Interindustry Competition in Russia’s Economy

Research output: Contribution to journalArticlepeer-review

Abstract

The article presents an approach to analyzing the role of interindustry competition in the formation of the sectoral composition of the national economy. The approach is original in its emphasis on competitive mechanisms of interindustry interactions, taking into account redistribution of national economic resources between sectors of the national economy. Three key channels of such interactions are considered: foreign trade, the labor market, and the financial market. Testing the proposed approach on the example of Russia reveals that interindustry competition plays a major role in changes in the sectoral composition of its economy. Considering the channels of interindustry interaction leads to a deeper understanding of processes that cause such changes.

Original languageEnglish
Pages (from-to)505-513
Number of pages9
JournalStudies on Russian Economic Development
Volume31
Issue number5
DOIs
Publication statusPublished - 1 Sep 2020

Keywords

  • foreign trade
  • interindustry competition
  • investment
  • labor market
  • sectoral composition of Russia’s economy

OECD FOS+WOS

  • 5.02 ECONOMICS AND BUSINESS

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