ON THE ARTICLE BY G.O. KURANOV AND R.F. LUK’YANENKO «STUDY OF ECONOMIC DYNAMICS AND VALIDATION OF GROWTH FACTORS»
Abstract
This is a brief commentary on the article by G.O. Kuranov and R.F. Luk’yanenko «Study of Economic Dynamics and Validation of Growth Factors» that reviews some if its theses. For instance, it is noted that considering the importance of the subject of the article it deserves to be discussed in detail by experts in macroeconomics and econometrics. At the same time some ideas put forward in the article require specific clarification and consideration. They pertain in particular to including in the model such factors as growth of exports and increase of price on crude oil at the world market; the arguments in favour of including these factors are not convincing. It is noted that the number of persons employed used in the model to denote the labour input is not satisfactory because it does not reflect the degree of participation of employees in production, and the number of man-hours worked in production is a more adequate indicator.
About the Authors
Y. N. Ivanova
Lomonosov Moscow State University
Russian Federation
Russian Federation
Yuriy N. Ivanov - Dr. Sci. (Econ.), Prof.; Scientific Director of the Department of Statistics.
GSP-1, 1-46 Leninskiye Gory, Moscow, 119991
T. A. Khomenko
Interstate Statistical Committee of the Commonwealth of Independent States, Moscow
Russian Federation
Russian Federation
Tat’yana A. Khomenko – Consultant.
39, Myasnitskaya Str., Build.1, Moscow, 107450References
1. Timmer M., Voskoboynikov I. Is Mining Fuelling Long-Run Growth in Russia? Industry Productivity Growth Trends Since 1995. Marcel Ilya Review of Income and Wealth, 2014, vol. 60, iss. S2.
2. Denison E.F. Why Growth Rates Differ. Postwar Experience in Nine Western Countries. Washington: The Brookings Institution;1967. (Russ. ed.: Denison E.F. Issledovanie razlichii v tempakh ekonomicheskogo rosta. Moscow: Progress Publ.; 1971.)
3. Jorgenson D.W., Gollop F.M., Fraumeni B. Productivity and U.S. Economic Growth, North-Holland, Amsterdam, 1987.
4. Jorgenson D.W., Ho M.S., Stiroh K.J. Information Technology and the American Growth Resurgence Productivity. Vol. 3. MIT Press, Cambridge.
5. United Nations. System of National Accounts, 2008. New York: 2012. (In Russ.)
Review
For citations:
Ivanova Y.N., Khomenko T.A. ON THE ARTICLE BY G.O. KURANOV AND R.F. LUK’YANENKO «STUDY OF ECONOMIC DYNAMICS AND VALIDATION OF GROWTH FACTORS». Voprosy statistiki. 2018;25(2):43-47. (In Russ.)
Views:
421
Email this article 