Economics, Econometrics and Finance
6 years ago

Agglomeration boosts productivity in Russian regions, spurring economic growth and innovation.

Economy of Regions
Analysis of the Determinants of Total Factor Productivity in Russian Regions
Alexander Myasnikov

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Shift-Share Analysis

The article looks at what factors affect how productive different regions in Russia are. It found that in regions with low extraction industries, having more jobs in a smaller area helps productivity. Also, regions with big cities and lots of credit tend to have companies that spread their success to nearby areas. The study used math models to figure this out.