Influence of industrial production of Russian regions on foreign trade indicators

The study is devoted to the assessment of the impact that industrial production of Russian regions has on the country’s foreign trade performance. The chosen topic is relevant due to the fact that today’s sanctions policy of various Western countries is restricting exports and imports of many types...

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Main Author: S. S. Krasnykh
Format: Article
Language:English
Published: Publishing House of the State University of Management 2023-03-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/4202
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author S. S. Krasnykh
author_facet S. S. Krasnykh
author_sort S. S. Krasnykh
collection DOAJ
description The study is devoted to the assessment of the impact that industrial production of Russian regions has on the country’s foreign trade performance. The chosen topic is relevant due to the fact that today’s sanctions policy of various Western countries is restricting exports and imports of many types of products, which can serve as a threat to the economic security of the Russian Federation. The author of the article determines the impact of mining, manufacturing, and the provision of electricity, gas and steam on foreign trade performance by using regression analysis of panel data and the Granger causality test. It is found that an increase in mining production contributes to regional export growth but has a negative effect on imports of goods and services. The Granger causality test has not revealed the impact of manufacturing and the provision of electricity, gas and steam on foreign trade indicators.
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spelling doaj.art-d9e84613348d403ab73f83e14f785c462024-03-26T14:23:13ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152023-03-011114415110.26425/1816-4277-2023-1-144-1512689Influence of industrial production of Russian regions on foreign trade indicatorsS. S. Krasnykh0Institute of Economics of the Ural Branch of the Russian Academy of SciencesThe study is devoted to the assessment of the impact that industrial production of Russian regions has on the country’s foreign trade performance. The chosen topic is relevant due to the fact that today’s sanctions policy of various Western countries is restricting exports and imports of many types of products, which can serve as a threat to the economic security of the Russian Federation. The author of the article determines the impact of mining, manufacturing, and the provision of electricity, gas and steam on foreign trade performance by using regression analysis of panel data and the Granger causality test. It is found that an increase in mining production contributes to regional export growth but has a negative effect on imports of goods and services. The Granger causality test has not revealed the impact of manufacturing and the provision of electricity, gas and steam on foreign trade indicators.https://vestnik.guu.ru/jour/article/view/4202miningmanufacturingelectricity supplyexportimportgranger testregression analysis of panel data
spellingShingle S. S. Krasnykh
Influence of industrial production of Russian regions on foreign trade indicators
Вестник университета
mining
manufacturing
electricity supply
export
import
granger test
regression analysis of panel data
title Influence of industrial production of Russian regions on foreign trade indicators
title_full Influence of industrial production of Russian regions on foreign trade indicators
title_fullStr Influence of industrial production of Russian regions on foreign trade indicators
title_full_unstemmed Influence of industrial production of Russian regions on foreign trade indicators
title_short Influence of industrial production of Russian regions on foreign trade indicators
title_sort influence of industrial production of russian regions on foreign trade indicators
topic mining
manufacturing
electricity supply
export
import
granger test
regression analysis of panel data
url https://vestnik.guu.ru/jour/article/view/4202
work_keys_str_mv AT sskrasnykh influenceofindustrialproductionofrussianregionsonforeigntradeindicators