• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site
For visually-impairedUser profile (HSE staff only)SearchMenu

The Influence of Economic Crisis of 2014 on Convergence between Russian Regions on the Basis of Income Level

Student: Nikita Rybakov

Supervisor: Elena Vakulenko

Faculty: Faculty of Economic Sciences

Educational Programme: Economics (Bachelor)

Year of Graduation: 2019

The problem of inter-regional inequality is an acute social and economic theme in modern Russia. Due to the vastness of the territories and weak transport links, there is a high level of inter-regional differentiation of real income and wages. Over the last two decades there is an observed decreasing level of inter-regional inequality. This diploma investigates the changes in dynamics of regional convergence in real income per capita and real wages after economic crisis of 2014. The research applies analysis of panel macro data collected from Federal State Statistics Service for the period of 2000-2017. Results obtained with the use of convergence models with spatial effects show that there are convergence processes from 2000 to 2017. The Sigma convergence analyses indicates a decrease in the rate of convergence in real income after 2014. The research revealed that the government policy of budgets redistribution does not statistically affect per capita incomes in regions and, consequently, the decrease of inter-regional inequality.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses