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The Analysis of Foreign Trade Activities of Russia and Asia-pacific Region

Author

Listed:
  • Natalia Victorovna Kuznetsova

    (Far Eastern Federal University, Russia)

  • Ekaterina Victorovna Kocheva

    (Far Eastern Federal University, Russia)

  • Nikolay Anatolievich Matev

    (Far Eastern Federal University, Russia)

Abstract

The development of foreign trade policy, adequate to market principles of functioning of the Russian economy and its consecutive integration to the world economy poses a major challenge for the researchers: The potential identifying for the increasing of mutual trade flows and their further integration. To assess the dynamics of foreign economic relations, we used the indicators of economic openness and the importance of mutual trade. In order of modeling the trade and economic integration of Far Eastern Federal District and the countries of Asia-pacific region, we used gravity models in this study. Consequently, there have been built six gravity models that characterize the dependence of Russian Far Eastern export and import on countries of Asia-pacific region for each period of the study. Design and the analysis of gravity models have revealed patterns of Far Eastern Federal District with Asia-Pacific countries as well as with the individual partner countries of the district. The dynamics of gravitational interactions defining the factors' relations is determined

Suggested Citation

  • Natalia Victorovna Kuznetsova & Ekaterina Victorovna Kocheva & Nikolay Anatolievich Matev, 2016. "The Analysis of Foreign Trade Activities of Russia and Asia-pacific Region," International Journal of Economics and Financial Issues, Econjournals, vol. 6(2), pages 736-744.
    • Handle: RePEc:eco:journ1:2016-02-50
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    References listed on IDEAS

    as
    1. Chase, Kerry A., 2003. "Economic Interests and Regional Trading Arrangements: The Case of NAFTA," International Organization, Cambridge University Press, vol. 57(1), pages 137-174, January.
    2. Ernst, Dieter, 1997. "Partners For The China Circle? The Asian Production Networks Of Japanese Electronics Firms," UCAIS Berkeley Roundtable on the International Economy, Working Paper Series qt5215p84k, UCAIS Berkeley Roundtable on the International Economy, UC Berkeley.
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    Cited by:

    1. Paolo Bartesaghi & Gian Paolo Clemente & Rosanna Grassi, 2020. "Community structure in the World Trade Network based on communicability distances," Papers 2001.06356, arXiv.org, revised Jul 2020.
    2. Paolo Bartesaghi & Gian Paolo Clemente & Rosanna Grassi, 2022. "Community structure in the World Trade Network based on communicability distances," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 17(2), pages 405-441, April.
    3. Mahmood, Haider & Alkhateeb, Tarek Tawfik Yousef & Maalel, Nabil, 2017. "Egyptian Intra Agriculture Trade with Common Market for Eastern and Southern Africa Trading Partners: A Gravity Model," MPRA Paper 109145, University Library of Munich, Germany.

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    More about this item

    Keywords

    Foreign Trade Turnover; Gravity Models; Export; Import; Asia-pacific Region; Modeling; Trade and Economic Integration;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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