Abstract
The authors have considered methods for an alternative assessment of the dynamics of capital assets over 1992–2015, which fundamentally differ from those employed by the Russian Federal State Statistics Service (Rosstat), and have presented the results obtained on their basis. Losses of fixed assets incurred by the economy over this period in value terms have also been estimated. The reasons for the current crisis of the Russian economy have been shown in connection with the exhaustion of the Soviet material heritage and ways of handling the crisis have been proposed based on the reduction in household consumption and sharp increase in the share of accumulation and savings.
This is a preview of subscription content, log in via an institution to check access.
Similar content being viewed by others
References
G. I. Khanin and D. A. Fomin, “Accumulation and consumption of fixed capital in Russia: An alternative estimate,” Stud. Russ. Econ. Dev. 18 (1), 19–33 (2007).
G. I. Khanin and D. A. Fomin, “Estimation of the reproduction of fixed capital in the Russian economy,” Vopr. Stat., No. 10, 6–19 (2006).
G. I. Khanin and D. A. Fomin, “The 20th anniversary of reforms in Russia: Macroeconomic outcomes,” EKO, No. 5, 42–62 (2008).
G. I. Khanin and N. V. Kopylova, “Estimation of the value of fixed assets in pre-revolutionary Russia and the USSR,” Vopr. Stat., No. 8, 58–65 (2008).
G. I. Khanin and N. V. Kopylova, “Alternative assessment of the value of fixed assets of the Russian industry,” EKO, No. 6, 63–80 (2010).
G. I. Khanin and D. A. Fomin, “Alternative assessment of the profitability of agriculture in 2001,” Vopr. Stat., No. 2, 38–43 (2004).
G. I. Khanin and D. A. Fomin, “The ratio of the replacement and book values of fixed assets of retail trade,” Vopr. Stat., No. 12, 28–31 (2004).
G. I. Khanin and D. A. Fomin, “Wholesale trade in Russia today,” Stud. Russ. Econ. Dev. 18 (5), 447–489 (2007).
G. I. Khanin and D. A. Fomin, “Russia’s public catering: Characteristics, profitability, and dynamics,” Stud. Russ. Econ. Dev. 19 (3), 262–275 (2008).
D. A. Fomin and G. I. Khanin, “Communal dystopia,” EKO, No. 7, 3–21 (2007).
D. A. Fomin and G. I. Khanin, “Alternative evaluation of the cost of the capital stock and financial position of the Russian railroad industry,” Stud. Russ. Econ. Dev. 23 (3), 249–260 (2012).
G. I. Khanin, “Economic history of Russia in modern times,” in Russia’s Economy in 1992–1998: Monography (Izd. NGTU, Novosibirsk, 2014) [in Russian].
Russian Statistical Yearbook. http://www.gks.ru/ wps/wcm/connect/rosstat_main/rosstat/ru/statistics/ publications/catalog/doc_1135087342078.
National Accounts of Russia. http://www.gks.ru/ wps/wcm/connect/rosstat_main/rosstat/ru/statistics/ publications/catalog/doc_1135087050375.
Russian Statistical Yearbook. Statistical Compendium (Goskomstat, Moscow, 1995) [in Russian].
The National Economy of the Russian Federation. Statistical Compendium (Respublikanskii informatsionnoizdatel’skii tsentr, Moscow, 1992) [in Russian].
http://www.gks.ru/wps/wcm/connect/rosstat_main/ rosstat/ru/statistics/population/housing/#.
Norms of Depreciation Deductions for Fixed Assets of the National Economy of the USSR and Regulations on the Procedure for Planning, Calculating and Using Depreciation Charges in the National Economy (Ekonomika, Moscow, 1974) [in Russian].
D. A. Fomin, “Financial aspects of reproducing housing and communal services in the Russian Federation,” Stud. Russ. Econ. Dev. 26 (2), 132–141 (2015).
http://www.gks.ru/bgd/regl/b15_13/Main.htm.
Russian Statistical Yearbook. 2005. Statistical Compendium (Rosstat, Moscow, 2006) [in Russian].
S. G. Strumilin, Essays on the Socialist Economy of the USSR. Selected Works in Five Volumes (Nauka, Moscow, 1964), Vol. 4 [in Russian].
G. I. Khanin and D. A. Fomin, “Retail trade in Russia: State and prospects,” Problemy Prognozirovaniya, No. 6, 84–103 (2005).
Methodological Provisions on Statistics (Rosstat, Moscow, 2006), Vol. 5 [in Russian].
The Great Patriotic War. The Anniversary Statistical Compendium (Rosstat, Moscow, 2015) [in Russian].
http://www.gks.ru/bgd/free/b04_03/Isswww.exe/Stg/ d06/64.htm.
G. I. Khanin and D. A. Fomin, “On alternative assessments of the economic development of the former Soviet republics, the countries of Eastern Europe, and China,” Vopr. Stat., No. 7, 64–79 (2014).
G. I. Khanin and D. A. Fomin, “Post-Soviet society and Russian macroeconomic statistics,” Mir Ross., No. 2, 68–81 (2017).
G. I. Khanin and D. A. Fomin, “Money for modernization: How much do we need and where to get it?,” Svobodnaya Mysl’, No. 1, 45–60 (2011).
Author information
Authors and Affiliations
Corresponding author
Additional information
Original Russian Text © D.A. Fomin, G.I. Khanin, 2017.
In the opinion of the editorial board, the hypotheses adopted by the authors in calculating the dynamics of fixed capital are not sufficiently substantiated and are of a debatable nature (editorial note).
Rights and permissions
About this article
Cite this article
Fomin, D.A., Khanin, G.I. The dynamics of capital assets in the economy of the Russian Federation over the post-Soviet period (1992–2015). Stud. Russ. Econ. Dev. 28, 373–383 (2017). https://doi.org/10.1134/S1075700717040062
Received:
Published:
Issue Date:
DOI: https://doi.org/10.1134/S1075700717040062