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Export diversification in the product space and regional growth: Evidence from Russia

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  • Sergey Kadochnikov
  • Anna Fedyunina

Abstract

This study investigates the relationship between export structure and economic growth in Russian regions. We hypothesize that it is not industry variety per se but the variety of related industries located relatively close to each other in the product space that significantly contributes to economic growth in Russian regions. The empirical analysis presented in the paper confirms that the density of the product space around the products for which a region had a comparative advantage determined the economic development in Russian regions in the 2003-2008 period. We conclude that the presence of a local related variety of industries in a region is one of the most important regional factors in economic development.

Suggested Citation

  • Sergey Kadochnikov & Anna Fedyunina, 2013. "Export diversification in the product space and regional growth: Evidence from Russia," Papers in Evolutionary Economic Geography (PEEG) 1327, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Dec 2013.
  • Handle: RePEc:egu:wpaper:1327
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    File URL: http://econ.geo.uu.nl/peeg/peeg1327.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    export; economic growth; Russian regions;

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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