Assessing the Impact of External Shocks on the Development of the Manufacturing Industry

Kirill Furmanov and Yu. V. Turovets ()
Additional contact information
Yu. V. Turovets: Institute of Statistical Research and Economics of Knowledge, National Research University Higher School of Economics

Studies on Russian Economic Development, 2024, vol. 35, issue 5, 697-706

Abstract: Abstract— The article presents the results of assessing the impact of external shocks imposed against the Russian Federation in 2022 on manufacturing output volumes. External restrictions have affected the majority of segments of manufacturing activity, but in different ways. Six groups of sectors have been identified depending on the forecast estimates of the effect of external shocks from extremely negative to moderately positive impact. Most sectors experienced a significant negative impact, including producers of intermediate goods and a number of segments of mechanical engineering. The factors and conditions that determined the dynamics of the response of individual sectors to external shocks are analyzed. The importance of studying the technological factor for the structural transformation of manufacturing industries is noted.

Keywords: manufacturing industry; dynamics of output of manufacturing sectors; forecasting and assessing the effect of external shocks; structural changes; technological development (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1134/S1075700724700230 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:sorede:v:35:y:2024:i:5:d:10.1134_s1075700724700230

Ordering information: This journal article can be ordered from
https://www.springer ... nomics/journal/11507

DOI: 10.1134/S1075700724700230

Access Statistics for this article

Studies on Russian Economic Development is currently edited by Viktor V. Ivanter, Dmitrii B. Kuvalin and Galina A. Yaremenko

More articles in Studies on Russian Economic Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().