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Identifier to cite or link to this item: https://hdl.handle.net/10086/18940

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Title
Russian Growth Path and TFP Changes in Light of the Estimation of Production Function using Quarterly Data
Creator
Creator Name
Kuboniwa, Masaaki Kuboniwa, Masaaki
久保庭, 眞彰 久保庭, 眞彰
クボニワ, マサアキ クボニワ, マサアキ
Affiliation
Affiliation Name
Hitotsubashi University
Editor
Contributor Name
Russian Research Center, Institute of Economic Research, Hitotsubashi University
Affiliation
Affiliation Name
Hitotsubashi University
Key Word
Growth
TFP
Cobb-Douglas
Russia
JEL
E01
P24
Abstract
We present estimations of a Cobb-Douglas production function with a steady change in TFP (total factor productivity) for the Russian economy, using quarterly data for the favorable period 1998Q3–2008Q2 and the period 1995Q1–2010Q2 as well. Compiling our baseline data on capital and labor adjusted for utilization, we explicitly present estimations of the coefficients (the capital distribution ratio and TFP) of production function, which show that TFP is the major growth source, followed by the capital contribution. We also show results of measurement of Russia‟s GDP gaps as the differences between potential and actual GDPs based on the production function and the Hodrick-Prescott filter.
Publisher
Russian Research Center, Institute of Economic Research, Hitotsubashi University
Issued Date
2011-02
Language
English(eng)
Resource Type
technical report
Version Type
VoR
Is Part OfRelation -
Related Title
RRC Working Paper Series ; No. 30
Relation
Related Identifier
URI
  http://www.ier.hit-u.ac.jp/rrc/English/
ISSN
1883-1656
Number of Pages
21
Appears in Collections
RRC Working Paper Series
URL
https://hdl.handle.net/10086/18940