. The latter is even more reflected in the low number of greenfield investment projects and in their small size. Forecasts for economic growth in 2013 and first quarter trends in FDI flows and greenfield projects suggest a serious setback of FDI in most CESEE countries, with the possible exceptions of Poland, Slovenia and Kazakhstan. As another main cause, it is expected that Russian companies will be more reluctant and also restricted to use Cyprus as a stepping stone for investments at home thus both the outflow and inflow of Russian FDI is expected to diminish. The second part of this report contains two sets of tables Tables I cover FDI flow and stock data, FDI flows by components and related income; Tables II provide detailed FDI data by economic activity and country. The main sources of data are the central banks of the individual Central, East and Southeast European countries. The wiiw FDI Report is the new title of the former publication ‘wiiw Database on Foreign Direct Investment in Central, East and Southeast Europe’. The printed report and the analysis therein is based upon the wiiw FDI Database which will be available online from July 2013. Examples Table of contents (PDF) � NEW SERVICE The wiiw FDI Database is available online from July 2013 This new online access with a modern query tool supports easy search and download of data. The wiiw FDI Database contains the full set of FDI data with time series starting form 1990 as far as available. Access to wiiw FDI Database �
    Keywords: foreign direct investment, balance of payments, income repatriation, statistics, new EU Member States, Southeast Europe, CIS
    JEL: C82 F21 O57 P23
    Date: 2013–06
  10. By: Toman Omar Mahmoud; Hillel Rapoport; Andreas Steinmayr; Christoph Trebesch
    Abstract: Migration contributes to the circulation of goods, knowledge, and ideas. Using community and individual-level data from Moldova, we show that the Emigration episode that started in the late 1990s strongly affected political preferences and electoral outcomes in Moldova during the following decade and was eventually instrumental in bringing down the last ruling Communist government in Europe. Our results are suggestive of information transmission and cultural diffusion channels. Identification relies on the quasi-experimental context studied and on the differential effects arising from the fact that emigration was directed both to more democratic Western Europe and to less democratic Russia
    Keywords: Emigration, political institutions, elections, social networks, Information transmission, cultural diffusion
    JEL: F22 D72 O1
    Date: 2013–08
  11. By: Drobot, Elena; Shlepova, Kristina; Lisyanskay, Victoria; Prohorenko, Valeria; Eugene, Legatov
    Abstract: The research work contains analisys of migration processes in Leningrad region and Vyborg. It also contains results of sociological head count of local population attitude towards migrants.
    Keywords: Миграция, толерантность, Концепция государственной миграционной политики
    JEL: J61 J68 J71 J78
    Date: 2013–09–09

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