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Finance and Credit
 

The Russian export dynamics modeling

Vol. 20, Iss. 34, SEPTEMBER 2014

Available online: 6 September 2014

Subject Heading: FOREIGN TRADE ACTIVITY

JEL Classification: 

Pages: 26-31

Kuz'minA.Yu. Financial University under Government of Russian Federation, Moscow, Russian Federation
a_kuzmin@rambler.ru

The article considers a dynamic two-stage model of export as part of the author's developed concept of modeling. The physical volume of export determines the basic nonlinear multiple-factor functional dependence of export and depends on the terms of trade taking into account the configurable parameter, which represents the value of response to changes in the terms of trade. The author offers procedures for assessing and using the trade terms indicator based on exporting manufacturers' decisions. During some periods of the study the modeling results demonstrate zero effect of comparative international competitive advantages on the physical volumes of Russian export operations.

Keywords: modeling, export, volatility, trade, balance, terms

References:

  1. Ershov M.V. Mirovaya kon"yunktura i Rossiya: nekotorye itogi 2013 goda i perspektivy razvitiya [World environment and Russia: some results of 2013 and development prospects]. Den'gi i kredit – Money and credit, 2014, no. 3, pp. 12–16.
  2. Krasavina L.N. Problemy obnovleniya kontseptual'nykh osnov regulirovaniya vneshneekonomicheskikh riskov Rossii v usloviyakh integratsii v mirovuyu ekonomiku i chlenstva v VTO [Problems of updating the conceptual bases of the Russian external economic risk regulation under the conditions of integration into the world economy and WTO accession]. Den'gi i kredit – Money and credit, 2013, no. 9, pp. 10–16.
  3. Kuz'min A.Yu. Dinamika kursa rublya: faktory i sledstviya [Dynamics of ruble exchange rate: factors and consequences]. Ekonomicheskii analiz: teoriya i praktika – Economic analysis: theory and practice, 2011, no. 12, pp. 61–68.
  4. Kuz'min A.Yu. Modelirovanie dinamiki ravnovesnykh valyutnykh kursov [Modeling the dynamics of equilibrium exchange rates]. Moscow, Moskovskii pechatnik Publ., 2011, 248 p.
  5. Kuz'min A.Yu. Stsenarii makroekonomicheskoi dinamiki v usloviyakh chlenstva Rossii v VTO [Scenarios of macroeconomic dynamics in the conditions of Russia’s WTO accession]. Den'gi i kredit – Money and credit, 2014, no. 3, pp. 59–63.
  6. World Economic Outlook Update. Growing Pains, July 9, 2013. Available at: Link.

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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