Aggrerated Simulation Model of Foreigh Economic Activity of the Russian Federation

Gayané L. Beklaryan ()

Economics of Contemporary Russia, 2019, issue 4

Abstract: This article presents the developed aggregated simulation model of foreign economic interaction of the Russian Federation with partner countries. The bi-criterion optimization problem of the rational control of foreign trade activities is formulated and solved with consideration of the differently directed interests of the Russian Federation and partner countries. The possibilities of such links to be balanced are being studied depending on different scenarios reflecting the foreign trade strategy characteristic for the respective groups of countries (EU, APEC, EEC, etc.). The proposed simulation model implemented in AnyLogic allowed investigating the influence of the key control parameters of foreign economic activity on the characteristics of the interrelationships of the Russian Federation with other countries. Suboptimal (scenario) values of import duties and quotas that provide the best influence on the forecast dynamics of the foreign trade turnover of the Russian Federation are calculated.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:ack:journl:y:2019:id:334

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