Import and export of high-tech products in Russian manufacturing companies
The paper explores the relationship between the import of semi-finished products and means of production and the export of high-tech products in Russian manufacturing companies. The key question of the research is whether the export of high-tech products is connected with the import of complex components and semi-finished products. The study confirms that the export of high-tech products is determined by the import of high-tech semi-finished products for the export-intensive Russian manufacturing companies. The research does not find any relationship between the import of equipment and means of production and the export of high-tech products. This has important implications for Russia’s structural policy aimed at expanding exports of high-tech products. First, introducing protectionist measures in relation to the import of foreign components should take place gradually to allow companies to adapt to the new conditions. Secondly, they should proceed selectively in order to allow access of Russian exporters to critical components and means of production that have no Russian counterparts.
The global economy passes the COVID-19 related crises. For various projections, the output fall in Russia in 2020 will vary from 2 to 8 percent. So, in comparison with the crises of 1998 and 2008, the current shock can be more severe. In the upcoming years the Russian economy will pass the recovery stage, approaching the new balanced growth path. What proximate sources would push this growth?
With the neoclassical industry growth accounting and the Russia KLEMS dataset the present report aims to shed light on this, considering the growth patterns and sources of growth after the crises of 1998 and 2008. The report unveils the most important sources of the after-2008 stagnation in Russia, which are the decreasing efficiency of the extended oil and gas sector and the suspension of technology convergence. Since the recovery in Russia will be, most probably, caused by the increasing demand on energy and raw materials, driven by the recovery of global markets, policy implications for Russia should include efforts to improve efficiency in such export-oriented sectors, as oil and gas, and efforts, which aim to boost technology convergence such as backing export-oriented firms, which have been integrated to global value chains.
Two problems associated with the adequacy of traditional methods for describing the national economy as an object of study are considered. The first of them is due to the fact that technological progress leads to a decrease in the degree of representativeness of traditional macroeconomic indicators, i.e. to reduce the degree of representativeness of generally accepted methods of describing the economy. The second problem is related to the erosion of the borders of the national economy in connection with the processes of globalization, which leads to the fact that the national economy is gradually losing its representativeness as an object of study.
Problems of the Russian economy are under consideration.
This article is about the market conditions of the bank corporate loans’ modifications by the mean of historical analysis of Russian economies evolution.
The article reviews the main trends of “business patriotism tizma "in Russia. Then, in the light of identified trends, an assessment is given development potential of small and medium enterprises, the share of port substitution of goods of various categories, areas of investment online streams of Russian entrepreneurs.
The article describes the main features and parameters of the shadow economy, with a bird eye over Russian economy as an example. The description of the technological coefficient in the framework of V.K. Dmitrieff - W. Leontieff is given. Specific (originated from Political Economy) point of view as to relation of commodities - as (still) one of the key elements of an economic system - is formulated and established. .