Industry-level effects from integration between Russia, Belarus and Kazakhstan through industrial cooperation

Сальников, В. А.; Gnidchenko, Andrey; Galimov, D. I.

doi:10.1134/s1075700716010123

Cited by 5 publications

(2 citation statements)

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“…Structural analysis showed the difference in the current patterns of economic growth and regulatory methods applied in member countries. In contrast to other works (Bezrukov, 2018;Salnikov et al, 2016;Patalakh, 2018), which did not take into account the structure of growth, the impact of economic policies and stability of growth, our study investigates the structure of growth, the stability of growth rates and the influence of economic policies in the Union's member countries.…”

Section: Discussionmentioning

confidence: 99%

Comparative structural analysis of economic growth in countries of the Eurasian Economic Union

Sukharev

Voronchikhina

2021

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Relevance. The development of the Eurasian Union means economic integration between its member countries (Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia). For more efficient coordination of this process, it is necessary to analyze national models of economic growth and adjust the Union’s economic policy accordingly. Research objective. The study aims to identify the national models of economic growth by applying the structural analysis method and building regression models of GDP growth. Data and methods. The study relies on the structural analysis of GDP growth and regression analysis of the impact of macroeconomic policy instruments. Results. The study provides an overview of the research literature on the factors affecting economic growth (e.g. the financial structure, government expenditures. Based on the results of the structural analysis, a classification of the models of economic growth in terms of expenditures and sectors is proposed. This classification can be used to devise measures stimulating cooperation and integration within the Eurasian Union. Conclusions. The study has revealed the differences between the national models of economic growth by looking at each country’s reaction to the crises of 2009 and 2015. These differences correspond to the peculiarities of each country’s economic policy and need to be taken into account in the Union’s policy-making.

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Section: Discussionmentioning

confidence: 99%

Comparative structural analysis of economic growth in countries of the Eurasian Economic Union

Sukharev

Voronchikhina

2021

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“…Estimating the benefits from industrial cooperation in the EAEU. In 2014, by the request of the Eurasian Economic Commission, CMASF developed the methodology for assessing the effects of industrial cooperation within the framework of the Eurasian Economic Space (Belarus, Kazakhstan, and Russia) due to the increase in mutual trade in intermediate products (see [3]). The key factor of the effect in the model is substitution of intermediate goods produced in country A by analogous goods from its partner countries from the integration union, which should cause an improvement in the consumer properties of finished goods produced in country A.…”

Section: Imz X Ip Xmentioning

confidence: 99%