Preview

Voprosy Ekonomiki

Advanced search
Open Access Open Access  Restricted Access Subscription Access

Industrial policy in Russia: New conditions and possible agenda (The report of NRU HSE)

https://doi.org/10.32609/0042-8736-2018-6-5-28

Abstract

In this article we discuss modern conditions and new approaches to the implementation of industrial policy in the world and in Russia. Having considered a number of Russian cases, we have found such problems of politics as insufficient orientation at new drivers of changes, excessive fragmentation of directions, locality of the achieved results, poor selection of successful practices. In conditions of high technological uncertainty, there is the demand for a search-oriented industrial policy, including the launching of various pilots, regular assessment of effects, termination of ineffective projects. We raise, as an agenda for the future, the issue of transition to a multidimensional policy oriented at a set of structural changes in the economy and the formation of effective management teams for the implementation of relevant initiatives. Besides, we believe the project approach to initiating structural shifts should be combined with institutional changes, increased demonstration effects, improved attractiveness of the national jurisdiction for fast-growing companies and new sectors.

About the Authors

Yu. V. Simachev
National Research University Higher School of Economics
Russian Federation


N. V. Akindinova
National Research University Higher School of Economics
Russian Federation


A. A. Yakovlev
National Research University Higher School of Economics
Russian Federation


A. V. Daniltsev
National Research University Higher School of Economics
Russian Federation


M. G. Kuzyk
National Research University Higher School of Economics
Russian Federation


E. S. Kutsenko
National Research University Higher School of Economics
Russian Federation


D. S. Medovnikov
National Research University Higher School of Economics
Russian Federation


K. O. Vishnevsky
National Research University Higher School of Economics
Russian Federation


V. V. Mironov
National Research University Higher School of Economics
Russian Federation


V. A. Bessonov
National Research University Higher School of Economics
Russian Federation


M. K. Glazatova
National Research University Higher School of Economics
Russian Federation


S. D. Rozmirovich
National Research University Higher School of Economics
Russian Federation


References

1. Bessonov V., Gimpelson V., Yasin E., Kuzminov Ya. (2010). Productivity and factors of long-term development of Russian economy. In: E. G. Yasin (ed.). Proceedings of X April international academic conference on economic and social development. Book 1. Moscow: HSE Publ., pp. 11—61. (In Russian).

2. Bessonov V. A., Brodsky N. Yu., Zhuravlev S. V., Stolyarova A. G., Frolov A. S. (2011). On the development of ICT sector in Russian economy. Voprosy Statistiki, No. 12, pp. 15—30. (In Russian).

3. Medovnikov D., Oganesyan T., Rozmirovich S. (2016). Сandidates for the championship: Medium-sized high growth companies and state-run programs for their support. Voprosy Ekonomiki, No. 9, pp. 50—66. (In Russian).

4. Ponomarenko A. N. (2002). Retrospective national accounts of Russia. 1961—1990. Moscow: Finansy i Statistika. (In Russian).

5. Yudanov A. (2007). Fast-growing firms (“gazelles”) and the evolution of Russian economy. Voprosy Ekonomiki, No. 2, pp. 85—100. (In Russian).

6. Aiginger K. (2007). Industrial policy: A dying breed or a re-emerging phoenix. Journal of Industry, Competition and Trade, Vol. 7, No. 3, pp. 297-323.

7. Akindinova N., Kuzminov Y., Yasin E. (2016). Russia’s economy: Before the long transition. Russian Journal of Economics, Vol. 2, No. 3, pp. 219-245.

8. Baldwin R. (2006). Globalisation: The great unbundling(s). In: Globalisation challenges for Europe. Ch. 1. Helsinki: Secretariat of the Economic Council, Finnish Prime Minister’s Office.

9. Bran F., Popescu M. L., Stanciu P. (2016). Perspectives of silver economy in European Union. Review of International Comparative Management, Vol. 17, No. 2, pp. 130-135.

10. Campa J. M., Goldberg L. S. (2002). Exchange rate pass-through into import prices: A macro or micro phenomenon? NBER Working Paper, No. 8934.

11. Delgado M., Porter M. E., Stern S. (2016). Defining clusters of related industries. Journal of Economic Geography, Vol. 16, No. 1, pp. 1-38.

12. Etzkowitz H. (2003). Innovation in innovation: The triple helix of university-industry-government relation. Social Science Information, Vol. 42, No. 3, pp. 293-337.

13. European Commission (2016). Сommunication from the Сommission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions. ICT standardisation priorities for the digital single market. Brussels.

14. European Commission (2017). Study on urban vehicle access regulation. Final report. Brussels. https://ec.europa.eu/transport/sites/transport/files/uvar_final_report_august_28.pdf.

15. European Parliamentary Research Services (2016). Global trendometer. Essays on medium- and long-term global trends. Brussels. http://espas.eu/orbis/sites/default/files/generated/document/en/EPRS_STU%282016%29573301_EN.pdf.

16. Feenstra R. C., Hanson G. H. (1996). Globalization, outsourcing, and wage inequality. American Economic Review, Vol. 86, No. 2, pp. 240-245.

17. Garcia Calvo A., Coulter S. (2017). Industrial transformation in the aftermath of the crisis: An empirical analysis of industrial policies in France, Germany, Spain and the United Kingdom. CES Open Forum Series, Vol. 28. Harvard University, Minda de Gunzburg Center for European Studies.

18. Grossman G. M., Rossi-Hansberg E. (2008). Trading tasks: A simple theory of offshoring. American Economic Review, Vol. 98, No. 5, pp. 1978-1997

19. Gruenwald R. (2014). Shaping policy supporting high-growth entrepreneurship: Reflections on EU SME policy. Horyzonty Polityki, Vol. 5, No. 10, pp. 105-126.

