nep-cis New Economics Papers
on Confederation of Independent States
Issue of 2016‒06‒18
27 papers chosen by

  1. Interaction between Business and Research Organizations in the Sphere of Innovations: The Russian Experience in Promoting Cooperation By Simachev, Yuri; Kuzyk, Mikhail; Feygina, Vera
  2. A Contextual Model Of The Secessionist Rebellion in Eastern Ukraine By Olga Nicoara; David White
  3. Scientific and Practical Bases of Evaluating the Effectiveness of the Implementation of Structural Reforms in the Health System of Russian Federation in the Light of Regional Independent Public Ratings of Quality of Social Services (Health Care) By Gabueva, Larisa
  4. Analysis of the Efficiency of Natural Monopolies in Russia By Idrisov, Georgy; Ponomareva, Ekaterina
  5. Overcoming the Discrete Nature of Innovation Financing in the Early Stages of Russia By Barinova, Vera; Eremkin, Vladimir; Lanshina, Tatiana
  6. Values and Attitudes Towards Corruption: À Cross-Cultural Study in Four European Countries By Alexander Tatarko; Anna Mironova
  7. Competitive and Innovative Growth of Russia By Faltsman V.K.; Davydova L.A.
  8. The Impact of Higher Interest Rates on Loans to the Economic Growth of the Russian Federation in the Current Environment By Bozhechkova, A.V.; Sinelnikova-Muryleva, Elena Vladimirovna
  9. Анализ динамики воспроизводства экономики сельского хозяйства регионов России By Skachkova, Svetlana; Demichev, Vadim
  10. Динамика и структура производства продукции сельского хозяйства в России в ходе реализации государственных программ By Zinchenko, Aleksey
  11. Efficiency of cattle in Russia in the context of implementation of state programs By Zinchenko, Aleksey
  12. Trade Policy of South-East Asia By Volovik, Nadezhda
  13. Modeling the Effects of Economic Policy and Changes in the Behavior of Economic Agents By Bozhechkova, Alexandra Viktorovna; Vashelyuk, Natalia.; Nazarov, P.A.; Perevyshin, Yuri; Tumanova, Elena Alexandrovna; Shagas, Natalia
  14. Social Ties of University Students: Evidence from a Longitudinal Survey in Russia By Ekaterina V. Krekhovets; Liudmila A. Leonova
  15. Problems of Organizational and Economic Reforms of Russian Education By Klyachko, Tatiana; Krasnova, Gulnara; Polushkina, Elena
  16. Determination of the Output Gap for the Russian Economy By Vashchelyuk, N.V.; Zubarev, Andrey; Trunin, Pavel
  17. Modelling of Inflationary Processes in Russia By Egorov D.A.; Perevyshina E.A.
  18. Towards an agroholding typology: differentiating large farm companies in Russia and Ukraine By Brian, Kuns; Visser, Oane
  19. Developing a Set of Organizational and Economic Measures of Construction Personnel Policy in the Health Ministry of Russian Federation in a Phased Transition of Industry Workers to 'Effective Contracts' By Gabueva, L.A.
  20. Slump despite Global Upturn By Gabor Hunya; Monika Schwarzhappel
  21. European energy security Challenges and green opportunities By Almas Heshmati; Shahrouz Abolhosseini
  22. Inequality and Economic Growth: An Empirical Evaluation of Foreign Countries and Russia By Kazakova, M.V.; Kiblitskaya, T.R.; Lyubimov, I.L.; Nesterova, K.V.
  23. Grounds for Development Prospects of Onerous Health Services Cluster By Gabueva, Larisa; Pavlova, Natalia
  24. Modeling of State Influence on the Processes of Economic Growth By Shagas, Natalia; Bojechkova, A.V.; Pervishin, Y.N.; Perevyshina, E.A.
  25. The Impact of Resource Wealth on Economic Growth: A Review of Foreign Experience and Estimates for Russia By Lubimov, I.L.
