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Working paper

Переход к рынку в России и его влияние на международную интеграцию

Бабецкая-Кухарчук О., Морель М.
This paper asks the question of the impact of institutions on trade and aims at estimating the potential for trade increase between Russia and the World. The latter is computed using the gravity equation in the framework proposed by Anderson and van Wincoop (2003). It is shown that trade between CIS and EU countries is well below the norm implied by the gravity equation, which implies that there is still room for trade increase with the EU.