Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/98329
Authors: 
Gregory, Paul R.
Lazarev, Valery
Year of Publication: 
2004
Series/Report no.: 
Center Discussion Paper 896
Abstract: 
This paper examines structural change in the Russian economy in 1990-2001, as measured by the changing composition of output and consumption, using international panel data sets as a frame of reference. It calculates a series of indexes to determine the extent to which the Russian economy is converging towards market economies. Although the Russian structure of output is becoming increasingly similar to that of upper-middle and the lower tier of high-income countries, the structure of Russian manufacturing is inconsistent with its income level and the extent of labor reallocation remains inadequate. Russia's pattern of consumption remains distorted due to the incomplete price liberalization.
Subjects: 
Post-Communist Transition
Value Added
Labor Productivity
Composition of GDP
Price Distortions
JEL: 
E20
P20
Document Type: 
Working Paper

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