IDEAS home Printed from https://ideas.repec.org/a/acl/journl/y2026id890.html

Assessment of Involvement of Countries of Greater Eurasian Partnership into Foreign Trade Interaction

Author

Listed:
  • E. L. Andreeva

  • P. V. Ilyasov

Abstract

Transformation of global economic relations presupposes reconsideration of approaches to assessment of foreign economic interaction of countries towards more flexible and soft formats, as, for example, partnership, including the Greater Eurasian partnership (GEP) initiated 2015 by the Russian President V. V. Putin. The goal of study is to conduct complex analysis of involvement of GEP countries into international trade and investment processes with use of econometric instruments in order to strengthen the interaction within GEP. The study is based on panel and paired data on 18 GEP countries for 2000–2024, presented in databases of international organizations (UNCTAD, World Bank, IMF, WTO, WIPO, UN Comtrade). The tools of a multilevel econometric model, including a gravity trading model, were used as the methodological basis of the study. An expanded gravity model of trade has been applied, taking into account economic size, distance, and institutional factors, and a multilevel econometric model analyzing the impact of trade, FDI, and technological readiness on the balance of payments for the period 2000–2024. The authors conclude that GEP has an integration potential, but it has a number of logistical and institutional barriers. Econometric calculations have confirmed that export concentration and import diversification are associated with increased integration, while logistical difficulties and limited trade agreements are associated with a slowdown. The development of GEP is facilitated by the activation of regional agreements.

Suggested Citation

  • E. L. Andreeva & P. V. Ilyasov, 2026. "Assessment of Involvement of Countries of Greater Eurasian Partnership into Foreign Trade Interaction," International Trade and Trade Policy, ФГБОУ ВО "Ð Ð¾Ñ Ñ Ð¸Ð¹Ñ ÐºÐ¸Ð¹ Ñ ÐºÐ¾Ð½Ð¾Ð¼Ð¸Ñ‡ÐµÑ ÐºÐ¸Ð¹ ÑƒÐ½Ð¸Ð²ÐµÑ€Ñ Ð¸Ñ‚ÐµÑ‚ им. Г.Ð’. Плеханова", vol. 12(2).
    • Handle: RePEc:acl:journl:y:2026:id:890
    DOI: 10.21686/2410-7395-2026-2-58-77
    as

    Download full text from publisher

    File URL: https://mttp.rea.ru/jour/article/viewFile/890/572
    Download Restriction: no
    File URL: https://libkey.io/10.21686/2410-7395-2026-2-58-77?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Bergstrand, Jeffrey H, 1985. "The Gravity Equation in International Trade: Some Microeconomic Foundations and Empirical Evidence," The Review of Economics and Statistics, MIT Press, vol. 67(3), pages 474-481, August.
    2. Anderson, James E, 1979. "A Theoretical Foundation for the Gravity Equation," American Economic Review, American Economic Association, vol. 69(1), pages 106-116, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rinaldo Brau & Anna Maria Pinna, 2013. "Movements of People for Movements of Goods?," The World Economy, Wiley Blackwell, vol. 36(10), pages 1318-1332, October.
    2. Thomas L. Vollrath & Mark J. Gehlhar & Charles B. Hallahan, 2009. "Bilateral Import Protection, Free Trade Agreements, and Other Factors Influencing Trade Flows in Agriculture and Clothing," Journal of Agricultural Economics, Wiley Blackwell, vol. 60(2), pages 298-317, June.
    3. Michele Fratianni & Francesco Marchionne, 2011. "The Limits to Integration," Chapters, in: Miroslav N. Jovanović (ed.), International Handbook on the Economics of Integration, Volume I, chapter 9, Edward Elgar Publishing.
    4. Costantini, Valeria & Mazzanti, Massimiliano, 2012. "On the green and innovative side of trade competitiveness? The impact of environmental policies and innovation on EU exports," Research Policy, Elsevier, vol. 41(1), pages 132-153.
    5. Joras Ferwerda & Mark Kattenberg & Han-Hsin Chang & Brigitte Unger & Loek Groot & Jacob A. Bikker, 2013. "Gravity models of trade-based money laundering," Applied Economics, Taylor & Francis Journals, vol. 45(22), pages 3170-3182, August.
    6. Jeffrey H. Bergstrand & Scott L. Baier, 2010. "An Evaluation of Swiss Free Trade Agreements Using Matching Econometrics," Aussenwirtschaft, University of St. Gallen, School of Economics and Political Science, Swiss Institute for International Economics and Applied Economics Research, vol. 65(3), pages 239-250, September.
    7. Subrata Ghatak & Andromachi S. Piperakis, 2007. "The impact of Eastern European immigration to UK trade," Economics Discussion Papers 2007-3, School of Economics, Kingston University London.
    8. Vicente Pinilla & Agustina Rayes, 2017. "Why did Argentina become a super-exporter of agricultural and food products during the Belle Époque (1880-1929)?," Working Papers 0107, European Historical Economics Society (EHES).
    9. Dhar, Sumana & Panagariya, Arvind, 1994. "Is East Asia less open than North America and the European Economic Community? No," Policy Research Working Paper Series 1370, The World Bank.
    10. Rodolfo Campos & Mario Larch & Jacopo Timini & Elena Vidal & Yoto Yotov, 2024. "Does the WTO Promote Trade? A Meta-analysis," School of Economics Working Paper Series 2024-11, LeBow College of Business, Drexel University.
    11. Inmaculada Martínez-Zarzoso & Martina Vidovic & Anca M. Voicu, 2014. "EU-Accession Effects on Sectoral Trade: A Helpman-Melitz-Rubinstein Approach with Panel Data," CESifo Working Paper Series 4903, CESifo.
    12. Walid Hejazi, 2005. "Are Regional Concentrations of OECD Exports and Outward FDI Consistent with Gravity?," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 33(4), pages 423-436, December.
    13. Elisabeth Christen & Sandra Bilek-Steindl & Christian Glocker & Harald Oberhofer, 2016. "Austria 2025 – Austria's Competitiveness and Export Potentials in Selected Markets," WIFO Studies, WIFO, number 59182, March.
    14. Mutti, John & Grubert, Harry, 2004. "Empirical asymmetries in foreign direct investment and taxation," Journal of International Economics, Elsevier, vol. 62(2), pages 337-358, March.
    15. Marco Dueñas & Giorgio Fagiolo, 2013. "Modeling the International-Trade Network: a gravity approach," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 8(1), pages 155-178, April.
    16. Valenzuela-Klagges, Bárbara & Corvalán-Quiroz, Alejandro & Fuenzalida-O'Shee, Darcy, 2018. "Trade facilitation and its effects on Chile’s bilateral trade between 2006 and 2014," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    17. Thi Hanh Vu, 2013. "International Export Flows of Vietnam :A Gravity Model Approach," Brussels Economic Review, ULB -- Universite Libre de Bruxelles, vol. 56(1), pages 83-108.
    18. Michele FRATIANNI & Chang HOON HO, 2007. "On the Relationship Between RTA Expansion and Openness," Working Papers 288, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    19. Benedikt Heid & Frank Stähler, 2024. "Disentangling Frictions Across the World: Markups Versus Trade Costs," CESifo Working Paper Series 11420, CESifo.
    20. Ni, Guohua & Teng, Man & Su, Bin & Chen, Zhenling, 2024. "Impact of political relationships on virtual land flow from China's food trade," Socio-Economic Planning Sciences, Elsevier, vol. 96(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:acl:journl:y:2026:id:890. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Золотова Екатерина Владимировна (email available below). General contact details of provider: http://www.rea.ru/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.