Arbeitspapier
Forecasting Russian foreign trade comparative advantages in the context of a potential WTO accession
This paper proposes a new approach of forecasting prospective comparative advantages based on relative prices differences between countries in the context of economic liberalization. An empirical analysis based on the example of Central and East European countries that have already passed the transition period from specialization mainly in natural resource- and labor-intensive goods to high-tech goods confirms a significant influence of our prospective advantages on comparative advantages dynamics. Using this method we identify a set of industries in Russia that seem to be most promising for formation of comparative advantages in the context of its economic liberalization and joining the WTO agreements. These industries include high and medium technological industries like machinery building, pharmaceutical products, railway transport, electronic and medical equipment.
- Sprache
-
Englisch
- Erschienen in
-
Series: MAGKS Joint Discussion Paper Series in Economics ; No. 2009,14
- Klassifikation
-
Wirtschaft
- Thema
-
comparative advantage
competitive advantage
economy in transition
Balassa index
Lafay index
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Savin, Ivan
Winker, Peter
- Ereignis
-
Veröffentlichung
- (wer)
-
Philipps-University Marburg, Faculty of Business Administration and Economics
- (wo)
-
Marburg
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Savin, Ivan
- Winker, Peter
- Philipps-University Marburg, Faculty of Business Administration and Economics
Entstanden
- 2009
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