Tuesday , July 27 2021
Home / Book / International Finance Discussion Papers: Disintegration

International Finance Discussion Papers: Disintegration

We study the effects of trade barriers and the persistence of past linkages on trade flows in the former Soviet Union (FSU). Estimating gravity equations on 1987-1996 trade among and between nine Russian regions and fourteen FSU republics, we find that Russian regions traded 60 percent more with each other than with republics in the reform period (1994-96). In contrast, they did not trade significantly more with each other than with republics in the pre-reform period (1987-90). Estimating a richer model, we find that trade barriers are primarily responsible for the current domestic bias. However, the existing infrastructure stock has significantly limited the recent reorientation in trade. Finally, we find evidence of anticipatory adjustment during the transition to independence.

Amazon Store: amazon.com

Author: Simeon Djankov, Caroline L. Freund,

Editor/Translator: United States Federal Reserve Board

Binding: Paperback

Condition: New

Manufacturer: BiblioGov

Number of items: 1

Number of pages: 46

Product group: Book

Studio: BiblioGov

Publication Date: February 8, 2013

Publisher: BiblioGov

Pages: 46

EAN: 9781288733675

ISBN: 1288733674

ASIN: 1288733674

View this book in Amazon

Simeon Djankov
Simeon Djankov, nonresident senior fellow at the Peterson Institute for International Economics, was deputy prime minister and minister of finance of Bulgaria from 2009 to 2013. In this capacity, he represented his country at the Ecofin meetings of finance ministers in Brussels. Prior to his cabinet appointment, Djankov was chief economist of the finance and private sector vice presidency of the World Bank.