Tariff protection and the losses it causes: empirical analysis for Russia

Authors

  • Georgy Iskanderovich Idrisov Institute of Applied Economic Research with the Russian Presidential Academy of National Economy and Public Administration (RANEPA)
  • Roman Igorevich Istomin Institute of Applied Economic Research with the Russian Presidential Academy of National Economy and Public Administration (RANEPA)
  • Evgeny Borisovich Ryskin Institute of Applied Economic Research with the Russian Presidential Academy of National Economy and Public Administration RANEPA

Keywords:

Tariff regulation, import tariff, consumer losses, trade liberalization, import demand models

Abstract

This article examines the dead weight losses due to Russian import tariffs. The authors consider the main approaches to DWL estimates and quantitative results for particular countries. The total welfare losses are estimated by the authors at $ 15 billion that approximately equals 0.8% of Russia's GDP. As a result of the transition period in Russia's accession to the WTO these losses will be reduced by 60% -70%. For political and economic reasons total DWL reduction is usually not possible to achieve.

Author Biographies

Georgy Iskanderovich Idrisov, Institute of Applied Economic Research with the Russian Presidential Academy of National Economy and Public Administration (RANEPA)

Doctor of Economic Sciences
Place of work, post: Gaidar Institute for Economic Policy , Real Sector Division - Head of the Division, Institute of Applied Economic Research with the Russian Presidential Academy of National Economy and Public Administration (RANEPA), Laboratory for Industrial Economies and Infrastructure, Director

Roman Igorevich Istomin, Institute of Applied Economic Research with the Russian Presidential Academy of National Economy and Public Administration (RANEPA)

Place of work, post: Institute of Applied Economic Research with the Russian Presidential Academy of National Economy and Public Administration (RANEPA), Laboratory for Industrial Economies and Infrastructure, research scientist

Evgeny Borisovich Ryskin, Institute of Applied Economic Research with the Russian Presidential Academy of National Economy and Public Administration RANEPA

Place of work, post: Institute of Applied Economic Research with the Russian Presidential Academy of National Economy and Public Administration RANEPA; Department of Economics, graduate

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Published

2024-02-08

How to Cite

Idrisov, G. I., Istomin, R. I., & Ryskin, E. B. (2024). Tariff protection and the losses it causes: empirical analysis for Russia. Russian Foreign Economic Journal, (4), 56–77. Retrieved from https://journal.vavt.ru/rfej/article/view/1129

Issue

No. 4 (2014)

Section

Таможенное регулирование