Intra-industry Trade in the EAEU: Case of Machine Building

DOI

10.2991/icefb-19.2019.28How to use a DOI?

Keywords

EAEU; Eurasian integration; intra-industry trade; machine building; industrial cooperation

Abstract

The paper investigates the specifics of intraindustry trade in machine building in the EAEU in 2011-2018. Major quantitative tool applied is Grubel-Lloyd index computed for 10 pairs of the EAEU states. It has been revealed that mutual trade in machine building between Belarus and Russia is predominantly of the intra-trade status. Out of the troika states relative potential of intra-trade growth has been identified in Kazakhstan-Armenia and Kyrgyzstan-Kazakhstan pairs. However, lack of consistent intra-industry exchange in machine building between the EAEU members as well as absence of related supranational regulation do challenge the development of industrial cooperation in the EAEU. The paper concludes that common industrial policy with its digital and inclusive agenda might foster the industrial cooperation in the EAEU and, thus, deepen integration in the EAEU

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  - Yegor V. Pak
PY  - 2019/12
DA  - 2019/12
TI  - Intra-industry Trade in the EAEU: Case of Machine Building
BT  - Proceedings of the External Challenges and Risks for Russia in the Context of the World Community’s Transition to Polycentrism: Economics, Finance and Business (ICEFB 2019)
PB  - Atlantis Press
SP  - 111
EP  - 114
SN  - 2352-5428
UR  - https://doi.org/10.2991/icefb-19.2019.28
DO  - 10.2991/icefb-19.2019.28
ID  - Pak2019/12
ER  -