Mitch Mokhtari 1, Selçuk Caner2, V. Kontorovich
  • 1 University of Maryland, College Park, United States of America, Maryland, Prince George County, Washington, University of Maryland College Park Quarter
  • 2 International Monetary Fund, 700 19th Street, N.W., Washington, D.C. 20431, USA

An Aconometric Analysis of the Areas Problem in the Russian Federation

2000. Vol. 4. No. 1. P. 3–26 [issue contents]

The paper examines the relationship between the individual components of officially registered non-payments-overdue accounts receivable of enterprises, tax arrears and wage arrears. The unsteadiness of the series of these values is revealed. A number of hypotheses about the causes of non-payments and their impact on the development of the country's economy are considered. It is concluded that the main long-term factor of the continuing accumulation of debt (non-payments) in the Russian economy is the insufficient development of the institutional environment.

Citation: Mokhtari M., Caner S., Kontorovich V. (2000) Ekonometricheskiy analiz neplatezhey v Rossii [An Aconometric Analysis of the Areas Problem in the Russian Federation]. HSE Economic Journal , vol. 4, no 1, pp. 3-26 (in Russian)
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