Observed price levels vs. predicted manufacturing prices for Russian regions.
Source: Observed prices from Gluschenko and Karandashova (2016). Predicted manufacturing prices from author’s model simulations.
Part of: Melchior A (2019) Russia in world trade: Between globalism and regionalism. Russian Journal of Economics 5(4): 354-384. https://doi.org/10.32609/j.ruje.5.49345