In recent years, the demand for forest products has remained high, which, in turn, has intensified competition for timber exports. The Russian Far East is a region with one of… Click to show full abstract
In recent years, the demand for forest products has remained high, which, in turn, has intensified competition for timber exports. The Russian Far East is a region with one of the largest forest areas in the country; however, the competitiveness of the Far Eastern Federal District (FEFD) in wood forest product exports remains an open question. The purpose of this study is to assess and compare the competitiveness of the timber industry in the FEFD using a comprehensive competitiveness index. In this study, international trade indices were calculated on the basis of export and import data on wood forest products. Then, the indices were weighted by the methods of entropy weight and coefficient of variation. Finally, the two methods were combined, and a comprehensive competitiveness index of the Russian region’s timber industry was derived. The results show that the FEFD maintains competitiveness in the wood processing industry. The calculation results for the competitiveness of the woodworking industry will help to strengthen the attractiveness of trade in the Far Eastern Federal District and will contribute to the strengthening of positions in the domestic market and the expansion of trade relations of the FEFD in the international market. All of this will form new trade chains, which, in turn, will have a positive impact on the economic development of both the region itself and the countries that have trade relations with the FEFD in the sphere of export and import of wood products.
               
Click one of the above tabs to view related content.