THE METHODOLOGY OF EVALUATION THE IMPORT SUBSTITUTION IN DIFFERENT INDUSTRY BRANCHES

Abstract

The introduction of the “import substitution” concept dates back to the middle of the XIX century, when a number of countries began to discuss the need for its implementation. The definition of “import substitution” is presented in many modern economic dic­tionaries and implies a reduction of the import of goods and services through the production of similar goods or services within the country.

Since the late 90’s Russia was faced with the problem of the rapid growth of import accompanied by the displacement of domestic producers from traditional internal markets.

At present, the scientific literature offers a small number of techniques to quantify the import substitution in different industry branches. The article presents the analysis of existing methods with their positive aspects and drawbacks.

The authors propose their own method of the qualitative evaluation of the import substitution based on analysis of the national accounting system. An analysis of the import shares of different industry products in the Volga federal district in the period 2007 -2011 is presented.. The authors introduce generalized indices to evaluate the import shares of different industry products in the Volga federal district in the period 2007 –2011.