| Budget Amount *help |
¥17,550,000 (Direct Cost: ¥13,500,000、Indirect Cost: ¥4,050,000)
Fiscal Year 2014: ¥4,290,000 (Direct Cost: ¥3,300,000、Indirect Cost: ¥990,000)
Fiscal Year 2013: ¥6,240,000 (Direct Cost: ¥4,800,000、Indirect Cost: ¥1,440,000)
Fiscal Year 2012: ¥7,020,000 (Direct Cost: ¥5,400,000、Indirect Cost: ¥1,620,000)
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| Outline of Final Research Achievements |
Russia’s postwar growth was totally analyzed by estimating traditional production functions as well as two channels (the oil price-terms of trade-GDP channel and the oil price-energy efficiency-GDP channel). Our analysis was further developed through a comparative analysis of these two channels with other oil-rich emerging economies.
Regarding value-added trade, theoretically, it was proved that the concept of value-added trade defined by the WTO can be re-defined through gross exports and imports. Empirically, re-estimating Russia’s value-added and trade flow of its mining in a well-defined manner, appropriate pictures of Russia's global value chains, in particular, with the EU were drawn using the international Leontief inverse and gross trade data. Research results have frequently been addressed to the world through articles and speeches in English and Japanese as well.
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