  26. Some Twins Are Not Alike: FDI Premia in the Former Soviet States By Valeria, Gattai; Rajssa, Mechelli; Piergiovanna, Natale;
  27. The Econometric Analysis in Right Economy: Research of Institutional Barriers During Right Realization on the Example of Lands Distribution Processes in Moscow Region. Patterns in Neighboring Areas By Daria Loginova

  1. By: Simachev, Yuri (Russian Presidential Academy of National Economy and Public Administration (RANEPA), Russian Science Foundation); Kuzyk, Mikhail (Russian Presidential Academy of National Economy and Public Administration (RANEPA), Interdepartmental Analytical Center); Feygina, Vera (Interdepartmental Analytical Center)
    Abstract: Objective: microeconomic analysis of the current state and problems of scientific and industrial cooperation, key factors and obstacles to the development of cooperation between Russian research organizations with business, as well as the mechanisms of state support for scientific and industrial cooperation and the results of their application.
    Keywords: microeconomic analysis, science, technology, high-tech sector, Russia
    Date: 2015–03–04
  2. By: Olga Nicoara; David White
    Abstract: This paper explores the possible contextual factors that drove some individuals to lead, and others to join the pro-secessionist rebellion in the 2013-2014 conflict in Eastern Ukraine. We expand on the existing rational choice literature on revolutionary participation and rebellious movements by building a contextual choice model accounting for both cost-benefit and behavioral considerations taken by Pro-Russian militants and rebels in the region of Donbass. Our model generates predictions about the characteristics of the socio-political-cultural context that are most likely to ignite and sustain hierarchical rebel movements similar to those in Ukraine.
    Date: 2016–06
  3. By: Gabueva, Larisa (Russian Presidential Academy of National Economy and Public Administration (RANEPA))
    Abstract: In order to implement the Presidential Decree "On measures for the implementation of the state social policy" on May 7, 2012 ¹ 597 (subparagraph "k" of paragraph 1) and the List of orders of the President of the Russian Federation to implement the President's Address to the Federal Assembly of the Russian Federation of 12 December 2012 (from 22 December 2012 ¹ Pr-3410, paragraph 5) Russian Ministry of Labor, together with interested federal executive bodies with the participation of non-governmental organizations developed mechanisms for the formation of an independent system for evaluating the performance of organizations providing social services. The basis of an independent assessment is public opinion, which is based on the synthesis and analysis of the views of citizens who have received services, assessments of public organizations, professional associations and experts. Under these conditions, structural reforms initiated the types and volumes of health care, aim to improve health and economic benefits of all actors in the management of the industry, requires scientific and methodological basis in terms of additional accounting service quality indicators.
    Keywords: structural transformation, assessment of medical service
    Date: 2015–03–24
  4. By: Idrisov, Georgy (Gaidar Institute for Economic Policy); Ponomareva, Ekaterina (Russian Presidential Academy of National Economy and Public Administration (RANEPA), Gaidar Institute for Economic Policy, Russian Foreign Trade Academy)
    Abstract: Main purposes of this paper were evaluation of natural monopolies (NMs) activity in Russian Federation, definition of its basic inefficiency sources, construction of quantitative model of natural monopolies’ tariffs influence on such macroeconomic parameters like output, aggregate price level and on prices of different industries and testing the hypothesis on negative influence of NMs’ tariffs on output and its positive influence on different price levels. To achieve this purposes the following tasks were fulfilled specified natural monopolies inefficiency sources, analyzed empirical approaches to quantify their impact on the economy; systematized theoretical and empirical approaches on regulation of natural monopolies sectors, analyzed consequences of deregulation policy on social welfare changes; analyzed theoretical and empirical studies on quantitative estimation of influence of NMs’ prices regulation on economics, defined and constructed own model of influence of NMs’ prices regulation on macroeconomic parameters (output, aggregate price level) and parameters of different sectors; realized quantitative analysis of influence of NMs’ on competitive ability of different sectors of economy; main conclusions and recommendations on policy on natural monopolies sectors were provided. As initial data for estimation authors used The Central Bank of the Russian Federation, Russian Federal State Statistics Service and Federal Customs Service data, as well as scientific, analytical and statistical papers in Russian and foreign sources, including international organizations reports.
