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  • This paper investigates the economic efficiency of Russian public expenditures in 2002-2016 by estimation of their multiplicative impact on the GDP level and economic growth. We use the empirical methodology based on Corsetti et al. (2012). We estimate a number of fiscal multipliers: on national security, law-enforcement activity, national defense, education, health care and sport and road infrastructure. For assessing the influence of budget structure on long-term economic growth rates, we estimate the SVAR model in which GDP growth is a structural variable. The research shows a positive influence of budgetary resources redistribution from non-productive government expenditures to productive ones on economic development. (xsd:string)
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  • 2018 (xsd:gyear)
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  • 2018 (xsd:gyear)
?:doi
  • 10.3897/j.ruje.4.30163 ()
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  • en (xsd:string)
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?:issn
  • 2618-7213 ()
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  • 3 (xsd:string)
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  • Russian budget structure efficiency: Empirical study (xsd:string)
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  • Zeitschriftenartikel (xsd:string)
  • journal_article (en)
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  • GESIS-SSOAR (xsd:string)
  • In: Russian Journal of Economics, 4, 2018, 3, 197-214 (xsd:string)
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  • 4 (xsd:string)