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@article{ Kudrin2018,
 title = {Russian budget structure efficiency: Empirical study},
 author = {Kudrin, Alexey and Knobel, Alexander},
 journal = {Russian Journal of Economics},
 number = {3},
 pages = {197-214},
 volume = {4},
 year = {2018},
 issn = {2618-7213},
 doi = {https://doi.org/10.3897/j.ruje.4.30163},
 abstract = {This paper investigates the economic efficiency of Russian public expenditures in 2002-2016 by estimation of their multiplicative impact on the GDP level and economic growth. We use the empirical methodology based on Corsetti et al. (2012). We estimate a number of fiscal multipliers: on national security, law-enforcement activity, national defense, education, health care and sport and road infrastructure. For assessing the influence of budget structure on long-term economic growth rates, we estimate the SVAR model in which GDP growth is a structural variable. The research shows a positive influence of budgetary resources redistribution from non-productive government expenditures to productive ones on economic development.},
 keywords = {Finanzpolitik; fiscal policy; Wirtschaftswachstum; economic growth}}