Export diversification in the product space and regional growth: Evidence from Russia

Sergey Kadochnikov and Anna Fedyunina ()

No 1327, Papers in Evolutionary Economic Geography (PEEG) from Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography

Abstract: This study investigates the relationship between export structure and economic growth in Russian regions. We hypothesize that it is not industry variety per se but the variety of related industries located relatively close to each other in the product space that significantly contributes to economic growth in Russian regions. The empirical analysis presented in the paper confirms that the density of the product space around the products for which a region had a comparative advantage determined the economic development in Russian regions in the 2003-2008 period. We conclude that the presence of a local related variety of industries in a region is one of the most important regional factors in economic development.

Keywords: export; economic growth; Russian regions (search for similar items in EconPapers)
JEL-codes: F14 R11 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2013-12, Revised 2013-12
New Economics Papers: this item is included in nep-cis, nep-cwa, nep-geo, nep-gro and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:egu:wpaper:1327

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