Template-Type: ReDIF-Paper 1.0
Author-Name: Borzhyh K.
Author-Name-First: K.
Author-Name-Last: Borzhyh
Author-Workplace-Name: RANEPA
Author-Name: Ponomarev Yuri
Author-Name-First: Yuri
Author-Name-Last: Ponomarev
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title: The transportation complex in Russia in 2019
Abstract: The transportation complex and its development, in particular the development of transportation infrastructure, is one of the most important factors of economic growth. Investments in infrastructure invariably have a huge impact on long-term economic growth. A lack of proper infrastructure development can give rise to bottlenecks, imbalances and a significant increase in the cost of doing business.[1]
The transportation and logistics complex and related activities play a significant role in the functioning of Russia’s national economy. According to data released by Rosstat, the transportation industry’s share in GDP in 2017 and 2018 was 7.0% and 6.5%, respectively, and at year-end 2019, it was 6.6%. 
According to the estimates released by the RF Ministry of Economic Development, from 2016 onwards the transportation sector has been making a positive input into GDP growth: 0.09 percentage points in 2016, 0.01 percentage points in 2017, and 0.19 percentage points in 2018; in Q1 and Q2 2019, 0.21 and 0.19 percentage points, respectively; and by year-end 2019, the annual input of the transportation industry into GDP growth is forecast be 0.12 percentage points. Through the existing inter-industry links, the transportation complex influences almost every sector of the national economy.
Classification-JEL: L91, L92, L93, L99
Keywords: Russian economy, foreign trade, customs regulation
Creation-Date: 2020
Revision-Date: 2020
Length: 22 pages
File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2020-1059.pdf
File-Format: application/pdf
File-Function: Revised Version, 2020
Handle: RePEc:gai:ppaper:ppaper-2020-1059