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Import and export of high-tech products in Russian manufacturing companies
[journal article]
Abstract The paper explores the relationship between the import of semi-finished products and means of production and the export of high-tech products in Russian manufacturing companies. The key question of the research is whether the export of high-tech products is connected with the import of complex compo... view more
The paper explores the relationship between the import of semi-finished products and means of production and the export of high-tech products in Russian manufacturing companies. The key question of the research is whether the export of high-tech products is connected with the import of complex components and semi-finished products. The study confirms that the export of high-tech products is determined by the import of high-tech semi-finished products for the export-intensive Russian manufacturing companies. The research does not find any relationship between the import of equipment and means of production and the export of high-tech products. This has important implications for Russia’s structural policy aimed at expanding exports of high-tech products. First, introducing protectionist measures in relation to the import of foreign components should take place gradually to allow companies to adapt to the new conditions. Secondly, they should proceed selectively in order to allow access of Russian exporters to critical components and means of production that have no Russian counterparts.... view less
Keywords
Russia; manufacturing sector; import; export; high technology
Classification
Economic Sectors
Free Keywords
export of high-tech products; import of semi-finished products
Document language
English
Publication Year
2019
Page/Pages
p. 199-210
Journal
Russian Journal of Economics, 5 (2019) 2
DOI
https://doi.org/10.32609/j.ruje.5.38706
ISSN
2618-7213
Status
Published Version; reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works 4.0