    Keywords: natural monopolies, Russia, inefficiency sources, tariffs
    Date: 2016–04–20
  5. By: Barinova, Vera (Russian Presidential Academy of National Economy and Public Administration (RANEPA), Gaidar Institute for Economic Policy); Eremkin, Vladimir (Russian Presidential Academy of National Economy and Public Administration (RANEPA), Gaidar Institute for Economic Policy); Lanshina, Tatiana (National Research University Higher School of Economics)
    Abstract: The paper deals with the discontinuous process of establishment of an innovative company and aims to study the funding of innovative activities at the early stages in Russia to create opportunities for attracting funds at every stage of the evolution of ideas and companies. The authors study the process of a company establishment and picture its main theoretical and practical characteristics. The authors analyze international experience and Russian realities in the sphere of funds available for innovative projects at the early stages of development. The major result of this research are suggestions for introducing new elements and new mechanisms to decrease the possibility of development of the early stages funding gaps in innovative activities.
    Keywords: innovative company, funding, startup, Russia, venture
    Date: 2015–04–02
  6. By: Alexander Tatarko (National Research University Higher School of Economics); Anna Mironova (National Research University Higher School of Economics)
    Abstract: This article analyses the association between personal values and the acceptability of corruption in Russia, France, Germany, and Latvia. Several studies show that cultural values can be related to the level of corruption in the countries at the societal level. We look at the following two questions: (1) Can universal personal values influence the acceptability of corruption for an individual? (2) Is such an influence the same in different countries? A specialized methodology for assessing the acceptability of corruption for an individual was developed and validated. Individual values were assessed using the methodology developed by Schwartz. The studies were conducted in Russia (N=269), France (N=108), Germany (N=101) and Latvia (N=178). The results show that individual values have more inverse correlations with the acceptance of corruption than direct ones. In other words, values play an important role in limiting corrupt behaviour, but not in stimulating it. We discuss the correlations between personal values and the acceptability of corruption and analyse the psychology of these relationships
    Keywords: the acceptability of corruption, individual values
    JEL: Z
    Date: 2016
  7. By: Faltsman V.K. (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Davydova L.A. (Russian Presidential Academy of National Economy and Public Administration (RANEPA))
    Abstract: This work present an analysis of the the socio-economic opportunities, advantages and disadvantages of different ways of innovative development of car industry, shipbuilding industry, aviation industry, defense industry, nuclear power and oil industry, based on the statistical analysis of the competitiveness of different types of Russian products on the domestic and international markets, including the markets of the CIS and EurAsEC. As a possible complementary factor for future economic growth is considered the development of the agricultural sector.
    Keywords: industrial development, competitiveness, growth, agriculture
    Date: 2015–04–07
  8. By: Bozhechkova, A.V. (Gaidar Institute for Economic Policy, Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Sinelnikova-Muryleva, Elena Vladimirovna (Russian Presidential Academy of National Economy and Public Administration (RANEPA))
    Abstract: This working paper is devoted to the study of the mechanisms and impact of interest rates on economic growth. The main theoretical approaches tî the explanation of the nominal and real interest rates influence on output and its components dynamics, including investment and consumption channels, are described in the first part of the paper. The second part provides an overview of empirical studies devoted to the analysis of interest rate impact on economic growth. The major econometric methods that are used in this field of studies are also discussed in the second part of this paper. The third part contains the analysis of country case studies (Brazil, Turkey, Chile, India) that explain key reasons of coexistence of high interest rates and high economic growth rates and the analysis of economies functioning in the situation of low or even negative interest rates. The fourth part of the paper is devoted to the estimation of the interest rate channel of the Bank of Russia monetary policy transmission mechanism and the result of the partial effectiveness of interest rate policy in the post-crisis period is obtained.
    Keywords: interest rates, econonomic growth, loans
    Date: 2016–03–21
  9. By: Skachkova, Svetlana; Demichev, Vadim
    Abstract: The article deals with the dynamics of resources, factors and efficiency of agriculture for the period from 1991 to 2014, with the release of the individual sub-periods, taking into account the period of implementation of government programs. There have been analyzed the dynamics of resource reproduction and conditions of reproduction by groups of Russian regions. The question of price disparities in agriculture, commodity production and the dynamics of the structure by types of farms has been considered. There are some approaches to the analysis of the dynamics of reproduction of Agriculture of the Russian economy, including in the regional context in the article. According to the analysis it’s noted that there are positive trends in the economy of Agriculture of Russia. Extended reproduction occurs in several areas of production, and in some regions of the resource potential of agriculture has been increased considerably. Positive trends have continued in recent years, during the inter-state sanctions and conditions of import substitution. In comparison with other types of economic activity agriculture has stable growth. However, the accumulated negative trends of the past have not overcome. In most regions continue to shrink the crop area, the number of cattle. It is shows the great need of more detailed analysis of the efficiency of production, gross and net value added, wages, incomes of workers, profitability of production by region and by type of producers. In the methodical plan it was noted the need to pay particular attention to the results of the upcoming Russian Agricultural Census 2016, which will allow to trace the changes in the Russian agriculture in the last ten years since the 2006 All-Russia agricultural census.
