Analysis of Russian firms’ TFP growth in 2009—2015

Author:

Bessonova E. V.1

Affiliation:

1. Institute for Macroeconomic Research, Russian Foreign Trade Academy; National Research University Higher School of Economics (Moscow)

Abstract

We study TFP growth in Russia in 2009—2015 using firm-level data. Our results reveal that the productivity gap between technology leaders and lagging firms accumulated over the observed period. Technology diffusion from leaders to less efficient firms in Russia stays rather limited resulting in relatively low average TFP growth. The market share of less efficient firms shrinks over time but they do not exit the market. As a result, scarce recourses stay locked in inefficient production.

Publisher

NP Voprosy Ekonomiki

Subject

Economics and Econometrics,Finance

Reference35 articles.

1. Bessonov V. A. (2004). On dynamics of total factor productivity in the Russian economy in transition. HSE Economic Journal, Vol. 8, No. 4, pp. 542—587. (In Russian).

2. Bessonova E. V. (2007). Estimation of production efficiency of Russian industrial enterprises. Applied Econometrics, No. 2, pp. 13—35. (In Russian).

3. Denisova I. A., Lazareva O. V., Tsukhlo S. V. (2011). Vocational training: Russian experience. In: V. E. Gimpelson, R. I. Kapeliushnikov (eds.). Russian worker: Education, profession, qualification. Moscow: HSE Publ. (In Russian).

4. Drobyshevsky S., Kazakova M., Sinelnikov-Murylev S. (2014). Decomposition of Russia’s GDP growth rates in 1999—2014. Economicheskaya Politika, No. 5, pp. 7—37. (In Russian).

5. Idrisov G. I., Mau V. A., Bozhechkova A. V. (2017). In search of a new growth model. Voprosy Ekonomiki, No. 12, рр. 1—19. (In Russian).

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