Home  Journals  National Interests: Priorities and Security  23(116) - 2011 June

Raw material foreign trade specialization of Russia: calculation of added value losses

Available online: 15 June 2011

Subject Heading: ECONOMIC DEVELOPMENT STRATEGY

JEL Classification: 

The article describes a methodology for calculating of gains/losses of the country’s foreign trade. Russia’s losses due to raw material specialization were calculated , which include under-produced added value, losses due to exchange rate distortion and also losses from the excessive and continuous trade surplus. The monetary transfer were calculated, which Russia paid to the rest of the world.

Keywords: foreign trade, raw specialization, gains / losses from foreign trade, value added multiplier, monetary transfer, exchange rate, purchasing power parity, inter-temporal trade

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ISSN 2311-875X (Online)
ISSN 2073-2872 (Print)

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