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Beyond resource intensity: unveiling the determinants of Russian MNEs’ integration into global value chains
Post-Communist Economies. 2025. Vol. 37. No. 6. P. 533–553.
Kostiuchenko N., Deseatnicov I.
What are the main features of Russian multinational enterprises (MNEs) and how do they integrate in global value chains (GVCs) compared to their global counterparts? The main objective of this work is to unveil the key characteristics of Russian MNEs using firm-level data and placing the findings in the context of the theoretical debate about the role of productivity in outward foreign direct investment (FDI). Contrary to the prevailing belief that Russian MNEs are highly resource intensive with low productivity, our analysis of firm level data from 10,896 domestic firms and MNEs for the period 2010–2019 shows that total factor productivity (TFP) is a significant determinant in the internationalization of these firms. Both the propensity to become multinational and the likelihood of expanding in the global markets are strongly correlated with TFP. We believe that these findings offer a more nuanced perspective about Russian MNEs, contributing valuable insights for both academic and policy considerations.
Gokhberg L., Abdrakhmanova G., Kutsenko E. et al., Вопросы статистики 2026 Т. 33 № 4 С. 5–20
This article examines the methodological and practical issues associated with the transition to the new edition of the All-Russian Classifier of Economic Activities (OKVED) – OKVED3. The relevance of the study stems from the need to reflect contemporary structural changes in the economy, related to the transformation of the existing economic activities and emergence of ...
Added: September 15, 2026
Makarov I. A., Россия в глобальной политике 2026 Т. 24 № 4 (140) С. 164–182
Три с половиной года остаётся до 2030-го – окончания срока реализации Целей устойчивого развития (ЦУР) – главной международной инициативы, устанавливающей долгосрочные ориентиры для будущего человечества. Уже очевидно, что она провалилась: преодоление бедности, решение экологических проблем и построение инклюзивного и справедливого общества остались красивой мечтой. Кто-то может воспринимать ЦУР как памятник человеческой наивности. Но надо понимать, что эта ...
Added: September 14, 2026
Fedorova E., Ledyaeva S., Stepanov V., International Review of Economics and Finance 2026
This study investigates the influence of low-quality information, specifically fake news, on short
term stock returns, contributing to the discourse on signal theory and behavioral economics.
Employing a machine learning approach, the authors developed a robust fake news dataset from
publicly available sources. Sentiment analysis was conducted using a FinBERT model fine-tuned
for stock market contexts, alongside extensive dataset ...
Added: September 12, 2026
Карпова Д. А., Sizova I., Gordin V. E., Креативные индустрии 2026 Т. 2 № 2 С. 10–31
This article examines the musealisation of industrial heritage and its role in regional and corporate branding. The relevance of this study stems from deindustrialisation processes, the growth of industrial tourism, and the need to preserve historical memory, which is particularly important in the context of Russian realities—the lack of a legal definition of the concept ...
Added: September 9, 2026
Veselova L. S., Морозова В. С., Дарчиева А. А., Управленец 2026 Vol. 17 No. 4 P. 66–78
На фоне развивающихся торгово-экономических отношений между Россией и Китаем российские десерт- ные бренды получают новые возможности для выхода на китайский рынок. Однако их присутствие ограничено преи- мущественно приграничными регионами, а продвижение сдерживается недостаточной адаптацией к социокультурным особенностям китайских потребителей. Статья посвящена разработке практических рекомендаций по формированию стратегии адаптации российских десертных брендов к специфике китайского рынка. ...
Added: September 9, 2026
Kilinc-Ata N., Warong M. M., SN Business & Economics 2026 Vol. 6 Article 326(2026)
Green transitions are widely expected to attract cleaner capital and accelerate decarbonization; however, emerging-economy evidence increasingly challenges this assumption. This study examines the dynamic relationship between energy transition indicators and capital inflows in BRICS+ economies over the period 1996–2022, explicitly testing the “Green Haven” hypothesis under conditions of global uncertainty. Unlike much of the existing ...
