ON THE IMPACT OF GOVERNMENT INSTITUTIONS ON ECONOMIC GROWTH AND INCOME INEQUALITY IN RUSSIA
Abstract and keywords
Abstract (English):
In order to assess the extent to which the institutions of government in the current conditions in recent years in Russia — the activity of government officials and local governments affected economic growth, the correlation of the number of this category of workers with the growth rates of the economy was evaluated. The results show that by 2002 the positive correlation between the number of employees of state bodies and local self-government and the rate of economic growth was a negative one. The activities of employees of state and local governments began to slow down economic growth in the country. In order to assess how the change in the level of inequality of income distribution in modern Russia is due to the activities of employees of state-shock authorities and local self-government, its relation to the number of employees in this category of funds, which reflects the degree of income inequality, was evaluated. The results show that by 2011 the negative relationship between the number of employees of state bodies and local governments and the level of inequality of income distribution of growth replaced by a positive relationship. The activities of employees of state and local governments began to contribute to reducing the level of inequality of income distribution in the country.

Keywords:
power institutions, economic growth, level of inequality, relations
References

1. Pritchett L. Understanding Patterns of Economic Growth // The World Bank Economic Review, 2000. Vol. 14. I. 2. P. 221-250.

2. Easterly W., Levine R. It's Not Factor Accumulation: Stylized Facts and Growth Mod-els: World Bank Working Papers, 2000.

3. Acemoglu D., Robinson J. Why Nations Fail: The Origins of Power, Prosperity, and Poverty. Crown Publishing Group, 2012.

4. North D.C. Institutions, Institutional Change and Economic Performance. Cambridge University Press, 1990.

5. Basovskaya E.N., Basovskiy L.E. Razvitie v Rossii jekonomiki neravenstva. [The de-velopment of economic inequality in Russia]. Journal of Economic Theory, 2011. №4. P.198-202.

6. Basovsky L.E., Basovskaya E.N. Postindustrial'nye uklady v jekonomike Rossii [Post-industrial structures in the economy of Russia]. M.: INFRA-M Publ. 2017. 159 p.

Login or Create
* Forgot password?