Vol. 46 No. 10 (2016)
REGIONAL DEVELOPMENT

Evaluation Effects of Trade Integration between Russia and Asia Pacific Countries

D. Izotov
Economic Research Institute FEB RAS
Bio

Published 2018-07-15

Keywords

  • EXPORT,
  • IMPORT,
  • IMPORT DUTY,
  • TARIFF MEASURES,
  • NON-TARIFF BARRIERS,
  • TRADE EFFECTS,
  • FREE TRADE AREA,
  • RUSSIA,
  • ASIA-PACIFIC REGION,
  • CHINA,
  • TRANS-PACIFIC PARTNERSHIP
  • ...More
    Less

How to Cite

1.
Izotov Д. Evaluation Effects of Trade Integration between Russia and Asia Pacific Countries. ECO [Internet]. 2018 Jul. 15 [cited 2025 May 10];46(10):104-2. Available from: https://ecotrends.ru/index.php/eco/article/view/1576

Abstract

The author indicates the following positive trade effects for Russia, China & the Trans-Pacific Partnership (in the original and in the extended formats): trade creation effect prevails over trade diversion effect; general welfare and bilateral trade tend to increase. The evaluation showed the following costs for the Russian economy: a rapid increase in imports compared to exports, the loss of budget revenues. The long-term challenges and opportunities for the Russian economy by liberalizing trade with China and the Trans-Pacific Partnership countries are identified. In the conditions of total global trade liberalization the estimates suggest that for a significant redistribution of commodity flows it is necessary to removing a huge number of non-tariff barriers existing between Russia & Asia-Pacific countries.

References






1.

Афонцев С. А. Политические рынки и экономическая политика. -М.: Комкнига, 2010. -384 с.





2.

Williams B. R. The Trans-Pacific Partnership: Strategic Implications//Congressional Research Service. -2016. -3 Febr. URL: https://www.fas.org/sgp/crs/row/R44361.pdf





3.

Itakura K., Lee H. Welfare Changes and Sectoral Adjustments of Asia-Pacific Countries under Alternative Sequencings of Free Trade Agreements. -2012. -1 March. URL: https://faculty.washington.edu/karyiu/confer/sea12/papers/Lee_h.pdf





4.

США приглашают Россию и Китай присоединиться к ТТП. URL: http://www.gazeta.ru/business/news/2015/11/02/n_7841087.shtml





5.

Cheong D. Methods for Ex Ante Economic Evaluation of Free Trade Agreements//ADB Working Paper Series on Regional Economic Integration. -2010. -Vol. 52. URL: http://aric.adb.org/pdf/workingpaper/WP52_Ex_Ante_Economic_Evaluation.pdf





6.

Viner J. The Customs Union Issue.Oxford University Press, 2014. -256 p.





7.

World Economic Outlook Database. URL: http://www.imf.org/external/pubs/ft/weo/2016/01/weodata/index.aspx





8.

UN Comtrade. International trade statistics database. URL: http://comtrade.un.org/





9.

Williams B. R. Trans-Pacific Partnership (TPP) Countries: Comparative Trade and Economic Analysis//CRS Report for Congress. -2013. -10 June. URL: https://www.fas.org/sgp/crs/row/R42344.pdf





10.

Economic and Social Survey of Asia and the Pacific, 2016. URL: http://www.unescap.org/sites/default/files/EconomicandSocialSurveyofAsia andthePacific02016_0.pdf









11. Thorbecke W. Enjoying the Fruits of their Labor: Redirecting exports to Asian consumers//RIETI Discussion Paper Series 15-E-016. -2015. -Febr. URL: http://www.rieti.go.jp/jp/publications/dp/15e016.pdf
12. Whalley J., Xin X. Chinas FDI and Non-FDI Economies and the Sustainability of Future High Chinese Growth//China Economic Review. -2010. -Vol.21. -Р.123-135.
13. CIS Trade Outlook. Gravitating eastwards. HSBC Global Research, CEEMEA Economics. -2013. -8 July. URL: http://www.about.hsbc.ru/~/media/russia/en/news-and-media/trade-outlook-eng.pdf?la=en-gb.
14. Harmonized System Codes (HS Code).URL: https://www.foreign-trade.com/reference/hscode.htm
15. I-TIP Goods: Integrated Analysis and Retrieval of Notified Non-Tariff Measures.URL: http://i-tip.wto.org/goods/default.aspx?language=en
16. Stawowy W. Calculation of Ad Valorem Equivalents of Non-Ad Valorem Tariffs -Methodology Notes. -UNCTAD, 2001. -11 Oct. URL: http://wits.worldbank.org/WITS/docs/AVEmeth.doc.
17. Allen M. Review of the IMFs Trade Restrictiveness Index (Background Paper to the Review of Fund Work on Trade). Prepared by the Policy Development and Review Department. -2005. -14 Febr. -20 p. URL: http://www.imf.org/external/np/pp/eng/2005/021405r.pdf
18. Amjadi A., Schuler P., Kuwahara H., Quadros S. World Integrated Trade Solution//Users Manual. -2011. -230 p. URL: http://wits.worldbank.org/data/public/WITS_User_Manual.pdf