Added: September 9, 2026
Warong M. M., International Journal of Diplomacy and Economy 2026
This study conducted in Indonesia between 2000 and 2023, demonstrates a complex, non-linear interplay between the economic environment and the emergence of clean energy start-ups. Using Autoregressive Distributed Lag and Markov Switching models, the research shows that start-up formation coincides with periods of lower GDP growth, suggesting that innovation is often spurred by necessity. Two ...
Added: September 9, 2026
Кореневский В. В., Экономика и математические методы 2026 Т. 25 № 3 С. 853–878
The US presidential election is a lengthy and complex process, during which candidates present their views and programs for reforming the country's politics and economy, while mass media broadcast these positions to a wide audience. In the most recent election, the topic of cryptocurrencies was used in the campaign for the electorate for the first ...
Added: September 8, 2026
Veselova A., Dikova D., Aray Y., Asia Pacific Journal of Management 2026
We examine board of directors’ gender diversity and corporate social responsibility (CSR) disclosure of Russian firms, and test for their effects on the market valuation of these firms. The Russian context is unique because gender disparity of boards and top management remains high in Russia due to historical legacy, absence of specific diversity-promoting regulations and ...
Added: September 8, 2026
Fedyunina A., Drapkin I. M., Simachev Y. V., Area Development and Policy 2026
Trade sanctions generate asymmetric shocks in developing economies, reshaping their integration into global value chains (GVCs). Using a gravity framework covering 68 developing countries over the period 2000–2021, this paper examines how sanctions affect forward and backward GVC linkages. We find that sanctions significantly reduce both dimensions of GVC participation: backward linkages suffer deeper and ...
Added: August 10, 2026
Bessonova E., Russian Journal of Economics 2026 Vol. 12 No. 2 P. 153–175
This paper analyzes total factor productivity (TFP) in Russia over 2009–2015 using firm-level data. Stochastic frontier analysis is employed to simultaneously estimate TFP growth and the distance to the production-possibility frontier for each firm in the sample. The results suggest significant positive rates of technological progress; however, the gap between technological frontier firms and laggards widened over ...
Added: June 30, 2026
Канихин Т. Н., Вестник Московского университета. Серия 6: Экономика 2026 Т. 61 № 1 С. 264–282
The article examines the attraction of foreign direct investment (FDI) to the renewable energy sector (RES) of the EU. The research aims to identify the factors and evaluate possible strategies for attracting FDI to the EU renewable energy sector. The author assumes that, with rising costs of Chinese equipment imports and shifts in US energy ...
Added: June 28, 2026
Biryukova O. V., Жаронкина Д. В., Вопросы экономики 2026 № 3 С. 25–43
The article analyzes the state and dynamics of China’s service sector development as a key factor in enhancing the country’s international competitiveness. The study examines the parameters of China’s participation in international trade in services, which still lags significantly behind trade in goods. Nevertheless, the country places great emphasis on trade in services for a range of strategic, economic, and ...
Added: March 11, 2026
Drapkin I. M., Simachev Y. V., Fedyunina A. et al., Журнал Новой экономической ассоциации 2025 № 4(69) С. 151–172
В последние годы кратное увеличение применения международных санкций вызвало интерес к оценке их эффектов. В данном исследовании анализируется влияние финансовых санкций ООН на участие стран в глобальных цепочках создания стоимости (ГЦСС). Исследование выполнено методом синтетического контроля для стран, попавших под финансовые санкции в период с 1995 по 2018 годы. Рассмотрены санкции против 9 развивающихся экономик, ...
Added: November 11, 2025
I. Ali, Jonas A., Управленческие науки 2025 Vol. 15 No. 1 P. 20–35
This study examines the impact of foreign direct investment (FDI), trade, and various macroeconomic factors on GDPgrowth in China over the period 1982–2022. By Employing the Autoregressive Distributed Lag (ARDL) model, theresearch investigates the dynamic interplay between GDP growth and fifteen independent variables, including FDI, exports, trade, total debt, and real interest rates. The Augmented ...