    Keywords: сельское хозяйство, воспроизводство экономики, диспаритет цен, товарность, ресурсы производства, эффективность, группы регионов
    JEL: O4 Q1
    Date: 2016–05–10
  10. By: Zinchenko, Aleksey
    Abstract: The article reviews time series and structure of gross agricultural output during implementation of state programs since 2006, contribution of selected types of enterprises into it, variation in the contribution by region and individual factors that is estimated using decomposition method for composite additive, multiplicative indicators and ratios. The author's conclusions are drawn based on the analysis of a large array of statistical information presented in spreadsheet format «Time series and structure of gross agricultural output in the Russian Federation in 2006-2013», «Regions of the Russian Federation by the growth rate of agricultural production in 2006-2012», «Contribution of types of enterprises into the variance in gross agricultural output growth of the Russian Federation in 2006-2012, percent of total», «Time series of feed consumption and milk yield in all enterprises of all types in the Russian Federation».
    Keywords: Продукция сельского хозяйства, динамика производства, категории хозяйств, структура, разложение составных показателей.
    JEL: C1 Q1
    Date: 2014–09
  11. By: Zinchenko, Aleksey
    Abstract: The article is devoted to statistical analysis of efficiency of dairy cattle breeding of the Russian Federation in view of production at enterprises conjugate products - milk and livestock production, as well as beef cattle, during the implementation of the sovereign-governmental programs for the development of agriculture and regulation of agricultural products, raw materials and food.
    Keywords: cattle, the state program, the efficiency of production of milk and meat products as a conjugate, animal productivity, costs and prices, the intensity of production.
    JEL: C18 Q1
    Date: 2015–01
  12. By: Volovik, Nadezhda (Russian Presidential Academy of National Economy and Public Administration (RANEPA), Gaidar Institute for Economic Policy)
    Abstract: For Russia, the development of relations with the Association of Southeast Asian Nations (ASEAN) has a special political and economic importance. They are designed to help create favorable conditions for the security of Russia and its most important communications, and for the modernization of the whole region of Eastern Siberia and the Far East. One of the issues of further development of relations of the Russian Federation with the ASEAN countries is that in the business of Russia and the Association of the communities do not have sufficient information about each other, thus allowing the participants of foreign economic activity of relevant information in order to promote Russian exports and investment projects. This paper presents an overview of the foreign trade and trade policy in South-East Asia.
    Keywords: ASEAN, Russia, Eastern Siberia, Far East, trade policy
    Date: 2016–04–14
  13. By: Bozhechkova, Alexandra Viktorovna (Russian Presidential Academy of National Economy and Public Administration (RANEPA), Gaidar Institute for Economic Policy); Vashelyuk, Natalia. (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Nazarov, P.A. (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Perevyshin, Yuri (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Tumanova, Elena Alexandrovna (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Shagas, Natalia (Russian Presidential Academy of National Economy and Public Administration (RANEPA))
    Abstract: This paper is devoted to the multidimensional analysis of the impact of shocks to the economic development of the countries at the present stage. Econometric analysis was applied for investigation fiscal policy shocks on the dynamics of aggregate output, consumption, investment, real wages in the Russian economy, 2002-2014. Paper analyzed the question about the existence and nature of the impact of the level of output on income inequality in the econometric study conducted at the regional data of the Russian Federation for the period 2000 to 2011. Using methods of panel analysis for the period 1990-2010, factors of economic growth of countries at different stages of development were identified. A comprehensive analysis of the impact of corruption on the main macroeconomic indicators was made on the basis of existing models and our modifications. The influence of the financial sector to economic development on panel data was studied.
