Import of Russian regions under conditions of COVID-19

Abstract

The article examines the import activities of the subjects of the Russian Federation in the context of the coronavirus infection spread, analyses the import dynamics for 2019–2021, and constructs a regression model of panel data confirming the relationship between imports and the number of COVID-19 cases. It has been found that the number of cases of COVID-19 is directly impact on the import. Import volumes, in value terms, for the period 2019–2021, show a steady increase, which can be explained by an increase in mortality in the Russia, socio-economic consequences associated with the spread of COVID-19, and anticovidal sanitary and epidemiological restrictions.

Keywords

• coronavirus infection
• covid-19
• coronavirus
• export
• russian regions
• foreign economic activity
• foreign trade activity
• regression analysis
• panel data