RUSSIA`S MARKET AND PRODUCT-BASED EXPORT DIVERSIFICATION

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Journal of Life Economics
Volume:5 Issue:3
RUSSIA`S MARKET AND PRODUCT-BASED EXPORT DIVERSIFICATION

RUSSIA`S MARKET AND PRODUCT-BASED EXPORT DIVERSIFICATION

Authors : Birol ERKAN, Zekai Fatih SUNAY

Pages : 43-60

View : 15 | Download : 12

Publication Date : 2018-07-31

Article Type : Research Paper

Abstract :The Gini-Hirshman Index, Trade Concentration Ratio and Deviation Index has been used as the main measurement tools in this study. In the study, Russia has been analyzed in terms of market and product-based export diversifications between 2000-2016. Scores obtained at the end of the analyzes made reveal that the diversification of Russian exports is low on both market and product basis. It is obvious that high level of export concentrations will adversely affect the Russian economy. It is likely that Russia, which can not diversify its exports on a market and product basis will be influenced by the global crisis.of the future.
Keywords : Export Diversification, Gini Hirschman Index, Trade Concentration Ratio, Deviation Index, Russia

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