The Impact of the Development of E-Commerce on Inflation in Russia
Over the past few years in Russia and the world there has been a rapid development of goods and services e-commerce. Therefore, an issue of inflationary consequences of the process of e-commerce growth is topical. The subject of this research is the impact of the development of e-commerce on inflati...
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| Format: | Article |
| Language: | Russian |
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Government of the Russian Federation, Financial University
2023-08-01
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| Series: | Финансы: теория и практика |
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| Online Access: | https://financetp.fa.ru/jour/article/view/2316 |
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| author | A. M. Grebenkina M. N. Kuznetsova Е. V. Sinelnikova-Muryleva |
| author_facet | A. M. Grebenkina M. N. Kuznetsova Е. V. Sinelnikova-Muryleva |
| author_sort | A. M. Grebenkina |
| collection | DOAJ |
| description | Over the past few years in Russia and the world there has been a rapid development of goods and services e-commerce. Therefore, an issue of inflationary consequences of the process of e-commerce growth is topical. The subject of this research is the impact of the development of e-commerce on inflation. The purpose of the paper to identify key theoretical mechanisms of e-commerce development influence on inflation, in addition to empirically verify the presence of the de-inflation effect on Russian data. The paper bases on methods of systematization, descriptive analysis, panel data econometric analysis. Also systematize basic mechanisms of e-commerce influence and provide empirical evidence for the disinflationary effect of ecommerce in Russian regions as a result of the study. The study concludes that e-commerce causes predominantly downward pressure on prices and inflation. Econometric analysis confirms this effect on Russian regions data in 2014–2020. The scientific novelty of the research lies in systematization of channels of e-commerce influence on various spheres of economy and confirmation of disinflationary effect of e-commerce using Russian data. The study’s recommendation is to consider the aspect of price reduction pressure in Russia’s monetary policy during the further spread of e-commerce. |
| format | Article |
| id | doaj-art-ccc6406f694349fcbdb846b6798c0dab |
| institution | DOAJ |
| issn | 2587-5671 2587-7089 |
| language | Russian |
| publishDate | 2023-08-01 |
| publisher | Government of the Russian Federation, Financial University |
| record_format | Article |
| series | Финансы: теория и практика |
| spelling | doaj-art-ccc6406f694349fcbdb846b6798c0dab2025-08-20T03:00:42ZrusGovernment of the Russian Federation, Financial UniversityФинансы: теория и практика2587-56712587-70892023-08-0127419420510.26794/2587-5671-2023-27-4-194-2051070The Impact of the Development of E-Commerce on Inflation in RussiaA. M. Grebenkina0M. N. Kuznetsova1Е. V. Sinelnikova-Muryleva2Russian Presidential Academy of National Economy and Public Administration (RANEPA); Lomonosov Moscow State UniversityRussian Presidential Academy of National Economy and Public Administration (RANEPA)Institute of Applied Economic Research (IPER), Russian Presidential Academy of National Economy and Public Administration (RANEPA)Over the past few years in Russia and the world there has been a rapid development of goods and services e-commerce. Therefore, an issue of inflationary consequences of the process of e-commerce growth is topical. The subject of this research is the impact of the development of e-commerce on inflation. The purpose of the paper to identify key theoretical mechanisms of e-commerce development influence on inflation, in addition to empirically verify the presence of the de-inflation effect on Russian data. The paper bases on methods of systematization, descriptive analysis, panel data econometric analysis. Also systematize basic mechanisms of e-commerce influence and provide empirical evidence for the disinflationary effect of ecommerce in Russian regions as a result of the study. The study concludes that e-commerce causes predominantly downward pressure on prices and inflation. Econometric analysis confirms this effect on Russian regions data in 2014–2020. The scientific novelty of the research lies in systematization of channels of e-commerce influence on various spheres of economy and confirmation of disinflationary effect of e-commerce using Russian data. The study’s recommendation is to consider the aspect of price reduction pressure in Russia’s monetary policy during the further spread of e-commerce.https://financetp.fa.ru/jour/article/view/2316e-commerceinflationmonetary policydisinflationary effectdownward pressure on prices |
| spellingShingle | A. M. Grebenkina M. N. Kuznetsova Е. V. Sinelnikova-Muryleva The Impact of the Development of E-Commerce on Inflation in Russia Финансы: теория и практика e-commerce inflation monetary policy disinflationary effect downward pressure on prices |
| title | The Impact of the Development of E-Commerce on Inflation in Russia |
| title_full | The Impact of the Development of E-Commerce on Inflation in Russia |
| title_fullStr | The Impact of the Development of E-Commerce on Inflation in Russia |
| title_full_unstemmed | The Impact of the Development of E-Commerce on Inflation in Russia |
| title_short | The Impact of the Development of E-Commerce on Inflation in Russia |
| title_sort | impact of the development of e commerce on inflation in russia |
| topic | e-commerce inflation monetary policy disinflationary effect downward pressure on prices |
| url | https://financetp.fa.ru/jour/article/view/2316 |
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