ECRIN
ERI FEB RAS
2019-5
Issue's contents
russian version
RUS
previous article Regionalistica 2019 Volume 6 number 5 pages 6-30 next article

 

Title of the article Trade Interactions between the Russian Far East Regions and Asia-Pacific Countries: Assessment of Potential
Pages 6-30
Author 1 Izotov Dmitry AlexandrovichIzotov Dmitry Alexandrovich
Ph.D. in economics, leading research fellow
Economic Research Institute FEB RAS
153, Tikhookeanskaya Street, Khabarovsk, Russia, 680042
izotov@ecrin.ruThis email address is being protected from spambots. You need JavaScript enabled to view it.
Author 2 Tochkov Kiril IliyevTochkov Kiril Iliyev
Ph.D. in economics, professor
Texas Christian University
2800 S. University Dr., Fort Worth, USA, 76129
k.tochkov@tcu.eduThis email address is being protected from spambots. You need JavaScript enabled to view it.
Abstract This paper uses a gravity model to estimate and decompose the trade barriers between the Russian Far East regions and Asia-Pacific countries. The results indicate that the mutual reduction of various hurdles can intensify trade relations between the Far East regions and Asia-Pacific countries. Based on our estimates, we identify the Far Eastern regions with the largest and smallest potential for expanding trade in the face of reduced institutional barriers with Asia-Pacific countries. Our findings further suggest that all regions of the Far East exhibit comparative institutional barriers that significantly exceed tariff barriers in trade with geographically remote Asia-Pacific markets.
Code 332.1+339.9
DOI 10.14530/reg.2019.5.6
Keywords foreign trade ♦ comparative trade barriers ♦ decomposition ♦ potential of trade interactions ♦ geographical diversification of trade ♦ Asia-Pacific countries ♦ Russian Far East
Download 2019-05.6.pdf
For citation Izotov D.A., Tochkov K.I. Trade Interactions between the Russian Far East Regions and Asia-Pacific Countries: Assessment of Potential. Regionalistica [Regionalistics]. 2019. Vol. 6. No. 5. Pp. 6–30. (In Russian). DOI: 10.14530/reg.2019.5.6. (In Russian).
References 1. Grigoryev L., Kurdin A. Unresolved Issue of Private Property Legitimacy in Russia. Voprosy ekonomiki [Economic Issues]. 2016. No. 1. Pp. 36–62. DOI: 10.32609/0042-8736-2016-1-36-62. (In Russian).
2. Isard W. Methods of Regional Analysis: An Introduction to Regional Science. Moscow. 1966. 660 p. (In Russian)
3. Izotov D.A., Tochkov K.I. Interaction of the Russian Far East with the Countries of the Pacific Rim: Evaluating Institutional and Tariff Trade Barriers. Prostranstvennaya ekonomika = Spatial Economics. 2019. Vol. 15. No. 3. Pp. 20–45. DOI: 10.14530/se.2019.3.020-045. (In Russian).
4. Kadochnikov S., Fedyunina A. The Impact of Related Variety in Export on Economic Development of Russian Regions. Voprosy ekonomiki [Economic Issues]. 2013. No. 9. Pp. 128–149. DOI: 10.32609/0042-8736-2013-9-128-149. (In Russian).
5. Lyubimov I.L., Gvozdeva М.A., Kazakova М.V., Nesterova К.V. Economic Complexity of Russian Regions and their Potential to Diversify. Zhurnal Novoy economicheskoy assotsiatsii [The Journal of the New Economic Association]. 2017. No. 2. Pp. 94–122. (In Russian)
6. Anderson J.E. A Theoretical Foundation for the Gravity Equation. American Economic Review. 1979. Vol. 69. No.1. Pp. 106–116.
7. Anderson J.E., van Wincoop E. Gravity with Gravitas: A Solution to the Border Puzzle. American Economic Review. 2003. Vol. 93. No. 1. Pp. 171–192. DOI: 10.1257/000282803321455214
