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Technological Import Dependence of the Russian Economy: An Assessment Using Input–Output Tables

Author

Listed:
  • A. M. Kalinin

    (National Research University Higher School of Economics)

  • S. S. Koroteev

    (Business Solutions/SBS Consulting)

  • A. A. Krupin

    (Business Solutions/SBS Consulting)

  • A. V. Nefedov

    (Business Solutions/SBS Consulting)

Abstract

— The article analyzes the level of import dependence of Russian industry in relation to the supply of intermediate consumption products from China and in general from all countries of the world. The study was carried out during the period of the increasing spread of coronavirus infection in order to determine the industries that are potentially the most vulnerable to possible disruption of foreign trade. The information base for calculations is the official data on the volume and structure of Russia’s foreign trade and the input–output tables of the WIOD. As a result of calculations using several alternative models, it was found that Russian industry, even with significant integration into the world production chains, remains sufficiently resistant to local supply shocks. The analysis of import dependence in terms of imported raw materials and components can be used in the study of any shocks in foreign trade, it makes it possible to more accurately assess the effects of trade agreements or sanctions, as well as the effect of the devaluation of the national currency.

Suggested Citation

  • A. M. Kalinin & S. S. Koroteev & A. A. Krupin & A. V. Nefedov, 2021. "Technological Import Dependence of the Russian Economy: An Assessment Using Input–Output Tables," Studies on Russian Economic Development, Springer, vol. 32(1), pages 52-58, January.
  • Handle: RePEc:spr:sorede:v:32:y:2021:i:1:d:10.1134_s107570072101007x
    DOI: 10.1134/S107570072101007X
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    References listed on IDEAS

    as
    1. Berezinskaya, Olga (Березинская, Ольга) & Schelokova, Dina (Щёлокова, Дина), 2018. "Technological Dependence on Imports and Prospects for Import Substitution in Russian Industrial Production [Технологическая Зависимость От Импорта И Перспективы Импортозамещения В Российском Промыш," Working Papers 021802, Russian Presidential Academy of National Economy and Public Administration.
    2. A. R. Sayapova, 2018. "Quantitative Parameters of Global Value Chains in Macrostructural Forecasting," Studies on Russian Economic Development, Springer, vol. 29(6), pages 617-624, November.
    3. Valeriy V. Mironov & Liudmila D. Konovalova, 2019. "Structural changes and economic growth in the world economy and Russia," Russian Journal of Economics, ARPHA Platform, vol. 5(1), pages 1-26, April.
    4. A. A. Evstratov & A. M. Kalinin & S. G. Parsegov, 2016. "The use of input–output tables to forecast the effects of demand stimulation state policy," Studies on Russian Economic Development, Springer, vol. 27(1), pages 13-20, January.
    5. P. Pavlov & A. Kaukin., 2017. "Import substitution of investment goods in Russia," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 8.
    6. M. S. Gusev & A. A. Shirov & D. A. Polzikov & A. A. Yantovskii, 2018. "Global Trends of Restructuring Production and Income Worldwide and in Russia," Studies on Russian Economic Development, Springer, vol. 29(6), pages 607-616, November.
    7. Marcel P. Timmer & Erik Dietzenbacher & Bart Los & Robert Stehrer & Gaaitzen J. Vries, 2015. "An Illustrated User Guide to the World Input–Output Database: the Case of Global Automotive Production," Review of International Economics, Wiley Blackwell, vol. 23(3), pages 575-605, August.
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    10. V. V. Mironov & L. D. Konovalova., 2019. "On the relationship of structural changes and economic growth in the world economy and Russia," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 1.
    11. 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.
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