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Russian Foreign Trade Price Competitiveness

Audrey Gnidchenko*, Vladimir Salnikov

Authors affiliation: Center for Macroeconomic Analysis and Short-Term Forecasting; Institute of Economic Forecasting, Russian Academy of Sciences (Moscow, Russia). * Corresponding author, email: agnidchenko@forecast.ru.

We examine export and import prices for Russian commodities relative to world prices during 2002—2011 across aggregated and disaggregated commodity groups. We also propose an aggregated export price competitiveness index as a tool of monitoring quality dynamics and a composite price competitiveness rating by commodity groups.

Keywords: price competitiveness, export prices, export quality, foreign trade, Russia, commodity groups.

JEL: F14.