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Evaluating Russia’s trade patterns

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  • Yugo Konno

Abstract

This article offers empirical evidence on the major trends in the nature of Russia’s trade and on the determinants of the different types of trade: horizontal intra-industry trade (HIIT), vertical intra-industry trade (VIIT) and inter-industry trade (INT). The estimation results of gravity-type log-linear models suggest that the combined economic size of Russia and the trading partner has a positive effect, while the distance between the two countries has a negative effect for all types of trade. They also suggest that FDI has a significant effect on all types of trade; however, the effect varies according to whether the partner country is a member of the CIS/CU or not, and whether the FDI is outward or inward.

Suggested Citation

  • Yugo Konno, 2016. "Evaluating Russia’s trade patterns," Post-Communist Economies, Taylor & Francis Journals, vol. 28(3), pages 300-313, July.
    • Handle: RePEc:taf:pocoec:v:28:y:2016:i:3:p:300-313
    DOI: 10.1080/14631377.2016.1184427
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    References listed on IDEAS

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    1. Iwasaki, Ichiro & Suganuma, Keiko, 2013. "A Gravity Model of Russian Trade: The Role of Foreign Direct Investment and Socio-Cultural Similarity," RRC Working Paper Series 40, Russian Research Center, Institute of Economic Research, Hitotsubashi University.
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    Cited by:

    1. Ehsan Rasoulinezhad, 2018. "A new evidence from the effects of Russia’s WTO accession on its foreign trade," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 8(1), pages 73-92, April.

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