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Winners and losers in terms of trade lottery for Russian industry

Author

Listed:
  • Georgiy Idrisov

    (Gaidar Institute for Economic Policy)

Abstract

Russian manufacturing industrial development in late 2014 – early 2015 has been splitted: depending on the output dynamics industries may be divided into two groups. One group (the “losers”) shows a stagnating dynamics in spite of the substantial price growth caused by the exchange rate pass-through, whereas the other group (the “winners”) has a positive dynamics with the compatible price growth. The main characteristics for that splitting are the import dependence and export orientation. Industries that depend heavily on imports and supply products only to domestic market suffer most.

Suggested Citation

  • Georgiy Idrisov, 2015. "Winners and losers in terms of trade lottery for Russian industry," Russian Economic Development, Gaidar Institute for Economic Policy, issue 4, pages 26-28, April.
    • Handle: RePEc:gai:recdev:497
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    More about this item

    Keywords

    Russian economy; Russian foreign trade; terms of trade;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration

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