Purpose–The purpose of this paper is to provide estimates of factor income shares for 79 developed, developing and transition economies representing close to 90 percent of the world output and to test for income share convergence. Design/methodology/approach–The paper uses data from the...

The paper evaluates levels and trends in capital accumulation in countries of the Commonwealth of Independent States (CIS) since the start of market reforms. Based on certain assumptions about the survival rate of the old Soviet era capital and perpetual inventory method to account for new...

This paper investigates whether an Okun-type relationship between output and unemployment is taking hold in formerly planned economies as they move towards the market. Using a first-differences variant of Okun's Law, we test for its presence in 25 transition countries divided into groups of...

The main goal of this paper is to evaluate recent trends in Russian military reorganization. In this effort, we enlist the experience of the US military's transition from conscription to an all-volunteer force (AVF). We show how the US 1970s transition to market-based acquisition of labor...

This article analyses the outcome of privatisation in the Russian defence industry in the second part of the 1990s. It is based on the results of the longitudinal survey of defence enterprises conducted over the period 1995-99 in the main defence production regions of Russia: Moscow, St...

The article is devoted to the new phenomena in the market transformation of the Russian defence-industrial complex. Based on the data generated by the repeated survey of the CEOs (general directors) of defence enterprises in 1995-99, it examines economic performance of enterprises, their...

Using national income data, we estimate levels and identify trends in the general rate of return in Russia from 1994 to 2002. Endogenous distributional and efficiency determinants of profitability are discussed in the Marxian analytical framework. We find that in spite of the major decline in...

This case study uses the Ramsey model to analyze whether the current electricity prices charged by the natural monopoly Novosibirskenergo in a major industrial region of the Russian Federation are socially optimal. Our estimates of demand elasticities for two major groups of consumers, namely...