bgscience@idbg.ru
+7 495 648 62 41 Russia, 127015, Moscow, Novodmitrovskaya st. 5A (b. 7)
Menu
  • BIBLIO-GLOBUS
    • About
  • Journals
    • Russian Journal of Entrepreneurship
    • Creative Economy
    • Scholarly Communication Review
    • Russian Journal of Retail Management
    • Leadership and Management
    • Public-Private Partnership
    • Global Markets and Financial Engineering
    • Russian Journal of Housing Research
    • Food Policy and Security
    • Russian Journal of Labor Economics
    • Russian Journal of Innovation Economics
    • Journal of Economics, Entrepreneurship and Law
    • Russian Journal of Humanistic Psychology
  • BIBLIO-GLOBUS fiction

Switch to Russian:to Russian

Preconditions of formation of a financial cluster Russia


Dontsova O.I., Zasko V.N.
(about the authors)

Dontsova Olesya Igorevna – (Financial University under the Government of the Russian Federation – Lipetsk branch)

Zasko Vadim Nikolaevich – (The Russian Presidential Academy of National Economy and Public Administration)

Published in:
Russian Journal of Entrepreneurship
– Volume 19, Number 12 (December 2018)

JEL classification: G10, G21, G28

Keywords: banks, clusters, deposits, financial markets, financial system, loans


Citation:
Dontsova O.I., Zasko V.N. (2018). Preconditions of formation of a financial cluster Russia. Russian Journal of Entrepreneurship, 19(12), 3873-3886. doi: 10.18334/rp.19.12.39684


Share:

Abstract:

According to the results of cross-country data analysis, the dependence of the credit activity of the financial system on the level of accumulation of deposits and the degree of concentration of the banking system is explained. The positive impact of the volume of deposits accumulated by the banking system on the level of lending seems to be an important factor in the concentration of the financial system in the form of clusters.








References:
Abramov A., Radygin A., Chernova M. (2016). Kompanii s gosudarstvennym uchastiem na rossiyskom rynke: struktura sobstvennosti i rol v ekonomike [State-owned enterprisesin the Russian market: Ownership structure and their role in the economy]. Voprosy Ekonomiki. (12). 61-87. (in Russian).
Aizenman J., Noy I. (2015). Saving and the Long Shadow of Macroeconomic Shocks Journal of Macroeconomics, Elsevier. (46С). 147-159.
Arestis P., Chortareas G., Magkonis G. (2015). The financial development and growth nexus: A meta-analysis Journal of Economic Surveys. (29(3)). 549-565.
Bofinger P., Scheuermeyer P. Income Distribution and Aggregate Saving: A Non-Monotonic RelationshipVoxeu.org. Retrieved from https://voxeu.org/article/income-distribution-and-aggregate-saving
Buch C., Bussière M., Goldberg L., Hills R. International transmission of monetary policy via banks: New cross-country evidence from the International Banking Research NetworkVoxeu.org. Retrieved from https://voxeu.org/article/international-transmission-monetary-policy-banks
Diamond D.W., Hu Y., Rajan R.G. (2017). Pledgeability, Industry Liquidity, and Financing Cycles NBER Working Paper. (23055).
Dontsova O.I, Zasko V.N. (2017). Klasternoe razvitie Rossii, analiz instrumentov finansirovaniya [Cluster Development in Russia: Analysis of Financial Instruments]. Russian Economic Developments. 24 (3). 63-68. (in Russian).
King R., Levine R. (1993). Finance and growth: Schumpeter might be right Quarterly Journal of Economics. (108(3)). 717-737.
Minsky H (1986). Stabilizing an Unstable Economy New York: McGraw-Hill.
Ono S. (2017). Financial development and economic growth nexus in Russia Russian journal of economics. 3 (3). 321-332.
Rajan R. (2016). Towards Rules of the Monetary Game Imf.
Robinson J. (1952). The generalisation of the general theory. In The rate of interest and other essays London: McMillian.
Schumpeter J. (1934). The theory of economic development Cambridge, MA: Harvard University Press.
Simons H. (1936). Rules versus Authorities in Monetary Policy Journal of Political Economy. 44 (1). 1-30.
Voskoboyniko, I. (2017). Sources of long run economic growth in Russia before and after the global financial crisis Russian journal of economics. 3 (4). 348-365.
Yellen J. (2016). Macroeconomic Research After the Crisis The Elusive 'Great' Recovery: Causes and Implications for Future Business Cycle Dynamics.

Tel : +7 495 649 6241

Fax : +7 800 3331538

E-mail : bgscience@idbg.ru

Address : RUSSIA, 101000, Moscow, Myasnitskaya st. 13-2

BIBLIO-GLOBUS Science

BIBLIO-GLOBUS Science - one of the leading science publishers in Russia.

Read More
Other sites
  • BIBLIO-GLOBUS fiction
  • BIBLIO-GLOBUS bookstore
  • National Science Publishing Association (NATSPA)
© 2016 BIBLIO-GLOBUS Science (BIBLIO-GLOBUS Publishing House). All Rights Reserved