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Russia’s transportation industry in 2021

Yuriy Ponomarev, Ksenia Borzykh and S. Aliev
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Ksenia Borzykh: RANEPA
S. Aliev: RANEPA

Published Papers from Gaidar Institute for Economic Policy

Abstract: After a dramatic decline of the main performance indicators of the transportation industry on the back of acute implications of the coronavirus pandemic in 2020, the year 2021 saw the signs of recovery of this sector, however, the indicators (the transportation volume) remained below the pre-pandemic level. The rates of recovery of the transportation industry correlate closely with the dynamics of related industries (intersectoral linkages), such as tourism, the building industry and retail trade. A pickup in transportation services was driven by the lifting of restrictions and a revival of global production, business activity and logistics chains.

Keywords: Russian economy; transportation industry; freight tariffs; passenger traffic; railways (search for similar items in EconPapers)
JEL-codes: L91 L92 L93 L99 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2022, Revised 2022
New Economics Papers: this item is included in nep-cis, nep-tre and nep-ure
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Downloads: (external link) Revised Version, 2022 (application/pdf)

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Handle: RePEc:gai:ppaper:ppaper-2022-1215