The Analysis of Foreign Trade Activities of Russia and Asia-pacific Region

Natalia Victorovna Kuznetsova, Ekaterina Victorovna Kocheva and Nikolay Anatolievich Matev
Additional contact information
Natalia Victorovna Kuznetsova: Far Eastern Federal University, Russia
Ekaterina Victorovna Kocheva: Far Eastern Federal University, Russia
Nikolay Anatolievich Matev: Far Eastern Federal University, Russia

International Journal of Economics and Financial Issues, 2016, vol. 6, issue 2, 736-744

Abstract: The development of foreign trade policy, adequate to market principles of functioning of the Russian economy and its consecutive integration to the world economy poses a major challenge for the researchers: The potential identifying for the increasing of mutual trade flows and their further integration. To assess the dynamics of foreign economic relations, we used the indicators of economic openness and the importance of mutual trade. In order of modeling the trade and economic integration of Far Eastern Federal District and the countries of Asia-pacific region, we used gravity models in this study. Consequently, there have been built six gravity models that characterize the dependence of Russian Far Eastern export and import on countries of Asia-pacific region for each period of the study. Design and the analysis of gravity models have revealed patterns of Far Eastern Federal District with Asia-Pacific countries as well as with the individual partner countries of the district. The dynamics of gravitational interactions defining the factors' relations is determined

Keywords: Foreign Trade Turnover; Gravity Models; Export; Import; Asia-pacific Region; Modeling; Trade and Economic Integration (search for similar items in EconPapers)
JEL-codes: F10 F13 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.econjournals.com/index.php/ijefi/article/download/2166/pdf (application/pdf)
http://www.econjournals.com/index.php/ijefi/article/view/2166/pdf (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ1:2016-02-50

Access Statistics for this article

International Journal of Economics and Financial Issues is currently edited by Ilhan Ozturk

More articles in International Journal of Economics and Financial Issues from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().