20. Harvard Business School (2014). Cluster mapping. www.clustermapping.us/cluster

21. Hong P. (2014). 70% of consumers want more personalized shopping experiences. Linkdex, December 1. http://www.linkdex.com/en-us/inked/70-of-consumers-want-more-personalized-shopping-experiences/

22. Huggins R., Izushi H., Prokop D., Thompson P. (2014). The global competitiveness of regions. London: Routledge.

23. Jankowska A., Nagengast A., Perea J. R. (2012). The product space and the middle-income trap. OECD Development Centre Working Paper, No. 311.

24. Jones R. W., Kierzkowski H., Leonard G. (2002). Fragmentation and intra-industry trade. In: P. Lloyd, H. Lee (eds.). Frontiers of research in intra-industry trade. Palgrave Macmillan, pp. 67-86.

25. Kaplinsky R., Farooki M., Alcorta L., Rodousakis N. (2012). Promoting industrial diversification in resource intensive economies: The experiences of Sub-Saharan Africa and Central Asia regions. United Nations Industrial Development Organisation.

26. Ketels C., Protsiv S. (2016). European cluster panorama. Center for Strategy and Competitiveness, Stockholm School of Economics.

27. Lee K. (2015). Capability building and industrial diversification. In: J. Felipe (ed.). Development and modern industrial policy in practice: Issues and country experiences. Asian Development Bank and Edward Elgar Publishing, pp. 70-93.

28. Lee K., Kim B.-Y. (2009). Both institutions and policies matter but differently at different income groups of countries: Determinants of long-run economic growth revisited. World Development, Vol. 37, No. 3, pp. 533-549.

29. Lin J. Y. (2012). New structural economics: A framework for rethinking development and policy. Washington, DC: World Bank.

30. Locke R. M. (2001). Building trust. Paper presented at the Annual Meetings of the American Political Science Association, San Francisco, CА, September 1.

31. Maroto-Sánchez A., Cuadrado-Roura J. R. (2009). Is growth of services an obstacle to productivity growth? A comparative analysis. Structural Change and Economic Dynamics, Vol. 20, No. 4, pp. 254-265.

32. Matsuyama K. (2009). Structural change in an interdependent world: A global view of manufacturing decline. Journal of the European Economic Association, Vol. 7, No. 2/3, pp. 478-486.

33. McDermott G. (2007). The politics of institutional renovation and economic upgrading: Recombining the vines that bind in Argentina. Politics & Society, Vol. 35, No. 1, pp. 103-143.

34. Mironov V., Petronevich A. (2015). Discovering the signs of Dutch disease in Russia. Resources Policy, Vol. 46, pp. 97-112.

35. OECD (2013). An international benchmarking analysis of public programs for high-growth firms. OECD LEED program. Paris.

36. OECD (2017). Digital economy outlook 2017. Paris: OECD Publ.

37. OECD, IEA (2017). Global EV outlook 2017. International Energy Agency, Clean Energy Ministerial. https://www.iea.org/publications/freepublications/publication/GlobalEVOutlook2017.pdf

38. Pack H., Saggi K. (2006). Is there a case for industrial policy? A critical survey. World Bank Research Observer, Vol. 21, No. 2, pp. 267-297.

39. Park D., Shin K. (2012). The service sector in Asia: Is it an engine of growth? Asian Development Bank Economics Working Paper Series, No. 322.

40. Romano L., Trau F. (2017). The nature of industrial development and the speed of structural change. Structural Change and Economic Dynamics, Vol. 42, No. C, pp. 26-37.

41. Sabel Ch. (1996). Ireland: Local partnerships and social innovation. Paris: OECD.

42. Simachev Y., Kuzyk M., Kuznetsov B., Pogrebnyak E. (2014). Russia on the path towards a new technology industrial policy: Exciting prospects and fatal traps. Foresight- Russia, Vol. 8, No. 4, pp. 6-23.

43. Timmer M. P., de Vries G. J. (2009). Structural change and growth accelerations in Asia and Latin America: A new sectoral data set. Cliometrica, Vol. 3, No. 2, pp. 165-190.

44. UNIDO (2009). Industrial development report 2009. Breaking in and moving up: New industrial challenges for the bottom billion and the middle-income countries. Vienna: United Nations Industrial Development Organisation.

45. Vu K. M. (2017) Structural change and economic growth: Empirical evidence and policy insights from Asian economies. Structural Change and Economic Dynamics, Vol. 41, pp. 64-77.

46. Warwick K. (2013). Beyond industrial policy: Emerging issues and new trends. OECD Science, Technology and Industry Policy Papers, No. 2.

47. Watson E. (2016). Podcast: What makes Millennials tick? May 27. http://www.foodnavigator-usa.com/People/Hartman-Group-MSL-Group-talk-Millennials-and-food

48. Zahir A., Takehiro I., Akira K. (2013). The servitization of manufacturing: An empirical case study of IBM Corporation. International Journal of Business Administration, Vol. 4, No. 2, pp. 18-26.


Review

For citations:


Simachev Yu.V., Akindinova N.V., Yakovlev A.A., Daniltsev A.V., Kuzyk M.G., Kutsenko E.S., Medovnikov D.S., Vishnevsky K.O., Mironov V.V., Bessonov V.A., Glazatova M.K., Rozmirovich S.D. Industrial policy in Russia: New conditions and possible agenda (The report of NRU HSE). Voprosy Ekonomiki. 2018;(6):5-28. (In Russ.) https://doi.org/10.32609/0042-8736-2018-6-5-28

Views: 1707


ISSN 0042-8736 (Print)