8. Baier S.L., Bergstrand J.H. Bonus vetus OLS: A Simple Method for Approximating International Trade-Cost Effects Using the Gravity Equation. Journal of International Economics. 2009. Vol. 77. No. 1. Pp. 77–85. DOI: 10.1016/j.jinteco.2008.10.004
9. Bergstrand J.H. The Gravity Equation in International Trade: Some Microeconomic Foundations and Empirical Evidence. Review of Economics and Statistics. 1985. Vol. 67. No. 3. Pp. 474–481. DOI: 10.2307/1925976
10. De Souza L.V. An Initial Estimation of the Economic Effects of the Creation of the EurAsEC Customs Union on Its Members. Available at: http://siteresources.worldbank.org/INTPREMNET/Resources/EP47.pdf (accessed 28 October 2019).
11. Hausmann R., Hwang J., Rodrik D. What You Export Matters. Journal of Economic Growth. 2007. Vol. 12. No. 1. Pp.1–25. DOI: 10.1007/s10887-006-9009-4
12. Helpman E. Imperfect Competition and International Trade: Evidence from Fourteen Industrial Countries. Journal of the Japanese and International Economies. 1987. Vol. 1. No. 1. Pp. 62–81. DOI: 10.1016/0889-1583(87)90027-X
13. Helpman E. Understanding Global Trade. Cambridge, MA: The Belknap Press of Harvard University Press, 2011. 232 p.
14. Helpman E., Krugman P. Market Structure and Foreign Trade: Increasing Returns, Imperfect Competition, and the International Economy. Cambridge, MA: MIT Press, 1985. 285 p.
15. Hovhanesian H., Manasyan H. South Caucasus – People’s Republic of China Bilateral Free Trade Agreements: Why It Matters. Available at: http://aric.adb.org/pdf/workingpaper/WP125_South_Caucasus_Hovhanesian_Manasyan.pdf (accessed 28 October 2019).
16. Huchet-Bourdon M., Le Mouel C., Vijil M. The Relationship between Trade Openness and Economic Growth: Some New Insights on the Openness Measurement Issue. World Economy. 2018. Vol. 41. No. 1. Pp. 59–76. DOI: 10.1111/twec.12586
17. Hummels D., Klenow P.J. The Variety and Quality of a Nation's Exports. American Economic Review. 2005. Vol. 95. No. 3. Pp. 704–723. DOI: 10.1257/0002828054201396
18. Hummels D.L., Lugovskyy V., Skiba A. The Trade Reducing Effects of Market Power in International Shipping. Journal of Development Economics. 2009. Vol. 89. No. 1. Pp. 84–97. DOI: 10.1016/j.jdeveco.2008.05.001
19. Karkanis D. International Migration and Export Flows: Evidence from the People’s Republic of China. East Asian Economic Review. 2019. Vol. 23. No. 3. Pp. 311–329. DOI: 10.11644/KIEP.EAER.2019.23.3.365
20. Levchenko A.A. Institutional Quality and International Trade. The Review of Economic Studies. 2007. Vol. 74. No. 3. Pp. 791–819. DOI: 10.1111/j.1467-937X.2007.00435.x
21. Ma J., Shi J., Luo D., Che Y. Effect of Trade Openness on Regional Economic Growth in China: Revisiting the Discussion. Applied Economics Letters. 2019. Vol. 26. No. 16. Pp. 1313–1316. DOI: 10.1080/13504851.2018.1558331
22. Nunn N. Relationship-Specificity, Incomplete Contracts and the Pattern of Trade. Quarterly Journal of Economics. 2007. Vol. 122. No. 2. Pp. 569–600. DOI: 10.1162/qjec.122.2.569
23. Urry J. Offshoring. Cambridge, UK: Polity, 2014. 212 p.
24. Xing Y. Rising Wages, Yuan’s Appreciation and China’s Processing Exports. China Economic Review. 2018. Vol. 48. Pp. 114–122. DOI: 10.1016/j.chieco.2017.04.002
Financing  
Date  

Баннер

Лицензия Creative Commons
Если не указано другое, контент этого сайта доступен по лицензии Creative Commons «Attribution» («Атрибуция») 4.0 Всемирная.