Explaining the performance of Russian export: what role does the soft and hard infrastructure play? Online publication date: Mon, 05-Nov-2018
by Sergey M. Kadochnikov; Anna A. Fedyunina
International Journal of Economic Policy in Emerging Economies (IJEPEE), Vol. 11, No. 6, 2018
Abstract: In this paper, we estimate the effects of 'hard' and 'soft' infrastructure on export performance in Russian regions. We use data for export flows from 20 Russian regions to 124 countries in 2002-2010. Empirical estimates employ continuous-time Cox model and discrete-time complementary log-log and probit models and account for size and time effects for export flows. We find positive effects of hard and soft infrastructure that are falling over time and are more important for larger exporters. This paper contributes to the literature by demonstrating potential gains from investments into 'hard' infrastructure and improvements in 'soft' infrastructure for export performance in the Russian economy.
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