{
  "title": "IMF Staff Papers, Volume 49, No. 2",
  "publication": "IMF Staff Papers, July 11, 2002",
  "sourceUrl": "https://www.imf.org/en/publications/imf-staff-papers/issues/2016/12/30/imf-staff-papers-volume-49-no-15682",
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  "summary": "This paper explores sources of the output collapse in Russia during transition. A modified growth-accounting framework is developed that takes into account changes in factor utilization that are typical of the transition process.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Author: Robert P Flood\n- Publication date: July 11, 2002\n- Pages: 120\n- Volume: 2002\n- Issue: 003\n- Series: IMF Staff Papers No. 2002/003\n- DOI: https://doi.org/10.5089/9781589061194.024\n- Stock No: SPIEA0022002\n- ISBN: 9781589061194\n- ISSN: 1020-7635"
    },
    {
      "heading": "Research questions and scope",
      "content": "- Explores sources of the output collapse in Russia during transition.\n- Develops a modified growth-accounting framework that incorporates changes in factor utilization typical of the transition process.\n- Analyzes the behavior of real commodity prices over the 1862–1999 period.\n- Examines whether average stocks of health and education are converging across countries and calculates the speed of their convergence using data from 84 countries for 1970–90."
    },
    {
      "heading": "Key findings",
      "content": "- Declines in factor inputs were important determinants of the output fall in Russia during transition.\n- Declines in productivity were also important determinants of the output fall.\n- The modified growth-accounting framework that takes into account changes in factor utilization is central to the analysis of the Russian output collapse.\n- Real commodity prices are analyzed over the 1862–1999 period (study period explicitly stated).\n- Convergence analysis of average stocks of health and education uses data from 84 countries for 1970–90."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Commodity prices, Education, Health, Human capital, Inflation, Labor, Prices\n- Keywords: Africa, Commodity prices, Eastern Europe, education capital, exchange rate, Human capital, income risk, Inflation, interest rate, interest rate differential, optimal subsidy, SP, UIP deviation"
    },
    {
      "heading": "Data and empirical coverage",
      "content": "- Commodity price behavior examined for the period 1862–1999.\n- Convergence analysis uses data from 84 countries for 1970–90."
    },
    {
      "heading": "Formats and access",
      "content": "- More formats available on IMF eLibrary.\n- Options listed on the page: Order a Print Copy, Create Citation, Share, Export Citation in multiple formats.\n\nIMF Staff Papers, Volume 49, No. 2 — Robert P Flood, July 11, 2002 (DOI: https://doi.org/10.5089/9781589061194.024).\n\n---\n\n\nSource: https://www.imf.org/en/publications/imf-staff-papers/issues/2016/12/30/imf-staff-papers-volume-49-no-15682"
    }
  ],
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    "Authors: Robert P Flood",
    "Published: July 11, 2002",
    "Series: IMF Staff Papers",
    "Volume: 49",
    "DOI: https://doi.org/10.5089/9781589061194.024",
    "Author: Robert P Flood",
    "Publication date: July 11, 2002",
    "Pages: 120",
    "Volume: 2002",
    "Issue: 003",
    "Series: IMF Staff Papers No. 2002/003",
    "DOI: https://doi.org/10.5089/9781589061194.024",
    "Stock No: SPIEA0022002",
    "ISBN: 9781589061194",
    "ISSN: 1020-7635",
    "Explores sources of the output collapse in Russia during transition.",
    "Develops a modified growth-accounting framework that incorporates changes in factor utilization typical of the transition process.",
    "Analyzes the behavior of real commodity prices over the 1862–1999 period.",
    "Examines whether average stocks of health and education are converging across countries and calculates the speed of their convergence using data from 84 countries for 1970–90.",
    "Declines in factor inputs were important determinants of the output fall in Russia during transition.",
    "Declines in productivity were also important determinants of the output fall.",
    "The modified growth-accounting framework that takes into account changes in factor utilization is central to the analysis of the Russian output collapse.",
    "Real commodity prices are analyzed over the 1862–1999 period (study period explicitly stated).",
    "Convergence analysis of average stocks of health and education uses data from 84 countries for 1970–90.",
    "Subject: Commodity prices, Education, Health, Human capital, Inflation, Labor, Prices",
    "Keywords: Africa, Commodity prices, Eastern Europe, education capital, exchange rate, Human capital, income risk, Inflation, interest rate, interest rate differential, optimal subsidy, SP, UIP deviation",
    "Commodity price behavior examined for the period 1862–1999.",
    "Convergence analysis uses data from 84 countries for 1970–90.",
    "More formats available on IMF eLibrary.",
    "Options listed on the page: Order a Print Copy, Create Citation, Share, Export Citation in multiple formats."
  ],
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