Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/212549 
Year of Publication: 
2004
Series/Report no.: 
BOFIT Discussion Papers No. 19/2004
Publisher: 
Bank of Finland, Institute for Economies in Transition (BOFIT), Helsinki
Abstract: 
This paper considers trade specialisation in Russia, examining changes in trade patterns at the sectoral level over the transition period.Trade based on inter-industry specialisation and intra-industry trade (IIT) are empirically distinguished using the Aquino and Grubel- Lloyd indices.The Aquino index is applied to measure the degree of inter-industry specialisation by sector, while the Grubel-Lloyd index is used to establish the level of IIT between industries.The empirical results support recent trade theory, which predicts an increasing level of intra-industry trade with liberalisation processes.They also suggest how inter- and intra-industry trade coexist.The final econometric estimation of the factor content of Russia's exports (specialisation in resource-intensive products) supports the index analysis.
Persistent Identifier of the first edition: 
ISBN: 
951-686-980-7
Document Type: 
Working Paper

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