2017
DOI: 10.32609/0042-8736-2017-8-92-103
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Import substitution of investment goods in Russia

Abstract: This paper investigates the sensitivity of the demand for imported capital goods to the influence of various factors of the investment dynamics with the aim to generate evidence-based recommendations for the import substitution policy in the Russian Federation. It provides a forecast of the dynamics of the demand for imported machinery, equipment, components and vehicles in various macroeconomic scenario conditions. The article estimates the influence of the EU and US sectoral sanctions on the volume of Russia… Show more

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Cited by 8 publications
(3 citation statements)
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“…A series of papers (Manturov et al, 2016;Pavlov and Kaukin, 2017;Tsukhlo, 2016) study the influence of the 'sectoral' sanctions of the EU and the US on the value of the Russian import in the context of the import substitution policy, but predominantly for the branches of the industry.…”
Section: Literature Reviewmentioning
confidence: 99%
“…A series of papers (Manturov et al, 2016;Pavlov and Kaukin, 2017;Tsukhlo, 2016) study the influence of the 'sectoral' sanctions of the EU and the US on the value of the Russian import in the context of the import substitution policy, but predominantly for the branches of the industry.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Source: Authors' calculations. from 2010 to 2013, based on the data available as of the end of 2013, 2015, 2016and 2017.…”
Section: Decomposition Of Gdp Growth Rates For the Russian Economy Frmentioning
confidence: 99%
“…At the end of 2017, the growth in fixed capital investments at comparable prices was 4.4%, which may indicate the end of the "investment pause". With a certain lag, this could be helped by the import substitution programs which were activated in response to the sectoral sanctions in 2015 and also in the capital goods segment (see more in Pavlov and Kaukin, 2017).…”
Section: Structural Componentmentioning
confidence: 99%