Russia’s diversification prospects
作者: Lyubimov, Ivan
刊名: Russian Journal of Economics, 2019, Vol.5 , pp.177-198
来源数据库: Redaktsiya zhurnala Voprosy Ekonomiki
DOI: 10.32609/j.ruje.5.34753
关键词: Export diversificationEconomic complexityExport destinations.
原始语种摘要: The Russian economy heavily relies on exports of its natural resources. However, the resource-based status quo does not seem to be the route towards Russia’s long-run prosperity. To improve its position in the global income ranking, Russia needs to diversify its exports and make them more complex. Using highly detailed data on trade flows and applying network theory apparatus, we evaluate the level of export complexity in Russia from 1995 to 2016 and compare it with that of its BRICS fellow members. We find that Russia is stagnant with respects to its relative level of export complexity. This sluggishness embraced the entire period between 1995 and 2016, much longer than the stage of anemic growth that started there a decade ago. We also conclude that the current stock of know-how in...
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关键词翻译
关键词翻译
  • Russia 俄罗斯牌手表
  • diversify 多样化
  • resources 资源
  • income 收入
  • conclude 结论
  • applying 施加
  • economy 经济
  • stock 岩株
  • products 制品
  • complex 超群