Preview

Voprosy Ekonomiki

Advanced search
Open Access Open Access  Restricted Access Subscription Access

The export-oriented import substitution potential in the agro-industrial complex of the EAEU

https://doi.org/10.32609/0042-8736-2019-4-74-89

Abstract

The paper analyzes the possibilities of improving the Russian policy of import substitution using the potential of the EAEU. A concrete analysis was carried out for the branches of the agro-industrial complex, where the greatest success was achieved in import substitution. There is a need for smart selective import substitution, the most important direction of which is the export-oriented one. This will improve the competitiveness of Russia and the EAEU as a whole in the global economy and will also promote the deepening of mutual ties of the EAEU countries. The main ways of solving this problem are shown.

About the Authors

Boris A. Kheyfets
Financial University under the Government of the Russian Federation; Institute of Economics, Russian Academy of Sciences
Russian Federation
Moscow


Veronica Yu. Chernova
RUDN University
Russian Federation
Moscow


References

1. Andronova I. (2016). Eurasian Economic Union: Opportunities and barriers to regional and global leadership. Vestnik Mezhdunarodnykh Organizatsyi, No. 2, pp. 7—23. (In Russian).

2. Berezinskaya O., Vedev A. (2015). Dependency of the Russian industry on imports and the strategy of import substitution industrialization. Voprosy Ekonomiki, No. 1, pp. 103—115. (In Russian). https://doi.org/10.32609/0042-8736-2015-1-103-115

3. Vinokurov E. (2015). Eurasian Economic Union will promote import substitution. Journal of Eurasian Economic Integration, No. 1, pp. 90—94. (In Russian).

4. Volchkova N., Turdyeva N. (2016). Microeconomics of Russian import substitution. Journal of the New Economic Association, No. 4 (32), pp. 140—146. (In Russian).

5. Golubev A. (2015). Shadow side of import substitution. APK: Ekonomika i Upravlenie, No. 12, pp. 10—16. (In Russian).

6. Zagashvili V. (2016). Foreign experience of import substitution and possible conclusions for Russia. Voprosy Ekonomiki, No. 8, pp. 137—148. (In Russian). https://doi.org/10.32609/0042-8736-2016-8-137-148

7. Idrisov G. (2015). The winners and losers: The effects of changing terms of trade for Russian industry. Ekonomicheskoe Razvitie Rossii, No. 4, pp. 26—29. (In Russian).

8. Idrisov G., Ponomareva E. (2015). The policy of import substitution and the competitiveness of the Russian economy. Ekonomicheskoe Razvitie Rossii, No. 10, pp. 64—66. (In Russian).

9. Kadochnikov P. (2015). Prospective issues of expanding Russia’s participation in global value chains. Rossiyskiy Vneshneekonomicheskiy Ves t ni k, No. 2, pp. 8—13. (In Russian).

10. Kadochni kov P., Knobel A., Sinelnikov-Murylev S. (2016). Openness of the Russian economy as a source of economic growth. Voprosy Ekonomiki, No. 12, pp. 26—42. (In Russian). https://doi.org/10.32609/0042-8736-2016-12-26-42

11. Knobel A. (2015). Eurasian Economic Union: Prospects and challenges for development. Voprosy Ekonomiki, No. 3, pp. 87—108. (In Russian). https://doi.org/10.32609/0042-8736-2015-3-87-108

12. Manturov D., Nikitin G., Osmakov V. (2016). The Russian government approach to import substitution planning in industry. Voprosy Ekonomiki, No. 9, pp. 40—49. (In Russian). https://doi.org/10.32609/0042-8736-2016-9-40-49

13. Pavlov P., Kaukin A. (2017). Import substitution of investment goods in Russia. Voprosy Ekonomiki, No. 8, pp. 92—103. (In Russian). https://doi.org/10.32609/0042-8736-2017-8-92-103

14. Kheyfets B. (2014). On the free investment zone of the Eurasian Economic Union. Voprosy Ekonomiki, No. 8, pp. 26—40. (In Russian). https://doi.org/10.32609/0042-8736-2014-8-26-40

15. Kheyfets B. (2016). Import substitution and competitiveness. Rossiya i Sovremennyi Mir, No. 2, pp. 6—21. (In Russian).

16. Frumkin B. (2015). Russian agricultural sector in the “war of sanctions”. Voprosy Ekonomiki, No. 12, pp. 147—153. (In Russian). https://doi.org/10.32609/0042-8736-2015-12-147-153

17. CIS EDB (2017). Eurasian economic integration-2017. St. Petersburg: EDB Centre for Integration Studies.

18. Aris B. (2017). Russia’s import substitution has not been a great success. The Moscow Times. October 13. https://themoscowtimes.com/articles/russias-import-substitution-has-not-been-59267

19. Baldwin J., Yan B. (2014). Global value chains and the productivity of Canadian manufacturing firms (Economic Analysis Research Paper Series). Ottawa: Statistics Canada.

20. Brülhart M., McAleese D. (1995). Intra-industry trade and industrial adjustment: The Irish experience. The Economic and Social Review, Vol. 26, No. 2, pp. 107—129.

21. Görg H., Hanley A., Strobl E. (2008). Productivity effects of international outsourcing: Evidence from plant level data. Canadian Journal of Economics, Vol. 41, No. 2, рр. 670—688.

22. Grubel H., Lloyd P. (1975). Intra-industry trade: The theory and measurement of international trade with differentiated product. London: Macmillan.

23. Grubel H., Lloyd P. (2007). The empirical measurement of intra-industry trade. Economic Record, Vol. 47, No. 4, рр. 494—517.

24. Ullrich K. (2017). Russia — import substitution during recession. KfW Research, No. 173, 29 June. https://www.kfw.de/PDF/Download-Center/Konzernthemen/Research/PDF-Dokumente-Fokus-Volkswirtschaft/Fokus-englische-Dateien/Fokus-2017-EN/Fokus-No.-173-June-2017-Russia-emerging-from-recession.pdf


Review

For citations:


Kheyfets B.A., Chernova V.Yu. The export-oriented import substitution potential in the agro-industrial complex of the EAEU. Voprosy Ekonomiki. 2019;(4):74-89. (In Russ.) https://doi.org/10.32609/0042-8736-2019-4-74-89

Views: 1420


ISSN 0042-8736 (Print)