Import substitution efficiency indicators

Authors

  • Anton Alekseevich Losev Financial University under the Government of the Russian Federation
  • Vladimir Igorevich Soloviev Financial University under the Government of the Russian Federation
  • Andrey Marsovich Sunchalin Financial University under the Government of the Russian Federation

Keywords:

import efficiency evaluation, system of indicators of import substitution, RCEAP, Commodity Nomenclature of Foreign Economic Activity of EAEU, UNSD, Eurostat, transitional keys, protective policy

Abstract

Russia’s goods and services imports are studied by good items, by groups of goods, and by industry. Analytical tools to assess the effectiveness of Russian imports of goods and services, and the system of import substitution efficiency indicators are proposed. A methodology for transition keys generation from All-Russian Classification of Economic Activities (OKVED) to the Combined Nomenclature (TNVED) is proposed to compare the volumes of Russian production and exports with domestic consumption and imports. The system of import substitution efficiency indicators is developed to analyze the substitution level of imported goods by domestic products and volumes redistribution through the Eurasian Union mutual trade. The article is based on the results of the publicly funded research carried out at the request of the Financial University in 2016.

Author Biographies

Anton Alekseevich Losev, Financial University under the Government of the Russian Federation

Place of work, post: Financial University under the Government of the Russian Federation, Department of data analysis, decision-making, and financial technology - Deputy Chair

Vladimir Igorevich Soloviev, Financial University under the Government of the Russian Federation

Doctor of Economic Sciences, Professor
Place of work, post: Financial University under the Government of the Russian Federation, Department of data analysis, decision-making, and financial technology - Chair

Andrey Marsovich Sunchalin, Financial University under the Government of the Russian Federation

Candidate of Physical and Mathematic Sciences, Associate Professor
Place of work, post: Financial University under the Government of the Russian Federation, Department of data analysis, decision-making, and financial technology - Associate Professor

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Published

2024-02-08

How to Cite

Losev, A. A., Soloviev, V. I., & Sunchalin, A. M. (2024). Import substitution efficiency indicators. Russian Foreign Economic Journal, (4), 55–70. Retrieved from https://journal.vavt.ru/rfej/article/view/2002

Issue

No. 4 (2017)

Section

Foreign trade activity