Is Russia Still Driving Regional Economic Growth? /

This paper investigates whether the linkages between economic growth in Russia and growth in other countries in the region have weakened over time, particularly following the 1998 Russian crisis. It specifies an econometric model that includes standard growth determinants as well as Russian economic...

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Detalles Bibliográficos
Autor principal: Pani, Marco
Otros Autores: Jafarov, Etibar, Shiells, Clinton
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2005.
Colección:IMF Working Papers; Working Paper ; No. 2005/192
Acceso en línea:Full text available on IMF
Descripción
Sumario:This paper investigates whether the linkages between economic growth in Russia and growth in other countries in the region have weakened over time, particularly following the 1998 Russian crisis. It specifies an econometric model that includes standard growth determinants as well as Russian economic growth, and which allows for the effects of Russian growth to vary over time. The paper finds that Russian growth was indeed a significant determinant of regional economic growth prior to the Russian crisis, but that this link weakened significantly thereafter.
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Descripción Física:1 online resource (42 pages)
Formato:Mode of access: Internet
ISSN:1018-5941
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students