Template-Type: ReDIF-Paper 1.0
Author-Name: Borzykh Ksenia
Author-Name-First: Ksenia
Author-Name-Last: Borzykh
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: Russia’s Transportation Industry
Abstract: The transportation industry is not only a key sector of the economy, but also its indispensable glue. The development of transport infrastructure is a major factor of economic growth and a key driver of exit from the economic crisis. In the past few years, the transportation industry demonstrated upturn dynamic both in terms of the development of infrastructure and the volumes of transportation. In 2020, the COVID-19 pandemic and the relevant restrictions aimed at fighting the spread thereof led to substantial changes in the supply and demand situation on numerous markets, not only affecting directly freight and passenger traffic, but also making a sizable portion of the population revise their views on the need and required parameters of the infrastructure (not only transport infrastructure, but also social-information and communication ones).
Classification-JEL: L91, L92, L93, L99
Keywords: Russian economy, transportation industry,  foreign trade, customs regulation
Creation-Date: 2021
Revision-Date: 2021
Length: 12 pages
File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2021-1136.pdf
File-Format: application/pdf
File-Function: Revised Version, 2021
Handle: RePEc:gai:ppaper:ppaper-2021-1136