    Keywords: economic development, Russia, econometric analysis, consumption, fiscal policy
    Date: 2015–03–23
  14. By: Ekaterina V. Krekhovets (National Research University Higher School of Economics); Liudmila A. Leonova (National Research University Higher School of Economics)
    Abstract: Student friendship networks can be considered as social capital, which is known to be a very useful resource during university and after it. Several empirical studies have examined static models of student behaviour in social networks. In this study we analyse the dynamic changes of student social connections. We use original longitude data of student social ties from one Russian university. Data was collected within the framework of a research project of the International Research Laboratory for Institutional Analysis of Economic Reforms. To investigate factors influencing the evolution of social ties during university probit regressions were tested. We found that students with similar characteristics such as gender and academic achievement are more likely to become friends and continue to be friends. Both studying in the same group and living in a dormitory increase the likelihood of being friends. We also found a transitivity effect. We observe a positive effect of having common friend on friendship ties. We also notice a positive link between reciprocity and friendship stability.
    Keywords: social networks, friendship, higher education
    JEL: D85 I21 I23
    Date: 2016
  15. By: Klyachko, Tatiana (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Krasnova, Gulnara (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Polushkina, Elena (Russian Presidential Academy of National Economy and Public Administration (RANEPA))
    Abstract: The paper addresses the major challenges of organizational and economic reform of Russian higher education: the adequacy of the model adopted normative per capita financing approach to the revival of elite engineering education and the transformation of its mass segment, inclusion in the Unified State Examination as to pass the exam - the works, as well as the empowerment of delivery and retaking exams in various subjects.
    Keywords: economic reform, Russia, education, USE, organisation
    Date: 2015–03–23
  16. By: Vashchelyuk, N.V. (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Zubarev, Andrey (Russian Presidential Academy of National Economy and Public Administration (RANEPA), Gaidar Institute for Economic Policy); Trunin, Pavel (Russian Presidential Academy of National Economy and Public Administration (RANEPA), Gaidar Institute for Economic Policy)
    Abstract: This study focuses on the estimation of the output gap in the Russian economy. The first part is devoted to the review of the methods used to determine the output gap, which include one-dimensional statistical procedures, structural and semi-structural models. In the second part we provide estimates of the output gap using the Hodrick-Prescott filter, as well as models of unobservable components.
    Keywords: output gap, Russian economy, Hodrick-Prescott filter
    Date: 2016–03–21
  17. By: Egorov D.A. (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Perevyshina E.A. (Russian Presidential Academy of National Economy and Public Administration (RANEPA))
    Abstract: This study is devoted to the analysis of two empirical approaches to modeling inflationary processes in Russia and abroad: the cost approach, and the Phillips curve. The authors examine the application of these approaches for the analysis of inflation factors in different countries, highlighting their strengths and weaknesses. Both approaches are used for the analysis of inflation in Russia in the 2000s. As part of the cost approach, a model for the consumer price index is estimated. Besides, various Phillips curve modifications are estimated for the consumer price index and various measures of economic activity (output gap, unemployment, unit labor costs). It is shown that the inflationary process in Russia is better described by the hybrid Phillips curve with output gap.
    Keywords: inflationary processes, Russian economy, hybrid Phillips curve, output gap
    Date: 2016–03–21
  18. By: Brian, Kuns; Visser, Oane
    Abstract: A significant post-Soviet agricultural trend is the rise of super-large scale agroholdings. The emergence of these farming companies has occasioned a debate on whether such farms are economically and socially optimal: are they are more efficient than smaller scale farms, and are they squeezing out smaller producers from the market? In this debate, 'agroholding' is used as a blanket term covering a diversity of different types of farms. This was adequate when this trend was first emerging, but now it is increasingly inadequate to describe the many different types of farms with different orientations that are developing. With the purpose of better defining different kinds of large-scale farms in the former Soviet Union, we propose in this research to develop a critical and empirically grounded typology of different farm companies, differentiating farms according to degree and kind of integration (horizontal or vertical), main orientation (primary crop production or food processing), and origin of capital (foreign, local, stock market, private equity). These distinctions will help to distinguish more successful business models from less successful, provide greater understanding of recent trends in the agricultural sector in the region, and help understand the future role such farm organizations might have in food production.
