A Gravity Model of Russian Trade: The Role of Foreign Direct Investment and Socio-Cultural Similarity

In this paper, we estimated a gravity model of Russian trade using panel data from Russia and 23 OECD member countries. Our estimation results indicate that foreign direct investment and socio-cultural similarity are determining factors in the trade volume between Russia and these developed economies. We also found that the trade and investment activities of Russian firms differ considerably from their counterparts in developed economies.

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Year of publication:	2013-08
Authors:	Iwasaki, Ichiro ; Suganuma, Keiko
Institutions:	Russian Research Center, Institute of Economic Research
Subject:	international trade \| foreign direct investment \| gravity model \| Poisson regression \| WTO \| Russia

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Extent:	application/pdf
Series:	RRC Working Paper Series.
Type of publication:	Book / Working Paper
Notes:	Number 40 10 pages long [4] p.
Classification:	F14 - Country and Industry Studies of Trade ; F21 - International Investment; Long-Term Capital Movements ; P33 - International Trade, Finance, Investment, and Aid
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010842028