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Assessing the Impact of External Effects on Trade in the Regions of the Siberian Federal District

Assessing the Impact of External Effects on Trade in the Regions of the Siberian Federal District The article presents a model-level verification of the hypothesis about the impact on foreign trade in the regions of the Siberian Federal District (SFD) and Russia made by oil prices in the world market, the ruble exchange rate, and anti-Russian sanctions. The results of research into the dynamics of foreign trade, its commodity structure, and regional specifics are outlined. An independent result is the experience of using iterative multiple stepwise regression, making it possible to identify a significant set of contributing factors and to estimate their role in inducing changes in the dependent variable. It is shown that the sanctions have not radically affected foreign trade. An impact on some SFD regions has been identified, but for the aggregate trade of the district, no influence from sanctions was revealed. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Regional Research of Russia Springer Journals

Assessing the Impact of External Effects on Trade in the Regions of the Siberian Federal District

Kovaleva, G.; Kostin, A.
Regional Research of Russia , Volume 8 (4) – Feb 27, 2019
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References (5)

Publisher
Springer Journals
Copyright
Copyright © 2018 by Pleiades Publishing, Ltd.
Subject
Economics; Regional/Spatial Science
ISSN
2079-9705
eISSN
2079-9713
DOI
10.1134/S2079970518040044
Publisher site
See Article on Publisher Site

Abstract

The article presents a model-level verification of the hypothesis about the impact on foreign trade in the regions of the Siberian Federal District (SFD) and Russia made by oil prices in the world market, the ruble exchange rate, and anti-Russian sanctions. The results of research into the dynamics of foreign trade, its commodity structure, and regional specifics are outlined. An independent result is the experience of using iterative multiple stepwise regression, making it possible to identify a significant set of contributing factors and to estimate their role in inducing changes in the dependent variable. It is shown that the sanctions have not radically affected foreign trade. An impact on some SFD regions has been identified, but for the aggregate trade of the district, no influence from sanctions was revealed.

Journal

Regional Research of Russia – Springer Journals

Published: Feb 27, 2019

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