Authors :
Griadasova Larisa
Volume/Issue :
Volume 5 - 2020, Issue 3 - March
Google Scholar :
https://goo.gl/DF9R4u
Scribd :
https://bit.ly/2RrpnML
Abstract :
The purpose of this study is to analyze the
factors affecting the change in the structure of trade
between China and Russia, in particular, to study the
influence of technological innovation factors on the
structure of trade. Using the method of empirical
regression analysis, this article attempts to study the
factors affecting the commodity structure of trade
between Russia and China, mainly from direct
investment, capital labor ratio, Gross Domestic Product
and technical innovation indicators. R&D expenditure
as a percentage of GDP, the equivalent of full time R&D
personnel, and patent authorization selected as
technical Innovation Indicators. The results show that
the main factors affecting Russian export trade
structure to China are the accumulated amount of
direct investment by China in Russia, the ratio of
capital to labor, the proportion of R&D expenditure,
and the main factors affecting Russian import trade
structure to China are Russia's GDP, capital labor
ratio, R&D expenditure and patent authorization. From
the export model, the symbols of explanatory variable
coefficients in the model are all positive. Therefore, the
growth of these influencing factors can promote the
optimization of the structure of trade in goods between
Russia and China. Based on the import model, the main
factors that affect the import of Russian machinery
goods from China are Russia's GDP, capital labor ratio,
R&D expenditure and the number of patent
authorizations. Russia's GDP and capital labor ratio
make a positive contribution to Russian import of
Chinese machinery goods. The R&D expenditure and
the number of patent authorizations are negatively
related to the proportion of machinery imports. It can
be seen that the factors affecting the import and export
structure are not the same.
Keywords :
China-Russian Trade; Trade Structure; Affecting Factors.
The purpose of this study is to analyze the
factors affecting the change in the structure of trade
between China and Russia, in particular, to study the
influence of technological innovation factors on the
structure of trade. Using the method of empirical
regression analysis, this article attempts to study the
factors affecting the commodity structure of trade
between Russia and China, mainly from direct
investment, capital labor ratio, Gross Domestic Product
and technical innovation indicators. R&D expenditure
as a percentage of GDP, the equivalent of full time R&D
personnel, and patent authorization selected as
technical Innovation Indicators. The results show that
the main factors affecting Russian export trade
structure to China are the accumulated amount of
direct investment by China in Russia, the ratio of
capital to labor, the proportion of R&D expenditure,
and the main factors affecting Russian import trade
structure to China are Russia's GDP, capital labor
ratio, R&D expenditure and patent authorization. From
the export model, the symbols of explanatory variable
coefficients in the model are all positive. Therefore, the
growth of these influencing factors can promote the
optimization of the structure of trade in goods between
Russia and China. Based on the import model, the main
factors that affect the import of Russian machinery
goods from China are Russia's GDP, capital labor ratio,
R&D expenditure and the number of patent
authorizations. Russia's GDP and capital labor ratio
make a positive contribution to Russian import of
Chinese machinery goods. The R&D expenditure and
the number of patent authorizations are negatively
related to the proportion of machinery imports. It can
be seen that the factors affecting the import and export
structure are not the same.
Keywords :
China-Russian Trade; Trade Structure; Affecting Factors.
