Assessment of the Export Potential of Russian Engineering

Abstract

The article attempts to assess the possible parameters of the state of mechanical engineering in Russia in the event of a significant increase in the export of its products provided for by the national project “International Cooperation and Export”. The evaluation of the parameters is based on the premise that an increase in the export of engineering products will entail an increase in the volume of its production (provided that there is no decrease in domestic consumption) in the country, which in turn will necessitate a possible re-equipment and reconstruction of existing industries and the creation of new ones. In addition, increasing the output of competitive high-tech products will require increased R&D and the creation of related organizations. All this in total may require significant investment. Evaluation of hypothetical investments in the implementation of intentions to increase the export of engineering products was carried out according to the table of use of domestic products at basic prices from the Rosstat system of input-output tables. At the same time, the original table was transformed into a worksheet with the inclusion of the investment unit, as a result of calculations on which, apart from hypothetical investments equal to the difference between the initial and estimated values of fixed assets, the impact on the output of economic activities related to engineering was determined.