Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
981608 | Procedia Economics and Finance | 2014 | 6 Pages |
Abstract
A multiple regression model of economic growth in Russia based on the statistics of the structural elements of the Russian Aggregate Demand from 2001 till 2013 was developed in this article. The results of multiple regression analysis provided compelling evidence that the greatest impact on a real Russian GDP growth has domestic demand. It has been found that consumption of households is the key elements of domestic demand. The authors also justify the action of the multiplicative interaction mechanism of domestic and external demand of the Russian economy.
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