Eurasian Economic Union: A Regional Economic Hegemony Initiative

Yılmaz, Serdar

doi:10.15549/jeecar.v4i2.166

Cited by 10 publications

(1 citation statement)

References 3 publications

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“…Countries' political and cultural affinity plays an important role in their unification. Such affinity enables mutual understanding and rather successful communication between the states and societies [7]. For example, it is easier for Russian enterprises to deal with Kazakh and Belarusian counterparts than with Western partners due to similar ways of doing business and shared values [8].…”

Section: Theoretical and Historical Backgroundmentioning

confidence: 99%

Integration and Development of the Dairy Regions in the Eurasian Economic Union: Trends, Problems and Prospects

Hasanovich¹,

Dyusenovna²,

Digilina³

2019

EoR

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The paper focuses on the most important economic processes taking place in the dairy regions of the Eurasian Economic Union. The article reveals the specific features of the dairy sector's development in the chosen regions in the context of Eurasian integration. Moreover, it discusses the challenges faced by the regions and prospects of the regional development. Consequently, we formulated some recommendations for solving current problems. We based our study on the theoretical developments of various scientists and economists, and statistical and other information. We applied various methods of investigation, including analysis, comparisons and econometric modelling. We outlined some of the study's limitations related to a rather short history of the union's existence and insufficiency of the available statistical information. The procurement price for milk depends on a number of factors. Using the modelling tool, we have shown this dependence on the example of the Republic of Tatarstan, which is the largest region-producer of milk in the union. The study's scientific novelty is in determining the main directions of the dairy sector's transformation in the regions. Furthermore, our research proposes a model for assessing the influence of the certain factors on procurement prices in the industry. The study's results can be applied for developing and implementing the state and regional economic policies.

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Section: Theoretical and Historical Backgroundmentioning

confidence: 99%

Integration and Development of the Dairy Regions in the Eurasian Economic Union: Trends, Problems and Prospects

Hasanovich¹,

Dyusenovna²,

Digilina³

2019

EoR

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Estimation of total factor productivity by growth accounting: Evidence from the Central Asian region

Ataev

2024

JEECAR

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The Central Asian (CA) countries have been transitioning from a centrally planned economy to a market economy since they gained independence at the beginning of the 1990s. As per the official data for 2022, Uzbekistan, which is located in the center of the CA region, has the Russian Federation (18.6%), China (17.8%), Kazakhstan (9.2%), and Turkiye (6.4%) as its top trading partners. This study evaluates the technological progress by estimating the total factor productivity (TFP) of the CA countries. The study uses data from Penn World Table 10.0 (PWT10.0), covering the period from 1991 to 2019. The main findings are as follows: 1) CA countries have shown steady development and noteworthy TFP growth rates; 2) TFP growth was negative in all countries from 1992 to 1997, except in China and Turkiye. But in terms of TFP growth, they outpaced even China and Turkiye between 1998 and 2007, maintaining high rates from 2008 to 2016, demonstrating the catch-up effect; 3) our estimates of TFP growth rates are consistent with figures reported by several other studies. 4) the most suitable econometric model is found to be generalized least squares (GLS) compared with pooled OLS (pOLS), fixed effects (FE), or random effects (RE).

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The state policy of service sector development in the Republic of Kazakhstan

Zhunussova¹,

Dulambayeva²

2019

JEECAR

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Currently, the service sector is one of the fastest growing sectors in Kazakhstan, so the study of the service sector and the governmental intervention in it is essential, as it allows one to choose the instruments and limits of the support. The aim of the article is to study and describe the increasing role of the modern state policy of Kazakhstan in the development of the service sector, based on a study of the impact of public investment and government programs.The paper shows the following results:1. Implementation of state industrial programs in Kazakhstan leads to an increase in the services sector (expressed in the GDP structure and employment); 2. For Kazakhstan, there is still a high influence of public investments in the service sector, in contrast to Russia;3. The highest rates of innovation activity in the service sector are in the fields associated with active government presence.

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Eurasian Economic Union: A Regional Economic Hegemony Initiative

Cited by 10 publications

References 3 publications

Integration and Development of the Dairy Regions in the Eurasian Economic Union: Trends, Problems and Prospects

Integration and Development of the Dairy Regions in the Eurasian Economic Union: Trends, Problems and Prospects

Estimation of total factor productivity by growth accounting: Evidence from the Central Asian region

The state policy of service sector development in the Republic of Kazakhstan

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