    Keywords: Agroholdings, Russia, Ukraine, Corporate Governance, Large-scale Farming, Financialization, Agricultural and Food Policy, Agricultural Finance, Q100 Agriculture: General,
    Date: 2016–04
  19. By: Gabueva, L.A. (Russian Presidential Academy of National Economy and Public Administration (RANEPA))
    Abstract: Improving the quality of health free medical services can not be achieved without the presence of highly qualified professionals with a medical (pharmaceutical) and other education employees providing medical and interim activities in the health sector. At the same time to estimate the level of achievement of qualifications, skills and abilities in health care organizations must provide for systematic measures. Provide them with the ability to consistently realizing innovative changes in the personnel management of medical organizations according to the conditions and characteristics of the subjects of the Russian Federation. Under these conditions requires scientific and practical substantiation connection of structural reforms in the areas of health and motivational incentives for achieving the expected results improve the efficiency of the industry.
    Keywords: effective contract, HR, personnel, salary
    Date: 2015–03–23
  20. By: Gabor Hunya (The Vienna Institute for International Economic Studies, wiiw); Monika Schwarzhappel (The Vienna Institute for International Economic Studies, wiiw)
    Abstract: Content and General Description (PDF) In 2015, the FDI inflow to the Central, East and Southeast European (CESEE) countries fell to its lowest level since 2008, while global FDI recovered. The decline was especially severe in the EU Member States of Central and Eastern Europe, as well as in Russia, while expansions were recorded in the Western Balkans and Turkey. The first part of this report provides an analysis of the 2015 FDI trends in 23 countries, highlighting uneven developments. New features of FDI have appeared recently in the Central European countries, which are deeply integrated into multinational production networks. FDI inflows fluctuate more wildly than before and have lost their close connection with economic growth or changes in the business environment. Capital relations between subsidiaries and parent companies have become more complex capital reserves, losses and profits are shifted around within multinational conglomerates in various forms of FDI and income. Moreover, tax optimisation by multinational enterprises has become one of the main factors determining the economic sector or the immediate host country chosen by investors when they reorganise their assets into holdings. Round-tripping domestic capital distorts the FDI statistics, of Russia in particular. Special sections of this report analyse the Russian FDI collapse, the Chinese expansion, and the position of Austria as investor and investment destination of CESEE countries. A further section presents new features of greenfield investments in 2015 a declining number of projects and lower capital investments that increasingly focus on the manufacturing sector. Forecasts for FDI in 2016 point downwards again, because the international environment may not support capacity expansions, and also economic growth in most of the CESEE will be less robust than last year. 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 by country. The main sources of data are the central banks of the individual Central, East and Southeast European countries. Methodological explanations highlight important recent changes in reporting standards and their application in the wiiw FDI Database and wiiw FDI Report. The wiiw FDI Database is available online This 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, FDI by form, income repatriation, statistics, new EU Member States, Central Europe, Southeast Europe, Western Balkans, China, Turkey, CIS, Russia, Ukraine
    JEL: C82 F21 O57 P23
    Date: 2016–06
  21. By: Almas Heshmati; Shahrouz Abolhosseini
    Abstract: This research reviews relevant literature on the current state and effectiveness of developing renewable energy on energy security in general, and on energy security in the European Union in particular. The paper elaborates on primary energy import sources, possible alternatives, and how energy security is affected by the sources of supply. It also gives an analysis of the effects of the Ukrainian crisis, the isolation of Iran on diversification sources, and on European energy security. It examines European Union.s energy policy, analyses the best motivation for a new energy policy direction within Europe, and suggests alternative solutions for enhanced energy supply security. The aim is to suggest suitable solutions for energy security in Europe through energy supply diversification. Supply diversification includes alternative energy corridors for reducing dependency on Russia as a supplier and enhancing the power generated by renewable energy sources under the European Union 2020 strategy.
    Keywords: energy security, green energy, renewable energy, Ukraine crisis, Iran sanctions
    Date: 2016
  22. By: Kazakova, M.V. (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Kiblitskaya, T.R. (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Lyubimov, I.L. (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Nesterova, K.V. (Russian Presidential Academy of National Economy and Public Administration (RANEPA))
    Abstract: In the middle of the XX century, the conception of the positive impact of income inequality on economic growth. Representatives of the classical approach is explained by the fact that the concentration of wealth allows you to invest in the economy, while the redistribution policy limits the possibilities for economic development. However, on the other hand, there are a number of channels through which inequality can have a negative impact on economic growth: credit market imperfections, the threat to social and political stability, limiting investment in human capital, etc. In this paper we will try to confirm or deny the existence of the relationship between economic growth and income inequality.
