Today both on the national and business levels the efforts are being made to tackle two different issues: implementation of anti-crisis measures and forming the ground for a policy aimed at changing technological profile of the Russian economy. Building long-term scenarios of economic...

The recent global crisis has “devalued” many pre-crisis forecasts and strategies, including those in Russia. This fostered the redesigning of science, technology and innovation (STI) policy frameworks to adjust the scope and priorities of STI funding and to elaborate a new set of long-term...

The paper considers methodological aspects of long-term technology forecasting with reference to modern economical development of Russia. It describes a matrix of long-term scenarios of technological development of Russia based either on primary-energy or innovation-active orientation of the...

Technology roadmaps are typically used in terms of normative approach to long-term S&T forecasting thus serving as a visual tool to identify optimal ways to reach defined future goals. Nonetheless roadmaps can be applied to exploratory studies as well. The latter are aimed at identifying key...

In this paper we estimate the impact of R&D expenditures on the total factor productivity (TFP) and technical efficiency of two panels of countries in the period 1990-2011. We obtain TFP decomposition estimates using one- and two-step Stochastic Frontier Analysis (SFA) and a modified (O'Donnell,...

This paper investigates the factors behind the recent growth slowdown (so-called Secular Stagnation) in the US, the euro area and Japan using the metrics of potential output growth. Specifically, our results offer limited support for an impaired credit transmission channel hypothesis (Reinhart...

This paper investigates the factors behind the recent growth slowdown (so-called Secular Stagnation) in the US, the euro area and Japan using the metrics of potential output growth. Specifically, our results offer limited support for an impaired credit transmission channel hypothesis (Reinhart...