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Trade specialisation patterns: The case of Russia

  • Algieri, Bernadina

    ()

    (University of Naples)

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    This paper considers trade specialisation in Russia, examining changes in trade patterns at the sectoral level over the transition period. Trade based on inter-industry specialisation and intra-industry trade (IIT) are empirically distinguished using the Aquino and Grubel-Lloyd indices. The Aquino index is applied to measure the degree of inter-industry specialisation by sector, while the Grubel-Lloyd index is used to establish the level of IIT between industries. The empirical results support recent trade theory, which predicts an increasing level of intra-industry trade with liberalisation processes. They also suggest how inter- and intra-industry trade coexist. The final econometric estimation of the factor content of Russia’s exports (specialisation in resource-intensive products) supports the index analysis.

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    File URL: http://www.suomenpankki.fi/bofit_en/tutkimus/tutkimusjulkaisut/dp/Documents/dp1904.pdf
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    Paper provided by Bank of Finland, Institute for Economies in Transition in its series BOFIT Discussion Papers with number 19/2004.

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    Length: 45 pages
    Date of creation: 31 Dec 2004
    Date of revision:
    Handle: RePEc:hhs:bofitp:2004_019
    Contact details of provider: Postal: Bank of Finland, BOFIT, P.O. Box 160, FI-00101 Helsinki, Finland
    Phone: + 358 10 831 2268
    Fax: + 358 10 831 2294
    Web page: http://www.suomenpankki.fi/bofit_en/
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    1. Donges, Juergen B. & Riedel, James, 1976. "The expansion of manufactured exports in developing countries: An empirical assessment of supply and demand issues," Kiel Working Papers 49, Kiel Institute for the World Economy.
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