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Import substitution of investment goods in Russia

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  • P. Pavlov
  • A. Kaukin

Abstract

This paper investigates the sensitivity of the demand for imported capital goods to the influence of various factors of the investment dynamics with the aim to generate evidence-based recommendations for the import substitution policy in the Russian Federation. It provides a forecast of the dynamics of the demand for imported machinery, equipment, components and vehicles in various macroeconomic scenario conditions. The article estimates the influence of the EU and US sectoral sanctions on the volume of Russian imports of investment goods. We characterize different approaches to the import substitution policy in the Russian Federation and conditions for their implementation.

Suggested Citation

  • P. Pavlov & A. Kaukin, 2017. "Import substitution of investment goods in Russia," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 8.
    • Handle: RePEc:nos:voprec:y:2017:id:35
    DOI: 10.32609/0042-8736-2017-8-92-103
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    Cited by:

    1. 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.
    2. B. Gashi & G. Asllani & L. Boqolli, 2018. "The Effect of Tax Structure in Economic Growth," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 56-67.

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