IDEAS home Printed from https://ideas.repec.org/a/nea/journl/y2020i47p106-127.html
   My bibliography  Save this article

Structural features of Russian economy integration into global value chains and lessons for structural policy

Author

Listed:
  • Fedyunina, A.

    (Centre for Structural Policy Research, National Research University "Higher School of Economics", Moscow, Russia)

  • Simachev, Yu.

    (Centre for Structural Policy Research, National Research University "Higher School of Economics", Moscow, Russia)

  • Kuzyk, M.

    (Centre for Structural Policy Research, National Research University "Higher School of Economics", Moscow, Russia)

  • Averyanova, Yu.

    (International Laboratory of Intangible-driven Economy, National Research University "Higher School of Economics", St. Petersburg, Russia)

Abstract

Features of the country's integration into global production today best reflect its competitive advantages and growth prospects. This paper provides an analysis of long-term trends in the features of integration of the Russian economy into global value chains (GVCs). Three cases of industrial upgrading in forestry, food and chemical industries are analyzed. In the case of a significant lag in the industry from the global technological frontier, attracting foreign investment and importing technology is the easiest way to integrate the economy into GVCs. For end-user-oriented sub-sectors, this means quick adaptation of organizational and marketing innovations, satisfaction of changing consumer preferences, and the formation of new markets and market niches. Moreover, based on the best practices of Russian and foreign companies, the technological level of lagging domestic companies may advance. For sub-sectors focused on intermediate goods, the introduction of technologies can determine an increase in the depth of redistribution in the sector and the subsequent increase in the production capacities of domestic companies based on the best practices of foreign companies.

Suggested Citation

  • Fedyunina, A. & Simachev, Yu. & Kuzyk, M. & Averyanova, Yu., 2020. "Structural features of Russian economy integration into global value chains and lessons for structural policy," Journal of the New Economic Association, New Economic Association, vol. 47(3), pages 106-127.
    • Handle: RePEc:nea:journl:y:2020:i:47:p:106-127
    DOI: 10.31737/2221-2264-2020-47-3-5
    as

