Regional Economics: Theory and Practice
 

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A comparative analysis of the Russian Federation regions based on the exports and imports commodity structure in terms of foreign trade development under conditions of crisis

Vol. 17, Iss. 12, DECEMBER 2019

Received: 23 July 2019

Received in revised form: 27 August 2019

Accepted: 2 October 2019

Available online: 13 December 2019

Subject Heading: REGION IN NATIONAL ECONOMY

JEL Classification: O18, R12, R13

Pages: 2243–2258

https://doi.org/10.24891/re.17.12.2243

Bobrova V.V. Orenburg State University, Orenburg, Russian Federation
bobrova1971@mail.ru

https://orcid.org/0000-0003-3558-5662

Bantikova O.I. Orenburg State University, Orenburg, Russian Federation
bantikova777@mail.ru

ORCID id: not available

Subject This article deals with the issues of formation of clusters of the Russian Federation regions in terms of the commodity structure of exports and imports.
Objectives The article aims to identify groups of regions of Russia characterized by the effective development of foreign trade in goods and services.
Methods For the study, we used a cluster analysis and the Russian regions' official statistics on foreign trade in goods and services.
Results The article identifies four specific clusters of the Russian Federation regions and describes their characteristics.
Conclusions and Relevance The article concludes about significant changes in the regions and their uneven development. The results of the study help identify regions characterized by effective foreign trade in goods and services. They also can be used to determine the prospects for the development of the regions' foreign economic activity.

Keywords: export structure, import structure, cluster, export potential, intensity, foreign economic operations

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