ECONOMIC POLICY 几区-刊鹿论文编译

Assessment of Import Substitution Due to the Trade Embargo in Russia, 2014–2016 [Оценка Масштабов Импортозамещения В России В 2014–2016 Годах]

Abstract:

A sharp depreciation of the ruble during 2014–2015 has facilitated import reduction and growth of domestic production in Russia. In this article, we evaluate the effects of import substitution by estimating demand functions for imported and domestically produced commodities using the Rotterdam model. We calculate price and income elasticities for 17 aggregated commodity groups, and decompose changes in consumption into income and substitution effects. The effects of price changes and real income deterioration are extracted and analyzed. In the paper, we claim that the main factor that affected consumption demand during that period was a sharp appreciation of import. In a number of cases, this factor completely explains the changes in consumption, including some of the commodities which Russia embargoed in 2014. For several commodity groups, including Meat, and Preparations of vegetables and fruit, the import appreciation was a single main factor that affected the drop in import quantities (by 53% and 28% weight amount respectively) and growth of demand for domestic goods (by 34% and 55%).The second factor that affected demand was a decline of real incomes. For example, in the case of alcoholic beverages, the real income reduction explained the 14% decrease of demand for domestically produced goods, and the 34% drop in imports. A minor role in the events was played by substitution due to changes in domestic goods prices. This effect had a determining and statistically significant influence only in the case of demand reduction for domestically produced fish (by 12%).

Author Listing： Pavel Kadochnikov;Alexander Chentsov;Alexander Knobel

Volume： 1

Pages： 8-33

DOI： 10.18288/1994-5124-2019-1-8-33

Language： English

Journal： Economic Policy

ECONOMIC POLICY

ECON POLICY

影响因子：6.4

是否综述期刊：否

是否OA：否

是否预警：不在预警名单内

发行时间：-

ISSN：0266-4658

发刊频率：-

收录数据库：Scopus收录

出版国家/地区：-

出版社：Oxford University Press

期刊介绍

年发文量	29
国人发稿量	-
国人发文占比	0%
自引率	3.1%
平均录取率	-
平均审稿周期	-
版面费	-
偏重研究方向	ECONOMICS-
期刊官网	https://academic.oup.com/economicpolicy
投稿链接	-

质量指标占比

研究类文章占比	OA被引用占比	撤稿占比	出版后修正文章占比
100.00%	32.26%	0.00%	0.00%

预警情况

时间	预警情况
2025年03月发布的2025版	不在预警名单中
2024年02月发布的2024版	不在预警名单中
2023年01月发布的2023版	不在预警名单中
2021年12月发布的2021版	不在预警名单中
2020年12月发布的2020版	不在预警名单中

JCR分区 WOS分区等级：Q1区

版本	按学科	分区
WOS期刊SCI分区（2021-2022年最新版）
	ECONOMICS	Q1

中科院分区

版本	大类学科	小类学科	Top期刊	综述期刊
	经济学 2区	ECONOMICS 经济学 2区	否	否
2021年12月升级版	经济学 2区	ECONOMICS 经济学 2区	否	否
2020年12月旧的升级版	经济学 1区	ECONOMICS 经济学 1区	否	是
2022年12月最新升级版	经济学 3区	ECONOMICS 经济学 3区	否	否