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Адекватность Закрытой Модели Для Российской Экономики В Задаче Сравнительного Анализа Энергетической Стратегии России
[Adequacy of a closed model for Russian economy in the problem of comparative analysis of Russia's Energy Strategy]

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  • Bazhanov, Andrei
  • Belyaev, Alexander

Abstract

We compare the short- and the long-run consequences of Russia's Energy Strategy to 2020 and of the project of the Strategy to 2030 with a hypothetical scenario of the weak-sustainable oil extraction, starting from 2008 and providing asymptotically constant per capita consumption in the long run. The problem was examined by Andreeva, Bazhanov (2007) and Bazhanov, Tyukhov (2008) for the closed Dasgupta-Heal-Solow-Stiglitz model. In this paper, we show that the open-economy assumptions do not change the qualitative results of comparative analysis, which are not in favor of the Strategy in the long run.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 15109.

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Date of creation: 07 May 2009
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Handle: RePEc:pra:mprapa:15109

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Keywords: weak sustainability; nonrenewable essential resource; Russia's Energy Strategy; open economy;

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  4. Bazhanov, Andrei, 2008. "Sustainable growth in a resource-based economy: the extraction-saving relationship," MPRA Paper 12350, University Library of Munich, Germany.
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