The dynamics of capital assets in the economy of the Russian Federation over the post-Soviet period (1992–2015)
- Authors: Fomin D.A.1, Khanin G.I.2
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Affiliations:
- Novosibirsk State University of Economics and Management
- Siberian Institute of Management at the Russian Presidential Academy of National Economy and Public Administration
- Issue: Vol 28, No 4 (2017)
- Pages: 373-383
- Section: Macroeconomic Problems
- URL: https://journals.rcsi.science/1075-7007/article/view/213863
- DOI: https://doi.org/10.1134/S1075700717040062
- ID: 213863
Cite item
Abstract
The authors have considered methods for an alternative assessment of the dynamics of capital assets over 1992–2015, which fundamentally differ from those employed by the Russian Federal State Statistics Service (Rosstat), and have presented the results obtained on their basis. Losses of fixed assets incurred by the economy over this period in value terms have also been estimated. The reasons for the current crisis of the Russian economy have been shown in connection with the exhaustion of the Soviet material heritage and ways of handling the crisis have been proposed based on the reduction in household consumption and sharp increase in the share of accumulation and savings.
About the authors
D. A. Fomin
Novosibirsk State University of Economics and Management
Author for correspondence.
Email: fomin-nsk@yandex.ru
Russian Federation, Novosibirsk
G. I. Khanin
Siberian Institute of Management at the Russian Presidential Academy of National Economy and Public Administration
Email: fomin-nsk@yandex.ru
Russian Federation, Novosibirsk