Statistical Analysis of the Russian Economy with Permanent Sanctions II: Regional Aspects

Session Submission Type: Panel

Brief Description

The Russian economy is holding up despite being hit with sanctions that were unprecedented even during the Soviet era. Economic relations between Russia and other countries, as well as those of the world as a whole, have changed significantly from before 2021, but they appear to have reached a new equilibrium point. Russia’s domestic industrial structure and interregional relationships are also undergoing major reorganization. The two panels we propose are an attempt to statistically support these changes. Through this kind of work, we would also like to think about how long such an economy and its economic relations can survive. We will discuss this topic focusing on industrial aspects (panel I) and on regional aspects (panel II).

Sub Unit

• Economic History/Economics/Business

Chair

• Yoshiko M. Herrera, U of Wisconsin-Madison

Papers

• Russian Regions in Wartime: Fiscal and Economic Effects of the Russo-Ukrainian War - Michael V. Alexeev, Indiana U Bloomington; Andrey Yushkov, Indiana U Bloomington

• Observations on the Distribution of Mineral Resource Rents among Russia’s Regions: Oil, Gas, Gold, and Diamond - Shinichiro Tabata, Hokkaido U (Japan)

• How Far Has Russia’s 'Turn to the East' Advanced?: A Survey on Merchandise Trade and Transportation Data - Michitaka Hattori, Hokkaido U (Japan)

Discussants

• William Henszey Pyle, Middlebury College

• Laura Susanna Solanko, Bank of Finland (Finland)