Estimation of the export demand function (for example, Russia’s trade with Germany

Author:

Iordanova V.1,Shapor M1

Affiliation:

1. Russian Presidential Academy of National Economy and Public Administration

Abstract

The authors of this scientific article propose an approach that allows to describe the dependence of the export dynamics of the studied exporting country on the socio-economic state of the importing countries, followed by modeling and forecasting the export development of the studied country, taking into account the analysis of various scenario conditions for the development of the world economy. Within the framework of this scientific article, we also provide our own methodological development of a criterion for the eff ectiveness of a country’s export, based on the formula used by the Federal Statistical Office of Germany for assessing the eff ectiveness (productivity) of a country’s export using our hypothesis about the relationship between the socio-economic state of importing countries and the dynamics of the country’s export volumes — exporter.

Publisher

PANORAMA Publishing House

Reference7 articles.

1. Shapor M. A. The impact of macroeconomic indicators of country porters on the dynamics of exports of Germany and Russia, taking into account changes in world prices for hydrocarbons: Dis. ... PhD in Economics. - M., 2019 — - 196 p.

2. B. Bhaskara Rao, Roop Singh. Evaluation of export equations / / Letters on Applied Economics. - 2007. - Vol. 14. - No. 11. - pp. 799-802.

3. Hendrik Hautaker, Stephen P. Magee. Elasticity of income and prices in world trade / / Review of Economics and Statistics. - 1969. - Volume 51. - Is. 2. - p. 111-25.

4. Kabir M. R. Estimation of import demand and export demand functions // Bangladesh Development Studies. - 1988. - Volume 16. - No. 4. - pp. 115-127.

5. Sagayan Said Yu. Assessment of export demand for US corn and soybeans in the main directions // Theses and dissertations-Agricultural Economics. - 2017. - No. 53.

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