WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 17, 2020
Forecast of Development of the Dual-Use Industrial Products Market
Authors: ,
Abstract: The purpose of the research is to analyse the market for dual-use industrial products in Russia and to make a forecast of its development through the example of the machinery and technical products export. The factors that affect the functioning of the dual-use product market are highlighted, including gross domestic product, the volatility index, oil price, and the dollar index. A multiplicative dynamic series decomposition model was used to forecast the export of dual-use machinery and technical products. It has been established that the export of dual-use machinery and technical products is characterised by a decrease in the medium-term forecast period (2020–2024). To intensify market development, priority areas for cooperation and expansion of joint projects in the military-industrial complex have been formulated. The practical significance of the results obtained is the ability to determine the points of innovative growth of the dual-use industrial products market in Russia
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Pages: 987-992
DOI: 10.37394/23207.2020.17.97