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Scenarios of transition to sustainable oil extraction in Russia

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Author Info
Andreeva, Anastasiya
Bazhanov, Andrei

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Abstract

The rates of oil depletion are increasing during the last ten years in Russia and the Russian Energy Program, approved by the government, implies further growth of oil production by 2020. We used the transition curves analysis in aggregate model to examine the long-run consumption along different possible paths of oil extraction. We conclude that the long-run consumption along the paths associated with the Energy Program is about twice as less as the consumption along the paths switching to sustainable extraction in the short run.

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File URL: http://mpra.ub.uni-muenchen.de/5343/
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 5343.

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Date of creation: 08 Oct 2007
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Handle: RePEc:pra:mprapa:5343

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Related research
Keywords: Nonrenewable resource Sustainable development Transition curve analysis

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Find related papers by JEL classification:
Q38 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Government Policy (includes OPEC Policy)
Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Hartwick, John M, 1977. "Intergenerational Equity and the Investing of Rents from Exhaustible Resources," American Economic Review, American Economic Association, vol. 67(5), pages 972-74, December. [Downloadable!] (restricted)
    Other versions:
  2. Bazhanov, Andrei, 2007. "The peak of oil extraction and consistency of the government's short- and long-run policies," MPRA Paper 2507, University Library of Munich, Germany. [Downloadable!]
  3. Bazhanov, Andrei V., 2007. "The transition to an oil contraction economy," Ecological Economics, Elsevier, vol. 64(1), pages 186-193, October. [Downloadable!] (restricted)
  4. Bazhanov, Andrei & Vyscrebentsev, Alexei, 2005. "The adequacy of Hubbert’s curves for the forecasting of the rates of oil extraction," MPRA Paper 479, University Library of Munich, Germany. [Downloadable!]
  5. Bazhanov, Andrei, 2006. "Decreasing of Oil Extraction: Consumption behavior along transition paths," MPRA Paper 469, University Library of Munich, Germany. [Downloadable!]
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Bazhanov, Andrei, 2008. "Sustainable growth: The extraction-saving relationship," MPRA Paper 9911, University Library of Munich, Germany. [Downloadable!]
  2. Bazhanov, Andrei & Tyukhov, Igor, 2008. "Russian Energy Strategy and development of renewable power industry," MPRA Paper 8804, University Library of Munich, Germany. [Downloadable!]
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