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Defragmentation of Economic Growth with a Focus on Diversification: Evidence from Russian Economy

By Andrey Gnidchenko

Abstract

In this paper, we develop a comprehensive analysis of diversification issues for Russian economy. Assessing diversification for nine different variables, we show that choice of a variable affects the result much, and that, unlike a popular opinion, equiproportional economic diversity measures are still useful in economic analysis. Developing a simple defragmentation of economic growth, we account for labor productivity and labor availability separately, and show that these components depend on different factors.

Topics: O18 - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure, O49 - Other, R15 - Econometric and Input-Output Models; Other Models, R12 - Size and Spatial Distributions of Regional Economic Activity, R11 - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
Year: 2010
OAI identifier: oai:mpra.ub.uni-muenchen.de:27256

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