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Import Of Investment Goods

Author

Listed:
  • Idrisov Georgy

    (Gaidar Institute for Economic Policy)

  • Kaukin Andrey

    (Gaidar Institute for Economic Policy)

  • Pavlov Pavel

    (Gaidar Institute for Economic Policy)

Abstract

The sharp fluctuations of the ruble’s exchange rate in the period 2014–2016 have not resulted in a reduction of the share of investment goods in the price structure of Russian imports. At the same time, domestic demand has visibly reoriented towards cheaper analogues. The recovery of imports of investment goods visible since the second half of 2016, which in part can be attributed to the strengthening of the ruble, points to a temporary halt of import substitution processes.

Suggested Citation

  • Idrisov Georgy & Kaukin Andrey & Pavlov Pavel, 2016. "Import Of Investment Goods," Russian Economic Development, Gaidar Institute for Economic Policy, issue 11, pages 28-31, November.
    • Handle: RePEc:gai:recdev:recdev-2016-11-779
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    File URL: https://iep.ru/files/RePEc/gai/recdev/recdev-2016-11-779.pdf
    File Function: Revised version, 2016
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    More about this item

    Keywords

    Tax; Budget; Russian Economy;
    All these keywords.

    JEL classification:

    • P24 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - National Income, Product, and Expenditure; Money; Inflation
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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