ERI FEB RAS
|Regionalistica 2019 Volume 6 number 5 pages 6-30|
|Title of the article||Trade Interactions between the Russian Far East Regions and Asia-Pacific Countries: Assessment of Potential|
|Author 1||Izotov Dmitry Alexandrovich
Ph.D. in economics, leading research fellow
Economic Research Institute FEB RAS
153, Tikhookeanskaya Street, Khabarovsk, Russia, 680042
|Author 2||Tochkov Kiril Iliyev
Ph.D. in economics, professor
Texas Christian University
2800 S. University Dr., Fort Worth, USA, 76129
|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.|
|Keywords||foreign trade ♦ comparative trade barriers ♦ decomposition ♦ potential of trade interactions ♦ geographical diversification of trade ♦ Asia-Pacific countries ♦ Russian Far East|
|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).|
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