Added: October 4, 2025
Selezneva A., Veselova A., Управленец 2025 Vol. 16 No. 4 P. 87–100
In response to “disruptive market shifts,” companies can initiate transformation processes to cope with ever-increasing competition, changing customer demands, increasing regulatory pressure, and other factors. At the same time, the transformation of business models (BM) under institutional pressures and their consequences have not been sufficiently studied. The purpose of the study is to identify the ...
Added: September 20, 2025
Sikachev A., Veselova A., Управленец 2026 Vol. 17 No. 1 P. 65–83
As small and medium-sized enterprises (SMEs) strive for expansion beyond their domestic borders, the appeal of international markets is undoubtedly attractive. However, there are often numerous obstacles to this journey, which can be complex for companies without experience in international expansion. This article aims to fill the existing gap in the literature by thoroughly analyzing ...
Added: August 21, 2025
Matveev I., Anna Mishura, Post-Communist Economies 2025 Vol. 37 No. 6 P. 590–614
While globalised capitalism has enabled emerging market multinational enterprises (MNEs) to pursue ambitious internationalisation strategies, current deglobalization trends are calling these strategies into question. In this article, we examine how Russian MNEs have adapted their internationalisation efforts to the new climate of geopolitical conflict. Geopolitical factors have acted as a ceiling, forcing Russian MNEs to ...
Added: May 20, 2025
Vladimir B., Современная Европа 2025 № 2(130) С. 65–78
Thе article examines the specifics of the EU countries’ practices of insuring foreign investment from political risks through the lens of international development agenda. It consecutively identifies the institutional aspects of relevant activities, objectives and conditions of foreign investment insurance or guarantees, scale and geographical scope of coverage, as well as the trends that have ...
Added: May 14, 2025
Vladimir B., Современная мировая экономика 2024 Т. 2 № 4 С. 6–23
A mitigation of political risks is a pre-requisite for an effective mobilization of private capital which is expected to play an important role in financing Sustainable Development Goals. However, the issue of measuring the effect of various financial and non-financial tools on such risks has not been addressed properly on a conceptual or technical level. ...
Added: April 3, 2025
Sikachev A., Ymer 2025 No. 3 P. 1064–1081
This article examines how digital maturity can enhance the resilience of small and medium-sized enterprises (SMEs) within the dynamic institutional environment of emerging economies. Using in-depth interviews from two companies—a transportation business reliant on physical infrastructure and an online travel agency built around digital platforms—the study finds that enterprises dependent on capital-intensive assets face greater ...
Added: March 26, 2025
Klochko O., Современная мировая экономика 2023 Т. 1 № 3 С. 113–128
The article is devoted to the study of current trends in the regulation of foreign direct investment (FDI), caused by ongoing changes in the interaction of individual countries of the world and their groupings. The tools and approaches of Russia and key countries participating in the global FDI market to regulate not only inward but ...
Added: October 30, 2024
Mozias P., Социальные и гуманитарные науки. Отечественная и зарубежная литература. Серия 9: Востоковедение и африканистика 2024 № 3 С. 112–140
Более половины от общего числа существующих в мире свободных экономических зон приходится на долю Китая. Китайский зональный опыт воплощает в себе и специфику этой страны, и универсальные, общемировые тренды. Создание всё новых зон отражает как общегосударственные структурные приоритеты, так и острое соперничество местных правительств между собой за ресурсы и фискальные доходы. ...
Added: October 11, 2024
Медведев И. Д., Кривенко Г. И., Проблемы прогнозирования 2024 № 1 С. 157–167
The study examines the reasons for the disruption of macrofinancial stability in developing countries, focusing on the abrupt expansion of foreign direct investment (FDI) inflows. An integral index of macrofinancial overheating using a data panel for 79 co untries for the period 1990–2020 is constructed. On its basis, using the signaling approach methodology, threshold levels of various variables are ...
Added: September 10, 2024