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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. Mishura
Институт экономики и организации промышленного производства СО РАН, Новосибирск Новосибирский национальный исследовательский государственный университет, Новосибирск
Russian 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.)

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