Russia’s WTO membership: Assessing the impact on foreign trade
Alexey Kalinin
Voprosy Ekonomiki, 2023, issue 7
Abstract:
The paper assesses some of the consequences of Russia’s accession to the World Trade Organization (WTO). Whereas much discussion about its costs and benefits happened during the WTO negotiations and in the first years after the accession, there was little said on the real consequences afterwards. The aim of the research is to assess the degree of fulfillment of the accession expectations after a decade. The research method is the analysis of panel data on the world trade for 2000-2019 (an econometric model based on the gravity model of foreign trade). It has been established that the WTO accession ultimately benefited for Russian foreign trade. However, this effect has been offset by increased political tensions since 2014. The objections to the WTO also turned out to be predominantly justified. The most positive economic consequences of the WTO exist for exporters of low value added goods. The criticism of the WTO participation by machine builders is understandable: although they are among the beneficiaries, the effects on exports and imports are comparable.
Date: 2023
References: Add references at CitEc
Citations:
Downloads: (external link)
https://www.vopreco.ru/jour/article/viewFile/4409/2581 (application/pdf)
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:nos:voprec:y:2023:id:4409
DOI: 10.32609/0042-8736-2023-7-100-114
Access Statistics for this article
More articles in Voprosy Ekonomiki from NP Voprosy Ekonomiki
Bibliographic data for series maintained by NEICON ().