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2010, Issue 5. AbstractsA.A. Vasin, The Lomonosov Moscow State University, Moscow, Russia
Evolutionary Game Theory and Economics. Part 1. Stability of Equilibria. Special Features of Human Behavior Evolution
The paper discusses convergence of evolutionary dynamics to mixed equiliria including different behavior strategies. Models of cooperative and altruistic behavior spreading are considered. The paper reveals special features of human behavior evolution in comparison with behavior in biological populations.
Key words: mixed equilibrium, convergence, cooperation, altruism JEL classification: C73
M.A. Godunova, Savings Bank of Russian Federation (Sberbank), Moscow, Russia
Influence of import tariffs, accumulation of FER and external debt on economic growth depending on stages of economic development
This paper investigates the influence of import tariffs, external debt and speed of foreign reserves accumulation on economic growth. It follows from existing literature that these policies can have different influence on growth, depending on the relative stage of economic development. The author outlines three relative stages of economic development. It follows from the results of our research, that on the first stage growth is stimulated by increasing the exchange rate and accumulation of external debt. On the second stage lowering of exchange rate has positive influence on the growth. On the third stage influence of the above mentioned policies is insignificant.
Key words: economic growth, institutes, foreign exchange reserves, external debt, import tariffs JEL classification: O24, O25, O43, C23
V.E. Gimpelson, CLMS, HSE, Moscow, Russia R.Y. Kapeliushnikov, CLMS, HSE, Moscow, Russia A.L. Lukyanova, CLMS, HSE, Moscow, Russia Z.A. Ryzhikova, Rosstat, Moscow, Russia G.V. Kulyaeva, Rosstat, Moscow, Russia
Ownership and Wage Differentiation in Russia
The authors examine the relationship between the forms of ownership and wages. It uses a unique dataset that includes over 700 thousands worker observations and allows identifying narrowly defined occupations and industries. The analysis based on the estimation of the Mincerian type earnings equation shows that wage differences across the forms of different ownership are significant. Employees in foreign-owned firms have systematically higher wages than comparable workers in similar domestic owned firms. They are followed in descending order by employees in mixed (publicprivate), Russian private, federal state and regional state companies. Municipal firms pay the lowest wages. Conditioning on 3-digit occupations and economic activities narrows the gaps but the pay ranking of the forms of ownership remains unchanged.
Key words: patterns of ownership, a wages, a labour-market JEL classification: D21, F23, J31, L33
S. Coleman, Metropolitan State University, St. Paul, Minnesota, USA
Russian Election Reform and the Effect of Social Conformity on Voting and the Party System: 2007 and 2008
In 2007 Russian voters elected representatives to the State Duma under new electoral procedures that President V. Putin had instituted. A presidential election followed in 2008, won by D.Medvedev, leading to Putin's new role as prime minister. To many observers, the reforms and election campaigns resulted in a party system manipulated to the advantage of the government, although Putin's reported goal was to reduce the number of political parties. Earlier research found that social conformity exerted a strong, persistent, and predictable influence on voting in national elections from 1991 to 2003. This analysis examines how the effect of social conformity on Russian voters and the party system might have changed from earlier elections as a result of the electoral reforms and campaign practices. Specific questions addressed are how well the political party system now aligns with the interests of voters, and whether this type of analysis can speak to fairness of the elections. Full Text: doc (119K) Key words: elections, Duma, procedures, conformity, results JEL classification: D7, P16
A.Yu. Yudanov, Finance Academy, Moscow, Russia
Embodiments of Entrepreneurial Spirit: «Gazelle-Firms» in Russia
Gazelles, i.e. firms showing rapid growth over a long period of time, have a strong impact on national economic development; that is why they are widely studied in the developed countries. The purpose of this article is to present the results of the first empiric study of gazelles in Russia. The number of gazelles in this country is higher, while their relative contribution to GDP growth is lower, than in the Western countries. Gazelles are the only type of middle and large Russian firms with positive long-term dynamics of employment. They are also the active agents of technological imitation and innovation processes. The rapid growth of Russian gazelles tends to follow an exponential law. We suppose the last phenomenon to be the prime result of entrepreneurial nature of gazelles.
Key words: fast growing firms, high-growth firms, entrepreneurship, economic growth, exponential growth, innovation, gazelles JEL classification: L26, O31, O33
J. Kloudova, Bratislava School of Law, Bratislava, Slovakia
Expanse Creative Economy and its Impact on the Less Developed Regions
The most significant changes which were related with ending of last century, Globalization, New Economy and Knowledge Economy, established condition for formation and development of Creative Economy, based on human creativity. The conditions for developing of Creative Economy are not in every geographical region the same. The aim of the paper is the allocation a new phenomenon of the production process inputs, human creativity, which due to technology and knowledge platform can significantly contribute to acceleration of economy growth, mostly in advanced countries. It can lead in biggest depth between less and more developed regions.
Key words: creative economics, creative class, creative industry, economic growth, regional development JEL classification: A13, C23, J01, O1
N.M. Pliskevich, Institute of Economy RAS, Moscow, Russia
The System of Low Wages as the Institutional Trap of Postsocialistic Economy
The article is devoted to one of the key institutional traps of the economy in transition. Namely to dominated since the Soviet period system of low wages linked inseparably with the configuration of the social sphere. The author considers the construction as before puts obstacles in the way of modernization, keeping up non-effective balance of the system that prevents form qualitative growth of labour productivity.
Key words: institutional trap, wage, social sphere, social policy, productivity of labour, power-property, paternalism JEL classification: J3, J30, B5, B50 Back | ||
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