Review of Erumban et al. “…An India-Russia Comparison”

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Review of Erumban et al. “…An India-Russia Comparison” Barbara M. Fraumeni China Center for Human Capital and Labor Market Research Central University of Finance and Economics, Beijing, China CEFMS, Hunan University, Changsha, China National Bureau of Economic Research, Cambridge, MA USA IZA, Bonn, Germany

Components Gross value added, number of employees (FTE), capital services, and capital shares available for both countries For Russia, “capital services from each asset is proportional to the average of the stock available at the end of the current and prior period”

Aggregate MFP Aggregate economy MFP is computed as the sum of sectoral growth rates weighted using their nominal share How much different would the answer be if an aggregate production function was used?

How Do I Critique This Paper? Uses data and decomposition of growth methodology I strongly favor Presents results with some interpretation, but emphasis is on the results Solid data base contribution

Figure 1

Presentation Comments Combine figure 1 and 2 Employment, capital deepening, and TFP contributions to VA growth Employment and capital deepening the link between labor productivity and TFP Otherwise I kept going between the two graphs to get the whole picture Flip bars to vertical

Sources of G7 Economic Growth

Summaries Bring conclusion summaries into the body of the paper to help avoid number fatigue Can repeat these to some extent in the conclusion

Figure 3 for India

More Figures Like Figures 3 For table 4, show industry and services above and below averages, probably both countries on the same graph, one for each subperiod

Might Not Work! But somehow you need to keep your audience from suffering from number overload Estimates done, just presentation work to be completed