Structural changes in Russia's industry: The current situation and forecast

Purpose: The objective of this paper is to analyze the dynamics of change in industrial production in Russia from 2008 to 2019 across a set of indicators characterizing structural changes in industry, specifically its extractive, manufacturing, and production and distribution of electricity, gas, an...

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Autores principales: Belkin Yuri, Ryzhakova Alla, Sedova Nadezhda, Shishkin Anatoly
Formato: article
Lenguaje:EN
Publicado: Institut za istrazivanja i projektovanja u privredi 2021
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Acceso en línea:https://doaj.org/article/3b7253e607da475fb04268453ade74d4
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spelling oai:doaj.org-article:3b7253e607da475fb04268453ade74d42021-12-05T21:23:13ZStructural changes in Russia's industry: The current situation and forecast1451-41171821-319710.5937/jaes0-29159https://doaj.org/article/3b7253e607da475fb04268453ade74d42021-01-01T00:00:00Zhttps://scindeks-clanci.ceon.rs/data/pdf/1451-4117/2021/1451-41172103649B.pdfhttps://doaj.org/toc/1451-4117https://doaj.org/toc/1821-3197Purpose: The objective of this paper is to analyze the dynamics of change in industrial production in Russia from 2008 to 2019 across a set of indicators characterizing structural changes in industry, specifically its extractive, manufacturing, and production and distribution of electricity, gas, and water sectors. Design/Methodology/Approach: The work provides a forecast of output in the three sectors of industry using methods such as Holt's method and factor analysis, with structural shifts projected using the methods of Szalai, Ryabtsev, Gatev, and Kazinets. Findings: The empirical results show further changes in the structure of industrial production in the Russian Federation and an increase in manufacturing production at the same time due to a decrease in production by the type of activity "Mining". Practical Implications: Investors who plan to invest in the Russian Federation should bear in mind that investments in manufacturing production are advisable. Originality/value: To initiate progressive structural changes, the development and qualitative transformation of the structure of the manufacturing industry is necessaryBelkin YuriRyzhakova AllaSedova NadezhdaShishkin AnatolyInstitut za istrazivanja i projektovanja u privrediarticleindustrystructural changesforecastingcovid-19TechnologyTEngineering (General). Civil engineering (General)TA1-2040ENIstrazivanja i projektovanja za privredu, Vol 19, Iss 3, Pp 649-658 (2021)
institution DOAJ
collection DOAJ
language EN
topic industry
structural changes
forecasting
covid-19
Technology
T
Engineering (General). Civil engineering (General)
TA1-2040
spellingShingle industry
structural changes
forecasting
covid-19
Technology
T
Engineering (General). Civil engineering (General)
TA1-2040
Belkin Yuri
Ryzhakova Alla
Sedova Nadezhda
Shishkin Anatoly
Structural changes in Russia's industry: The current situation and forecast
description Purpose: The objective of this paper is to analyze the dynamics of change in industrial production in Russia from 2008 to 2019 across a set of indicators characterizing structural changes in industry, specifically its extractive, manufacturing, and production and distribution of electricity, gas, and water sectors. Design/Methodology/Approach: The work provides a forecast of output in the three sectors of industry using methods such as Holt's method and factor analysis, with structural shifts projected using the methods of Szalai, Ryabtsev, Gatev, and Kazinets. Findings: The empirical results show further changes in the structure of industrial production in the Russian Federation and an increase in manufacturing production at the same time due to a decrease in production by the type of activity "Mining". Practical Implications: Investors who plan to invest in the Russian Federation should bear in mind that investments in manufacturing production are advisable. Originality/value: To initiate progressive structural changes, the development and qualitative transformation of the structure of the manufacturing industry is necessary
format article
author Belkin Yuri
Ryzhakova Alla
Sedova Nadezhda
Shishkin Anatoly
author_facet Belkin Yuri
Ryzhakova Alla
Sedova Nadezhda
Shishkin Anatoly
author_sort Belkin Yuri
title Structural changes in Russia's industry: The current situation and forecast
title_short Structural changes in Russia's industry: The current situation and forecast
title_full Structural changes in Russia's industry: The current situation and forecast
title_fullStr Structural changes in Russia's industry: The current situation and forecast
title_full_unstemmed Structural changes in Russia's industry: The current situation and forecast
title_sort structural changes in russia's industry: the current situation and forecast
publisher Institut za istrazivanja i projektovanja u privredi
publishDate 2021
url https://doaj.org/article/3b7253e607da475fb04268453ade74d4
work_keys_str_mv AT belkinyuri structuralchangesinrussiasindustrythecurrentsituationandforecast
AT ryzhakovaalla structuralchangesinrussiasindustrythecurrentsituationandforecast
AT sedovanadezhda structuralchangesinrussiasindustrythecurrentsituationandforecast
AT shishkinanatoly structuralchangesinrussiasindustrythecurrentsituationandforecast
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