    Keywords: income inequality, credit market, economic growth
    Date: 2016–04–20
  23. By: Gabueva, Larisa (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Pavlova, Natalia (Russian Presidential Academy of National Economy and Public Administration (RANEPA))
    Abstract: The theme of territorial and industrial clusters is highly relevant, constantly on the agenda of the Russian government and regional administrations. Within the framework of the state program "Economic development and innovative economy" of 20 subjects for these purposes allocated funds in the amount of 1.25 billion rubles. Clustering to provide health care services possible in the implementation of public-private partnership mechanisms. The initiative can show the Ministry of Health and the Government of the federal or regional level, as well as a private person - the owner of the clinic.
    Keywords: territorial clusters, industrial clusters, economic development
    Date: 2016–04–14
  24. By: Shagas, Natalia (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Bojechkova, A.V. (Gaidar Institute for Economic Policy); Pervishin, Y.N. (Russian Presidential Academy of National Economy and Public Administration (RANEPA)); Perevyshina, E.A. (Russian Presidential Academy of National Economy and Public Administration (RANEPA))
    Abstract: This paper is devoted to the multidimensional analysis of the effects of public sector on the economic growth. We estimate a threshold share of government consumption and government expenditure, which maximizes economic growth in the group of countries, including Russia. This paper answers the question about the impact of total public expenditure, as well as their individual components on total factor productivity in developing countries. It was found that government expenditure on defense and education influence on the total factor productivity growth is positive. We identify threshold values of the financial sector development level, beyond which there is change in the relationship between financial sector development and economic growth. Public expenditure growth has negative impact on the financial sector threshold development level in the long term. We find that, if the inflation exceeds 6%, then further increase in the growth rate of consumer prices reduces the growth rate of GDP per capita.
    Keywords: multidimensional analysis, public sector, economic growth
    Date: 2016–03–21
  25. By: Lubimov, I.L. (Russian Presidential Academy of National Economy and Public Administration (RANEPA))
    Abstract: We will address key papers in which the authors try to find or, on the contrary, to show the absence of the resource curse, in particular, we give a description of one of the key mechanisms of the resource curse, Dutch disease. We also conduct a small study, which are trying to establish a link between oil wealth and economic growth.
    Keywords: resource curse, Dutch disease, economic growth, oil wealth
    Date: 2016–04–20
  26. By: Valeria, Gattai; Rajssa, Mechelli; Piergiovanna, Natale;
    Abstract: groups of former Soviet states, designated CIS, Developed and Developing. Using Orbis data, we provide within-group and between-group results on the effects of outward FDI (OFDI) and inward FDI (IFDI) on firm-level innovation. As the most notable finding, OFDI firms innovate more than IFDI firms, which in turn innovate more than non-FDI firms. The innovation effect of OFDI is the largest for firms from the Developing economies, followed by the Developed and CIS countries. The innovation effect of IFDI is the largest for firms from the Developing economies, followed by the CIS and Developed countries. FDI to and from Europe have the largest impact on innovation; this holds across country groups.
    Keywords: FDI, Premia, Patents, Former Soviet States, Russia, CIS
    JEL: F23 L25 O57
    Date: 2016–06–10
  27. By: Daria Loginova (Russian Presidential Academy of National Economy and Public Administration (RANEPA))
    Abstract: This article offers econometric approach for right realization institutional barriers research in right economy. Offered approach is realized on the example of right to build receiving on a farmland in Moscow region. In this article there is the concept of right demand entered, the features of this term are explained and the econometric model for the purpose of demand factors identification with institutional barriers taken into account is offered.
    Keywords: Econometrics in right economy, Institutional barriers of right realization, lands redistribution,
    JEL: B21 B23 B41 C52 C81 K11 L51 O12
    Date: 2016

General information on the NEP project can be found at For comments please write to the director of NEP, Marco Novarese at <>. Put “NEP” in the subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.