Time Series Research of Foreign Trade Operations of Post-Soviet Countries

DOI

10.2991/hssnpp-19.2019.166How to use a DOI?

Keywords

time series, foreign economic activity, export, import, post-Soviet countries

Abstract

The paper presents the structure and the dynamics of external trade performance of post-Soviet countries. Historical time series of external trade performance during the period from 1960 to 2016 are used as the empirical basis. The structure of exports and imports of post-Soviet countries has some characteristics, established back in the USSR. Post-Soviet countries were unable to reconstruct the economy radically and to adjust the release of industrial products competitive in the global market. USA, Germany, France and Japan has always been and still are trading partners of post-Soviet countries, among new partners Gulf countries and APAC countries (primarily China) can be named. An important aspect of the global trade between described countries is a significant level of mutual trade, which exceeds 50% of all trade in some republics. The use of the Chow test confirmed that crises have a significant impact in foreign economic activity of post-Soviet countries.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - V. Nosov
AU  - A. Tcypin
AU  - L. Mineeva
AU  - A. Pshentsova
AU  - I. Mukhina
PY  - 2019/07
DA  - 2019/07
TI  - Time Series Research of Foreign Trade Operations of Post-Soviet Countries
BT  - Proceedings of the Internation Conference on "Humanities and Social Sciences: Novations, Problems, Prospects" (HSSNPP 2019)
PB  - Atlantis Press
SP  - 865
EP  - 870
SN  - 2352-5398
UR  - https://doi.org/10.2991/hssnpp-19.2019.166
DO  - 10.2991/hssnpp-19.2019.166
ID  - Nosov2019/07
ER  -