RUSSIAN FOREIGN TRADE: GRAVITY APPROACH

The methodology of gravity model and specialties of its use in relation to Russian foreign trade are presented. The results of the calculation of Russian foreign trade gravity model with its explanation both for total trade flows and trade flows excluding mineral fuel, oil and oil products are given...

Full description

Bibliographic Details
Main Author: N. Chernov
Format: Article
Language:English
Published: Publishing House of the State University of Management 2019-02-01
Series:Вестник университета
Subjects:
Online Access:https://guuvest.elpub.ru/jour/article/view/684
Description
Summary:The methodology of gravity model and specialties of its use in relation to Russian foreign trade are presented. The results of the calculation of Russian foreign trade gravity model with its explanation both for total trade flows and trade flows excluding mineral fuel, oil and oil products are given. The high accuracy and the possibility of using this methodology for researching of Russian foreign trade process and trade affecting factors including access to the sea are confirmed.
ISSN:1816-4277