Russia's Dependence on Import of Intermediate Goods

Danila Karpov

No wps106, Bank of Russia Working Paper Series from Bank of Russia

Abstract: This paper assesses the direct and indirect dependence of Russia's economy on imported inputs across various industries. The author compares these figures with similar data for other economies. Additionally, we indirectly take into account the quality aspect of this dependence, that is, a small number of possibly critical components for industries that might exist. We assess both the direct dependence of industries and their indirect dependence resulting from consumption of other domestic sectors' products also containing imported components. The findings of the research suggest that the dependence of the sectors of the Russian economy on imported inputs is relatively low, even though the share of imports for certain industries can be high in absolute terms. In most of the sectors, dependence on imports is the same as or does not exceed the average for a similar group of economies.

Keywords: input-output tables; import dependence; intermediate goods imports (search for similar items in EconPapers)
JEL-codes: C67 D57 F14 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2022-12
New Economics Papers: this item is included in nep-cis, nep-hme and nep-int
References: Add references at CitEc
Citations: View citations in EconPapers (1)

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