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Russia'S Market And Product-Based Export Diversification

Author

Listed:
  • Birol ERKAN

    (UÅŸak University,)

  • Zekai Fatih SUNAY

    (UÅŸak University,)

Abstract

The Gini-Hirshman Index, Trade Concentration Ratio and Deviation Index has been used as the main measurement tools in this study. In the study, Russia has been analyzed in terms of market and product-based export diversifications between 2000-2016. Scores obtained at the end of the analyzes made reveal that the diversification of Russian exports is low on both market and product basis. It is obvious that high level of export concentrations will adversely affect the Russian economy.It is likely that Russia, which can not diversify its exports on a market and product basis will be influenced by the global crisis.of the future.

Suggested Citation

  • Birol ERKAN & Zekai Fatih SUNAY, 2018. "Russia'S Market And Product-Based Export Diversification," JOURNAL OF LIFE ECONOMICS, Holistence Publications, vol. 5(3), pages 43-60, July.
  • Handle: RePEc:jle:journl:v:5:y:2018:i:3:p:43-60
    DOI: 10.15637/jlecon.252
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    Cited by:

    1. Brkić Snježana, 2019. "Development of Trade Relations of Bosnia and Hercegovina with Slovenia: Different Aspects and Characteristics," Naše gospodarstvo/Our economy, Sciendo, vol. 65(3), pages 40-49, September.

    More about this item

    Keywords

    Export Diversification; Gini-Hirschman Index; Trade Concentration Ratio; Deviation Index; Russia.;
    All these keywords.

    JEL classification:

    • F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • Q27 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Issues in International Trade

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