For citation:
Mariev, O. S., & Teplyakov, N. S. (2020). Econometric Modelling of the Impact of Knowledge Diffusion and Other Factors on Exports of Russian Regions. Zhurnal Economicheskoj Teorii [Russian Journal of Economic Theory], 17 (4), 811-819.
Abstract:
This study focuses on the sectoral structure of exports of Russian regions and its dynamics. We also explore the reasons for similarities in export portfolios of regions. Despite the differences in geography, climate and capital availability, Russian regions have more similarities than differences in terms of their export baskets. This conclusion is valid for the six economic sectors we examined based on observations from 1998 to 2018. This paper aims to clarify the nature of the relationship between the structure of exports and knowledge diffusion. Our main hypothesis is that knowledge diffusion has a positive impact on the similarity of exports in Russian regions. Using econometric tools, we bring to light the following patterns: first, knowledge diffusion has a positive effect on similarity of regional exports; second, an increase in the distance between Russian regions leads to a decrease in the similarity of their export baskets, while the presence of a common border leads to the opposite; and finally, a growing difference in socio-economic indicators leads to a decrease in the similarity of regions’ export baskets. The research findings could be used to design strategies for development of regional exports.
Kirillovskaya, A. A. (2014). Teoriya i praktika ekonomicheskoy politiki: Sovremennye problemy i otsenka konkurentnoy pozitsii [Theory and practice of economic policy: contemporary issues and evaluation of competitive position]. Regional’naya ekonomika: teoriya i praktika [Regional economics: theory and practice], 12(32), 19–26. (In Russ.)
Agosin, M. R. (2007). Export diversification and growth in emerging economies. CEPAL Review, 97. DOI: 10.18356/27e5d46c-en.
Bahar, D., Hausmann, R., & Hidalgo, C. A. (2014). Neighbors and the Evolution of the Comparative Advantage of Nations: Evidence of International Knowledge Diffusion? Journal of International Economics, 92(1), 111–123. http://dx.doi.org/10.1016/j.jinteco.2013.11.001.
Balassa, B. (1965). Trade Liberalisation and “Revealed” Comparative Advantage. The Manchester School, 33(2), 99–123. DOI: http://dx.doi.org/10.1111/j.1467-9957.1965.tb00050.x.
Bottazzi, L., & Peri, G. (2003). Innovation and Spillovers in Regions: Evidence from European Patent Data. European Economic Review, 47(4), 687–710. https://doi.org/10.1016/S0014-2921(02)00307-0.
Branstetter, L. G. (2001). Are Knowledge Spillovers International or Intranational in Scope? Microeconometric Evidence from the U.S. and Japan. Journal of International Economics, 53(1), 53–79.
Coe, D. T., & Helpman, E. (1995). International R&D Spillovers. European Economic Review, 39(5), 859–887. https://doi.org/10.1016/0014-2921(94)00100-E.
Ferrari, S., & Cribari–Neto, F. (2004). Beta Regression for Modelling Rates and Proportions. Journal of Applied Statistics, 31(7), 799–815. https://doi.org/10.1080/0266476042000214501.
Keller, W., Yeaple, S. R. (2009). Multinational Enterprises, International Trade, and Productivity Growth: Firm-Level Evidence from the United States. The Review of Economics and Statistics, 91(4), 821–831. https://doi.org/10.1162/rest.91.4.821.
Lafay, G. (1992). The Measurement of Revealed Comparative Advantages. International Trade Modeling, London: Chapman and Hill, 209–234. https://doi.org/10.1007/978-1-4757-2150-8_10.
Lyubimov, I. (2019). Russia’s diversification prospects. Russian Journal of Economics, 5(2), 177–198. DOI: 10.32609/j.ruje.5.34753.
Meckl, J., & Savin, I. (2018). Factor-Biased Technical Change and Specialization Patterns. Central European Journal of Economic Modelling and Econometrics, 10(2), 75–100.
Melitz, M. J. (2003). The Impact of Trade on Intra‐Industry Reallocations and Aggregate Industry Productivity. Econometrica, 71(6), 1695–1735. https://doi.org/10.1111/1468-0262.00467.
Piva, M., Tani, M., & Vivarelli, M. (2018). Business Visits, Knowledge Diffusion and Productivity. Journal of Population Economics, 31(4), 1321–1338. DOI: 10.1007/s00148–017–0679–3.
Reyes, G. U. (2014). Examining the Revealed Comparative Advantage of the ASEAN 6 Countries Using the Balassa Index and Lafay Index. Journal of Global Business and Trade, 10(1), 1–11.
Rivera-Batiz, L. A., & Romer, P. M. (1990). Economic Integration and Endogenous Growth. Quarterly Journal of Economics, 106(2), 531–555. https://doi.org/10.2307/2937946.
Savin, I., & Winker, P. (2009). Forecasting Russian Foreign Trade Comparative Advantages in the Context of a Potential WTO Accession. Central European Journal of Economic Modelling and Econometrics, 1(2), 111–138.
Yilmaz, B., & Ergun, S. J. (2003). The Foreign Trade Pattern and Foreign Trade Specialization of Candidates of the European Union. Eastward Enlargement of the Euro-zone. Working Papers wp19, Free University Berlin, Jean Monnet Centre of Excellence.