    Download full text from publisher

    File URL: http://www.econorus.org/repec/journl/2020-47-106-127r.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.31737/2221-2264-2020-47-3-5?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Laursen, Keld & Salter, Ammon, 2004. "Searching high and low: what types of firms use universities as a source of innovation?," Research Policy, Elsevier, vol. 33(8), pages 1201-1215, October.
    2. Ksenia Yudaeva & Konstantin Kozlov & Natalia Melentieva & Natalia Ponomareva, 2003. "Does foreign ownership matter?," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 11(3), pages 383-409, September.
    3. Simachev, Y. & Kuzyk, M. & Pogrebnyak, E., 2018. "Federal Industrial Policy: Basic Models and Russian Practice," Journal of the New Economic Association, New Economic Association, vol. 39(3), pages 146-154.
    4. Anna Fedyunina & Yuliya Averyanova, 2019. "Import and export of high-tech products in Russian manufacturing companies," Russian Journal of Economics, ARPHA Platform, vol. 5(2), pages 199-210, July.
    5. I. L. Lyubimov & A. G. Ospanova., 2019. "How to make an economy more complex? The determinants of complexity in historical perspective," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 2.
    6. Hausmann, Ricardo & Hidalgo, Cesar, 2014. "The Atlas of Economic Complexity: Mapping Paths to Prosperity," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262525429, December.
    7. I. M. Drapkin & S. A. Lukyanov., 2019. "Foreign direct investment spillovers in the Russian economy: The results of empirical estimation," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 2.
    8. Yury Simachev & Mikhail Kuzyk & Nikolay Zudin, 2016. "Import Dependence and Import Substitution in Russian Manufacturing: A Business Viewpoint," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 10(4), pages 25-45.
    9. Lyubimov, I. & Gvozdeva, M. & Kazakova, M. & Nesterova, K., 2017. "Economic Complexity of Russian Regions and their Potential to Diversify," Journal of the New Economic Association, New Economic Association, vol. 34(2), pages 94-122.
    10. Yu. Simachev & M. Kuzyk & V. Feygina., 2014. "R&D Cooperation between Russian Firms and Research Organizations: Is There a Need for State Assistance?," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 7.
    11. Fedyunina, Anna (Федюнина, Анна) & Averyanova, Yuliya (Аверьянова, Юлия), 2018. "Empirical Analysis of Competitiveness Factors of Russian Exporters in Manufacturing Industries [Эмпирический Анализ Факторов Конкурентоспособности Российских Экспортеров В Обрабатывающих Отраслях]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 6, pages 102-121, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Igor Drapkin & Anna Fedyunina & Yuri Simachev, . "GVC spillovers on total factor productivity of local firms: evidence from the Russian Federation," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.
    2. Simachev, Yu. & Fedyunina, A. & Gorodny, N., 2022. "Global advanced manufacturing markets - a new opportunity for Russia's technological upgrade," Journal of the New Economic Association, New Economic Association, vol. 53(1), pages 202-212.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Teixeira, Aurora A.C. & Tavares-Lehmann, Ana Teresa, 2014. "Human capital intensity in technology-based firms located in Portugal: Does foreign ownership matter?," Research Policy, Elsevier, vol. 43(4), pages 737-748.
    2. Teplykh, Grigorii & Galimardanov, Amal, 2017. "Modeling of innovative investment in Russian regions," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 46, pages 104-125.
    3. Alexander Kalita & Alexander Chepurenko, 2020. "Competitiveness of Small and Medium Businesses and Competitive Pressure in the Manufacturing Industry," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 14(2), pages 36-50.
    4. Hidalgo, César A., 2023. "The policy implications of economic complexity," Research Policy, Elsevier, vol. 52(9).
    5. Marina V. Evseeva, 2020. "Technological differentiation in the development of the Ural macroregion’s subjects," Journal of New Economy, Ural State University of Economics, vol. 21(3), pages 132-157, October.
    6. Mikhail Kuzyk & Anna Grebenyuk & Evgenia Kakaeva & Evgeniy Manchenko & Vladimir Dovgiy, 2017. "What Prevents Universities from the Involvement into the Creating Dual Technologies?," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 11(4), pages 84-95.
    7. Yusuf, Shahid & Nabeshima, Kaoru, 2005. "Japan's changing industrial landscape," Policy Research Working Paper Series 3758, The World Bank.
    8. Klaus Jaffe, 2015. "Agent based simulations visualize Adam Smith's invisible hand by solving Friedrich Hayek's Economic Calculus," Papers 1509.04264, arXiv.org, revised Nov 2015.
    9. Nouf Alsharif & Sambit Bhattacharyya & Maurizio Intartaglia, 2016. "Economic Diversification in Resource Rich Countries: Uncovering the State of Knowledge," Working Paper Series 09816, Department of Economics, University of Sussex Business School.
    10. Rachel Levy & Pascale Roux & Sandrine Wolff, 2009. "An analysis of science–industry collaborative patterns in a large European University," The Journal of Technology Transfer, Springer, vol. 34(1), pages 1-23, February.
    11. Diogo Ferraz & Fernanda P. S. Falguera & Enzo B. Mariano & Dominik Hartmann, 2021. "Linking Economic Complexity, Diversification, and Industrial Policy with Sustainable Development: A Structured Literature Review," Sustainability, MDPI, vol. 13(3), pages 1-29, January.
    12. Fontaine, François & Martin, Julien & Mejean, Isabelle, 2020. "Price discrimination within and across EMU markets: Evidence from French exporters," Journal of International Economics, Elsevier, vol. 124(C).
    13. Olimpia Neagu, 2019. "The Link between Economic Complexity and Carbon Emissions in the European Union Countries: A Model Based on the Environmental Kuznets Curve (EKC) Approach," Sustainability, MDPI, vol. 11(17), pages 1-27, August.
    14. Balland, Pierre-Alexandre & Broekel, Tom & Diodato, Dario & Giuliani, Elisa & Hausmann, Ricardo & O'Clery, Neave & Rigby, David, 2022. "Reprint of The new paradigm of economic complexity," Research Policy, Elsevier, vol. 51(8).
    15. Marullo, Cristina & Ahn, Joon Mo, 2024. "Knowledge tensions and decision-making challenges in open innovation: Standardization as a de-biasing mechanism," Technovation, Elsevier, vol. 136(C).
    16. Vu, Trung V., 2020. "Economic complexity and health outcomes: A global perspective," Social Science & Medicine, Elsevier, vol. 265(C).
    17. Boris Petkov, 2018. "Natural Resource Abundance: Is it a Blessing or is it a Curse," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 43(3), pages 25-56, September.
    18. Paulo Ferreira & Éder J.A.L. Pereira & Hernane B.B. Pereira, 2020. "From Big Data to Econophysics and Its Use to Explain Complex Phenomena," JRFM, MDPI, vol. 13(7), pages 1-10, July.
    19. Reto Föllmi & Angela Fuest & Philipp an de Meulen & Martin Micheli & Torsten Schmidt & Lina Zwick, 2018. "Openness and productivity of the Swiss economy," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 154(1), pages 1-21, December.
    20. MOTOHASHI Kazuyuki & ZHAO Qiuhan, 2023. "University as a Knowledge Source of Innovation: A spatial analysis of the impact on local high-tech startup creation," Discussion papers 23027, Research Institute of Economy, Trade and Industry (RIETI).

    More about this item

    Keywords

    Russian economy; technological upgrading; structural policy; structural changes; global value chains;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nea:journl:y:2020:i:47:p:106-127. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alexey Tcharykov (email available below). General contact details of provider: https://edirc.repec.org/data/nearuea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.