The formation of Russian agrarian trade structure: inter-industry vs. intra-industry trade activities
Ishchukova, N., ITMO University, St. Petersburg (Russian Federation). Faculty of Economics and Environmental Management, | Smutka, L., Czech University of Life Sciences, Prague (Czech Republic). Dept. of Economics
The paper is focused on specialization of Russia's foreign trade in agrarian products and foodstuffs in terms of inter-industry and intra-industry trade. The main objective of this study is to analyse the extent of intra-industry trade in Russia's foreign trade in agricultural products and to identify significant changes in trade patterns at the industry level over the transformation period (1996-2012). The results coming from individual conducted analyses provide a systematic decomposition of Russia's foreign trade into three trade types: inter-industry, intra-industry in horizontally and vertically differentiated products. Inter-industry type of trade dominates in Russian foreign trade in agricultural and food products and accounts for about a third of total trade flows. The analysis revealed significant differences in the intensity of intra-industry trade, depending on geographic region. The lowest level of intra-industry trade is observed in relation to Africa and South America, the highest - in relation to Commonwealth of Independent States (CIS) countries. There were also found some trends, including the expanding intra-industry trade in relation to the CIS countries, as well as a decrease in relation to Asian and EU countries.
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