Imported products in construction activities: quantitative analysis of relationship (case of the Russian Far East)

Abstract The article is devoted to assessing the dependence of the volume of construction work carried out in the region on products imported and used in construction. Econometric modeling is used as the main research method: dynamic models with distributed lag. For the case of the Russian Far East, estimates of the multipliers of imported products for regional construction are obtained. Multipliers show a low rate of decrease in the impact of imports on the dynamics of the volume of construction work: less than 1.7% per year. Therefore, for example, during the first eight years after the purchase of imported equipment, only 12.52% of its total long-term impact on the volume of construction is sold. The results can be used to determine the forecast dynamics of the volume of construction work depending on the actual and target indicators of imports of machinery and equipment.