Impact оf Quality Changes in Merchandise Exports on the Russian Economic Growth in 2014-2016

Subject. After the recent papers of leading economists on the Russian economy, the Author examines the influence of external factors of 2014-2016 on the merchandise export structure quality and on the Russian economic growth through the prism of the “Dutch decease” impact. Purpose. The research was...

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Main Author: Pavel A. Biryukov
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2018-04-01
Series:Мир новой экономики
Subjects:
Online Access:https://wne.fa.ru/jour/article/view/159
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author Pavel A. Biryukov
author_facet Pavel A. Biryukov
author_sort Pavel A. Biryukov
collection DOAJ
description Subject. After the recent papers of leading economists on the Russian economy, the Author examines the influence of external factors of 2014-2016 on the merchandise export structure quality and on the Russian economic growth through the prism of the “Dutch decease” impact. Purpose. The research was focused on clarification whether the export structure quality improves or if the Russian economic growth model is becoming more sustainable after the mentioned events. Methods. The official data were subject to statistical processing in order to use some research methods designed by the author. There are new aggregation schemes for goods and destinations of foreign trade and the estimation of the financial attractiveness gradient of industries for investors. The application of the proposed methods makes it possible to derive qualitative indicators of non-commodity export and to assess its impact on the Russian economic growth. Results. The author shows that the qualitative estimations obtained by mainstream researchers could be greatly distorted without taking into account of some important commodity market features. So, the main result of this study is the initial hypothesis confirmation that the 2014 events pushed Russia’s exports towards improving the quality of its structure within the framework of specified definitions. Based on these results and some other publications, the author concludes that the Russian economy has the prerequisites for a transition to quality economic growth. The quantitative assessment of the transition to a new model of economic growth will require some further research on the topic.
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spelling doaj-art-2b45abc0ef1148d9be3b0ead478d1e042025-08-20T03:00:30ZrusGovernment of the Russian Federation, Financial UniversityМир новой экономики2220-64692220-78722018-04-01121223510.26794/2220-6469-2018-12-1-22-35159Impact оf Quality Changes in Merchandise Exports on the Russian Economic Growth in 2014-2016Pavel A. Biryukov0Higher School of EconomicsSubject. After the recent papers of leading economists on the Russian economy, the Author examines the influence of external factors of 2014-2016 on the merchandise export structure quality and on the Russian economic growth through the prism of the “Dutch decease” impact. Purpose. The research was focused on clarification whether the export structure quality improves or if the Russian economic growth model is becoming more sustainable after the mentioned events. Methods. The official data were subject to statistical processing in order to use some research methods designed by the author. There are new aggregation schemes for goods and destinations of foreign trade and the estimation of the financial attractiveness gradient of industries for investors. The application of the proposed methods makes it possible to derive qualitative indicators of non-commodity export and to assess its impact on the Russian economic growth. Results. The author shows that the qualitative estimations obtained by mainstream researchers could be greatly distorted without taking into account of some important commodity market features. So, the main result of this study is the initial hypothesis confirmation that the 2014 events pushed Russia’s exports towards improving the quality of its structure within the framework of specified definitions. Based on these results and some other publications, the author concludes that the Russian economy has the prerequisites for a transition to quality economic growth. The quantitative assessment of the transition to a new model of economic growth will require some further research on the topic.https://wne.fa.ru/jour/article/view/159economic modeldutch deceasestructural changesfundamental factorsnon-commodity exportfinancial attractiveness gradient of industries for investorthe impact of commodity market dynamics
spellingShingle Pavel A. Biryukov
Impact оf Quality Changes in Merchandise Exports on the Russian Economic Growth in 2014-2016
Мир новой экономики
economic model
dutch decease
structural changes
fundamental factors
non-commodity export
financial attractiveness gradient of industries for investor
the impact of commodity market dynamics
title Impact оf Quality Changes in Merchandise Exports on the Russian Economic Growth in 2014-2016
title_full Impact оf Quality Changes in Merchandise Exports on the Russian Economic Growth in 2014-2016
title_fullStr Impact оf Quality Changes in Merchandise Exports on the Russian Economic Growth in 2014-2016
title_full_unstemmed Impact оf Quality Changes in Merchandise Exports on the Russian Economic Growth in 2014-2016
title_short Impact оf Quality Changes in Merchandise Exports on the Russian Economic Growth in 2014-2016
title_sort impact оf quality changes in merchandise exports on the russian economic growth in 2014 2016
topic economic model
dutch decease
structural changes
fundamental factors
non-commodity export
financial attractiveness gradient of industries for investor
the impact of commodity market dynamics
url https://wne.fa.ru/jour/article/view/159
work_keys_str_mv AT pavelabiryukov impactofqualitychangesinmerchandiseexportsontherussianeconomicgrowthin20142016