| In the section | Articles |
| Title of the article | Multidimensional Model of the Eurasian Economic Integration |
| Pages | 14-29 |
| Author 1 | Irina Pavlovna Gurova Doctor of Economics, Professor, full Professor of the Department of international economic relations and foreign economic ties Federal state autonomous institution of higher education «Moscow State Institute of International Relations (University) of the Ministry of Foreign Affairs Russian Federation» (MGIMO University) 76, pr-t Vernadskogo, Moscow, Russia, 119454 This email address is being protected from spambots. You need JavaScript enabled to view it. |
| Abstract | The article substantiates the need for the relevant concept of Eurasian integration with respect to collective priorities of the EAEU in the field of economic development and modernization. The scope of research includes integration processes in the European Union and EAEU, their features and contradictions. We revealed distinctions in integration priorities: in the EU - efficiency and competition, in EAEU - modernization and economic development. The importance of technological and investment exchange for the growth of bilateral trade in the regional market of the CIS was proved on the basis of the gravity equation of trade and multiple regression. We stated that regional trade is an important factor for modernization of economy. The synergy effect of trade, investment and technological exchange can be achieved in regional value added chains. Integration policy within EAEU must include promotion of regional value added chains. The article contains valid conclusion about limitations of the linear model of the regional integration of the European Union and need to develop the multidimensional model of the Eurasian integration. Results of research are intended for scientific justification of integration policy of EAEU. |
| Code | 339.924 |
| DOI | 10.14530/se.2016.1.014-029 |
| Keywords | еurasian integration ♦ gravity equation of trade ♦ EAEU ♦ CIS ♦ global and regional value added chains |
| Download | SE.2016.1.014-029.Gurova.pdf |
| For citation | Gurova I.P. Multidimensional Model of the Eurasian Economic Integration. Prostranstvennaya Ekonomika = Spatial Economics, 2016, no. 1, pp. 14-29. DOI: 10.14530/se.2016.1.014-029. (In Russian). |
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| Financing | The results of the research within the project RFBR «Theoretical and econometric study of the CIS regional trade», the project No. 13-06-00001. |
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