Risks to Sustainable Economic Development in Russia Under Sanction-Induced Import Restrictions: A Regional and Sectoral Perspective
DOI:
https://doi.org/10.5377/reice.v12i24.20091Keywords:
Import substitution, intersectoral balance, types of economic activities, manufacturing industry, economic development sustainabilityAbstract
The purpose of the article was to analyze the direct and indirect dependencies of Russia's economic sectors on imports of intermediate and final consumption. The methodological foundation of the study is the construction of an intersectoral balance through the creation and subsequent analysis of "input-output" tables. The statistical data were collected from Rosstat for the period from 2012 to 2020. The object of the study is the Russian Federation. Based on the evaluations carried out, the most critical areas have been identified that determine the dependency of the Russian national economy on the import of intermediate and final products within the system of economic activity organization for the major types of economic activities. An important result of the work is the assessment of import dependency across individual sectors of the manufacturing industry.
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