{"title":"Intra-industry Trade in the EAEU: Case of Machine Building","authors":"Yegor V. Pak","doi":"10.2991/icefb-19.2019.28","DOIUrl":null,"url":null,"abstract":"The paper investigates the specifics of intraindustry trade in machine building in the EAEU in 2011-2018. Major quantitative tool applied is Grubel-Lloyd index computed for 10 pairs of the EAEU states. It has been revealed that mutual trade in machine building between Belarus and Russia is predominantly of the intra-trade status. Out of the troika states relative potential of intra-trade growth has been identified in Kazakhstan-Armenia, Kyrgyzstan-Belarus and KyrgyzstanKazakhstan pairs. However, lack of consistent intra-industry exchange in machine building between the EAEU members as well as absence of related supranational regulation do challenge the development of industrial cooperation in the EAEU. The paper concludes that common industrial policy with its digital and inclusive agenda might foster the industrial cooperation in the EAEU and, thus, deepen integration in the EAEU. Keywords—EAEU; Eurasian integration; intra-industry trade; machine building; industrial cooperation","PeriodicalId":165952,"journal":{"name":"Proceedings of the External Challenges and Risks for Russia in the Context of the World Community’s Transition to Polycentrism: Economics, Finance and Business (ICEFB 2019)","volume":"67 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Proceedings of the External Challenges and Risks for Russia in the Context of the World Community’s Transition to Polycentrism: Economics, Finance and Business (ICEFB 2019)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2991/icefb-19.2019.28","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
Abstract
The paper investigates the specifics of intraindustry trade in machine building in the EAEU in 2011-2018. Major quantitative tool applied is Grubel-Lloyd index computed for 10 pairs of the EAEU states. It has been revealed that mutual trade in machine building between Belarus and Russia is predominantly of the intra-trade status. Out of the troika states relative potential of intra-trade growth has been identified in Kazakhstan-Armenia, Kyrgyzstan-Belarus and KyrgyzstanKazakhstan pairs. However, lack of consistent intra-industry exchange in machine building between the EAEU members as well as absence of related supranational regulation do challenge the development of industrial cooperation in the EAEU. The paper concludes that common industrial policy with its digital and inclusive agenda might foster the industrial cooperation in the EAEU and, thus, deepen integration in the EAEU. Keywords—EAEU; Eurasian integration; intra-industry trade; machine building; industrial cooperation