Institutional Repositories DataBase (IRDB) · 2013 · 14 citations · 13 references
Open access
Social SciencesBusiness EconomicsEconomicsForeign Direct InvestmentInternational EconomicsInternational TradeCross-border TradeFdi DeterminantsRussian EconomyTrade GeographyForeign Direct Investment AnalysisForeign Direct Investment Effects On TradeGravity Model Of TradeInternational Trade EconomicsPanel Data EstimationPanel Data RegressionTrade Volume AnalysisTrade Volume Effects
Abstract: In this paper, we estimated a gravity model of Russian trade using panel data from Russia and 23 OECD member countries. Our estimation results indicate that foreign direct investment and socio-cultural similarity are determining factors in the trade volume between Russia and these developed economies. We also found that the trade and investment activities of Russian firms differ considerably from their counterparts in developed economies.
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João Santos Silva, Silvana Tenreyro · The Review of Economics and Statistics · 2006 · 6.1K citations · Full text