The estimation of gravity models of Russian interregional trade in monopolistically competitive goods
Abstract
The modern approaches to estimation of gravity models of trade are used to analyze Russian interregional consumer goods trade. The results obtained indicate a high distance elasticity of trade and low elasticity of substitution between varieties of goods. The main reasons for the negative impact of distance on trade are the quality of infrastructure and institutions, as well as various possibilities of different manufacturers to overcome this impact.
About the Author
A. V. MishuraRussian Federation
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Review
For citations:
Mishura A.V. The estimation of gravity models of Russian interregional trade in monopolistically competitive goods. World of Economics and Management. 2012;12(4):52-58. (In Russ.)