Import substitution efficiency indicators

Anton Alekseevich Losev, Vladimir Igorevich Soloviev and Andrey Marsovich Sunchalin
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Anton Alekseevich Losev: Financial University under the Government of the Russian Federation, Moscow, Russia
Vladimir Igorevich Soloviev: Financial University under the Government of the Russian Federation, Moscow, Russia
Andrey Marsovich Sunchalin: Financial University under the Government of the Russian Federation, Moscow, Russia

Russian Foreign Economic Journal, 2017, issue 4, 55-70

Abstract: Russia’s goods and services imports are studied by good items, by groups of goods, and by industry. Analytical tools to assess the effectiveness of Russian imports of goods and services,and the system of import substitution efficiency indicators are proposed. A methodology for transition keys generation from All-Russian Classification of Economic Activities (OKVED) to the Combined Nomenclature (TNVED) is proposed to compare the volumes of Russian production and exports with domestic consumption and imports. The system of import substitution efficiency indicators is developed to analyze the substitution level of imported goods by domestic products and volumes redistribution through the Eurasian Union mutual trade. The article is based on the results of the publicly funded research carried out at the request of the Financial University in 2016.

Keywords: Import efficiency evaluation; system of indicators of import substitution; RCEAP; Commodity Nomenclature of Foreign Economic Activity of EAEU; UNSD; Eurostat; transitional keys; protective policy (search for similar items in EconPapers)
Date: 2017
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