REGIONAL DEVELOPMENT
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
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
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