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The economy of Russia in multipolar world

Author

Listed:
  • Valentina Lapo

    (Siberian Federal University, Krasnoyarsk, Russia)

Abstract

There have been several poles of development: USA, Europe, and China are formatted in the world economy. How does the multipolar world economy influence the Russian economy’s development? The studies based on the main results of new economic geography and gravity theory concerning the spatial concentration of production in the economy of countries and large regions. We propose the econometric model of industrial production, employment, investment, and income under expectation about the multipolar world economy. Results of estimation give proof to significant influence of world economic poles on development of the Russian economy.

Suggested Citation

  • Valentina Lapo, 2013. "The economy of Russia in multipolar world," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 30(2), pages 26-48.
  • Handle: RePEc:ris:apltrx:0208
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    References listed on IDEAS

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    7. Valentina Lapo, 2010. "Spatial concentration of production and investor expectations: the analysis of branch attraction of investments into regions," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 18(2), pages 3-19.
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    Cited by:

    1. Valentina Lapo, 2014. "Efficiency of investment stimulation methods in a timber industry complex: An econometric research," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 33(1), pages 30-50.

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    Keywords

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    JEL classification:

    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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