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What beyond oil and gas ? Russian trade specialisation in manufactures

  • Olga Garanina


    (LEPII - Laboratoire d'Économie de la Production et de l'Intégration Internationale - CNRS - Grenoble 2 UPMF - Université Pierre Mendès France)

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    The objective of the paper is to study Russia's pattern of specialisation in the manufactures trade since 1998. Russia's global trade balance for manufactures is rapidly deteriorating. However, the trade pattern in manufactures should be differentiated according to Russia's main trading partners: the European Union (EU), the Commonwealth of Independent States (CIS) and China. On the basis of trade indicator analysis (revealed comparative advantages and Grubel-Lloyd index of intra-industry trade), we show that Russia is globally disadvantaged in the manufactures trade vis-à-vis the EU and China, and advantaged in the trade with the within the CIS. Russia is managing to expand its manufactured exports to other CIS countries. However, it is gradually losing its role of main supplier of capital goods in the post-Soviet space.

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    Paper provided by HAL in its series Post-Print with number halshs-00343419.

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    Date of creation: 2009
    Date of revision:
    Publication status: Published in Post Communist Economies, 2009, 21 (1), pp.1-29
    Handle: RePEc:hal:journl:halshs-00343419
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    1. Rudiger Ahrend, 2004. "Russian Industrial Restructuring: Trends in Productivity, Competitiveness and Comparative Advantage," OECD Economics Department Working Papers 408, OECD Publishing.
    2. Rudiger Ahrend & William Tompson, 2005. "Fifteen Years of Economic Reform in Russia: What has been Achieved? What Remains to be Done?," OECD Economics Department Working Papers 430, OECD Publishing.
    3. Corden, W Max & Neary, J Peter, 1982. "Booming Sector and De-Industrialisation in a Small Open Economy," Economic Journal, Royal Economic Society, vol. 92(368), pages 825-48, December.
    4. Rudiger Ahrend, 2006. "How to Sustain Growth in a Resource Based Economy?: The Main Concepts and their Application to the Russian Case," OECD Economics Department Working Papers 478, OECD Publishing.
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