📢 The iCEBDA Econometric seminar

Join us on October 27, 2025 at 15:00 (Moscow time, online via Zoom) for a research seminar by

🎓 Stepan Novikov (Bank of Russia)

Talk: “Productivity and Efficiency Trends of Russian Firms in 2017–2023”

This seminar will present a stochastic frontier analysis of Russia's total factor productivity (TFP) from 2017-2023. The study decomposes TFP growth into shifts of the technological frontier and changes in firms' efficiency. The author assesses the distinct impacts of the pandemic and the 2022 crisis across economic sectors, revealing that efficiency changes were a primary driver of TFP dynamics. The results highlight a partial recovery in 2023, which largely bypassed exporters, wholesale trade, and the information and communication sectors.

🔗 Register here: https://economics.hse.ru/bigdata/seminars