Template-Type: ReDIF-Paper 1.0

Author-Name: Danila Karpov

Author-Email: danilakarpovme@gmail.com

Author-Workplace-Name: Bank of Russia, Russian Federation



Title: Russia's Dependence on Import of Intermediate Goods




Abstract: This paper assesses the direct and indirect dependence of Russia's economy on imported inputs across various industries. The author compares these figures with similar data for other economies. Additionally, we indirectly take into account the quality aspect of this dependence, that is, a small number of possibly critical components for industries that might exist. We assess both the direct dependence of industries and their indirect dependence resulting from consumption of other domestic sectors' products also containing imported components. The findings of the research suggest that the dependence of the sectors of the Russian economy on imported inputs is relatively low, even though the share of imports for certain industries can be high in absolute terms. In most of the sectors, dependence on imports is the same as or does not exceed the average for a similar group of economies.



Length: 29 pages

Creation-Date: 2022-12

Revision-Date:

Publication-Status:

File-URL: https://cbr.ru/Content/Document/File/144139/wp_106_e.pdf

File-Format: Application/pdf

File-Function:

Number:wps106

Classification-JEL: C67, D57, F14.

Keywords: input-output tables, import dependence, intermediate goods imports

Handle:RePEc:bkr:wpaper:wps106