Made in Russia? Assessing Russia’s potential for import substitution

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Titel: Made in Russia? Assessing Russia’s potential for import substitution
Författare: Simola, Heli
Institution: Bank of Finland
Avdelning / Enhet: Bank of Finland Institute for Emerging Economies (BOFIT)
Serie: BOFIT Policy Brief
Serienumber: 3/2022
Utgivningsår: 2022
Utgivningsdatum: 5.5.2022
Sidor: 20
Subject (yso): pakotteet; ulkomaankauppa; tuonti; vienti; tuotanto
Nyckelord: Bofit-kokoelma; Venäjä; Kiina
Innehållsförteckning: Abstract ... 3 1. Introduction ... 4 2. Russia’s total import dependence and production structure ... 4 3. Import dependence of Russian production ... 6 3.1 Russia is most dependent on imported inputs in high-technology ... 7 3.1.1 Russian machinery and equipment manufacturing sectors are most dependent on imported inputs ... 7 3.1.2 Russia relies on imports particularly for machinery and equipment ... 8 3.2 Perspectives for Russian import substitution are meagre ... 9 3.2.1 Success of import substitution in the agricultural sector has been limited...9 3.2.2 Russia has limited potential to replace imports by reorienting exports ... 10 3.2.3 Survey results highlight problems related to import substitution ... 10 4. Geographical origin of Russia’s imported inputs ... 11 4.1 EU is still the largest provider of imported inputs, but share has decreased...12 4.2 Origin of imports by Russian end-use industry ... 13 4.3 EU dominates high-technology input imports, but China’s share has increased ... 14 4.4 Assessing China’s potential to replace Western imports ... 16 5. Concluding remarks ... 17 References ... 18
Licens: https://helda.helsinki.fi/bof/copyright


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