Skip to main content
SpringerLink
Log in

Assessing Multiplier Effects in the Russian Economy: Input-Output Approach

  • Economic Policy
  • Published:
Studies on Russian Economic Development Aims and scope

Abstract

The article presents the calculation of multiplier effects in the modern economy of Russia. The output multipliers by different sectors of the economy have been estimated using a method based on a static input–output model. The article has analyzed the limitations and possibilities of applying a method of calculating the multiplier effects.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Log in via an institution

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Institutional subscriptions

Similar content being viewed by others

References

  1. V. S. Lisin and M. N. Uzyakov, A Branch in the System of Interbranch Relations: The Possibilities of Analysis and Forecasting (TEIS, Moscow, 2002) [in Russian].

    Google Scholar 

  2. R. Beetsma, M. Giuliodori, and F. Klaassen, “The effects of public spending shocks on trade balances and budget deficits in the European Union,” J. Eur. Econ. Assoc. 6 (2–3), 414–423 (2008).

    Article  Google Scholar 

  3. L. Christiano, M. Eichenbaum, and S. Rebelo, “When is the government spending multiplier large?,” J. Polit. Econ. 119 (1), C. 78–121 (2011).

    Article  Google Scholar 

  4. A. L. Kudrin and A. Yu. Knobel’, “Budgetary policy as a source of economic growth,” Vopr. Ekon., No. 10, 5–26 (2017).

    Google Scholar 

  5. M. E. Burfisher, Introduction to Computable General Equilibrium Models (Cambridge University Press, 2017).

    Google Scholar 

  6. P. B. Dixon and B. R. Parmenter, “Computable general equilibrium modelling for policy analysis and forecasting,” in Handbook of Computational Economics, Ed. by H. M. Amman, P. A. Kendrick, and J. Rust, Eds. (Elsevier Science B.V., 1996), Vol.1.

  7. R. E. Miller and P. D. Blair, Input-Output Analysis: Foundations and Extensions (Cambridge University Press, 2009).

    Book  Google Scholar 

  8. P. P. Ghosh, A. Ghose, and D. Chakraborty, “A critical review of the literature on integrated macroeconometric & input-output models,” in The 19th International Input-Output Conference (Alexandria VA, 2011).

    Google Scholar 

  9. G. R. West, “Comparison of input-output, input-output + econometric and computable general equilibrium impact models at the regional level,” Econ. Syst. Res. 7 (2), 209–227 (1995).

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

  1. Institute of Economic Forecasting of the Russian Academy of Sciences, Moscow, Russia

    M. Yu. Ksenofontov, A. A. Shirov, D. A. Polzikov & A. A. Yantovskii

Authors
  1. M. Yu. Ksenofontov
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. A. A. Shirov
    View author publications

    You can also search for this author in PubMed Google Scholar

  3. D. A. Polzikov
    View author publications

    You can also search for this author in PubMed Google Scholar

  4. A. A. Yantovskii
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to D. A. Polzikov.

Additional information

Original Russian Text © M.Yu. Ksenofontov, A.A. Shirov, D.A. Polzikov, A.A. Yantovskii, 2018.

Rights and permissions

Reprints and permissions

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

Ksenofontov, M.Y., Shirov, A.A., Polzikov, D.A. et al. Assessing Multiplier Effects in the Russian Economy: Input-Output Approach. Stud. Russ. Econ. Dev. 29, 109–115 (2018). https://doi.org/10.1134/S1075700718020089

Download citation

  • Received:

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1134/S1075700718020089

Search

Navigation