Determinants of Value-Added Exports: The Role of Import Demand Factors
Детерминанты экспорта добавленной стоимости: роль факторов спроса на импорт
Working Papers from Russian Presidential Academy of National Economy and Public Administration
The development of global, cross-border production and trade chains poses new challenges for states, authorities of regional integration groups to create conditions that would increase the competitiveness of firms within such chains. However, at the present time, the theoretical elaboration of approaches to the analysis of international trade within the framework of international value chains, that is, value-added trade, will remain fragmentary. The presented study provides an analysis of the validity of the models based on theories of comparative advantages and endowment with production factors, import demand models and export offers to identify and qualitatively and quantitatively assess the impact of various factors on value added trade in the sectoral context (for goods produced in the sector Industry). On the basis of the conducted empirical research, recommendations are given on the conduct of an economic (industrial-commercial) policy with a view to increasing the amount of added value embodied in gross exports of non-primary commodities.
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Persistent link: https://EconPapers.repec.org/RePEc:rnp:wpaper:051715
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