IMPORT OF INVESTMENT GOODS

Georgy Idrisov, Andrey Kaukin and Pavel Pavlov

Russian Economic Development, 2016, issue 11, 28-31

Abstract: The sharp fluctuations of the ruble’s exchange rate in the period 2014–2016 have not resulted in a reduction of the share of investment goods in the price structure of Russian imports. At the same time, domestic demand has visibly reoriented towards cheaper analogues. The recovery of imports of investment goods visible since the second half of 2016, which in part can be attributed to the strengthening of the ruble, points to a temporary halt of import substitution processes.

Keywords: Tax; Budget; Russian Economy (search for similar items in EconPapers)
JEL-codes: E52 P24 (search for similar items in EconPapers)
Date: 2016
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