Competitiveness of Russia’s Machine-tool Industry

A. Gribkov (), D. Zakharchenko () and A. Kornienko ()

Voprosy Ekonomiki, 2013, issue 3

Abstract: The paper considers the competitiveness of Russia’s machine-tool industry on the world and domestic markets. The authors have conducted a comparative analysis of machine-tool sector and products in Russia, developed and new industrial countries, using specific indicators that characterize its competitiveness. The results of the analysis testify to low competitiveness of Russia’s machine-tool industry and an average level of competitiveness of its products in limited segments of machine-tool manufacturing. The main obstacle in the way of increasing the competitiveness of this sector and expanding the product range are adverse financial conditions for investments into machine-tool industry and other low-profit industrial sectors.

Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2013:id:522

DOI: 10.32609/0042-8736-2013-3-126-137

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