Sectoral Indices of the Terms of Trade: Development of Methodology and Overview for Russia

Отраслевые индексы условий торговли: разработка методики и обзор для России

Rustam Magomedov and Vittoria Idrisova

Working Papers from Russian Presidential Academy of National Economy and Public Administration

Abstract: The main purpose of the project is to study and calculation of industry in the terms of trade for Russia. The following tasks were solved: the comparison of different methodologies of the calculation of terms of trade of countries and industries was conducted; the major advantages and drawbacks of different methods were reveales; the analysis of existing theoretical approaches and the review of existing databases were conducted; the analysis of theoretical literature on the impact of tariff and non-tariff measures, subsides, productivity and exchange rate on terms of trade was conducted; the differences in terms of trade for different countries were analysed; the terms of trade for Russian manufacturing industries were calculated; the recommendations for using the results of the study were proposed. To solve these above stated problems, we used data on customs declaration.

Pages: 89 pages
Date: 2018-06
New Economics Papers: this item is included in nep-cis, nep-int and nep-tra
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