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The Development of the Oil Sector of the Russian Economy: Main Trends and Public Policy
[Развитие Нефтяного Сектора Экономики России: Основные Тенденции И Государственная Политика]

Author

Listed:
  • Bobylev, Yuri (Бобылев, Юрий)

    (Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Rasenko, O.A. (Расенко, О.)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

Abstract

The oil sector is one of the base in the Russian economy and plays a leading role in the formation of government revenues and the country's trade balance. This paper analyzes the main trends in the Russian oil sector, including the production and processing of crude oil, petroleum exports, domestic consumption of oil, the price of oil and petroleum products, government regulation. Proposed public policy measures to ensure the further development of the oil sector of the Russian economy.

Suggested Citation

  • Bobylev, Yuri (Бобылев, Юрий) & Rasenko, O.A. (Расенко, О.), 2016. "The Development of the Oil Sector of the Russian Economy: Main Trends and Public Policy [Развитие Нефтяного Сектора Экономики России: Основные Тенденции И Государственная Политика]," Working Papers 1667, Russian Presidential Academy of National Economy and Public Administration.
    • Handle: RePEc:rnp:wpaper:1667
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    References listed on IDEAS

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    1. Iyengar, Shanto, 1978. "Electoral Politics in the Indian States. Edited by Myron Weiner and John Osgood Field. 4 Volumes. - Vol. 1: The Communist Parties of West Bengal. By John Osgood Field and Marcus F. Franda. 1974. Pp. x," American Political Science Review, Cambridge University Press, vol. 72(3), pages 1141-1142, September.
    2. Yu. Bobylev., 2015. "The Development of the Oil Sector in Russia," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 6.
    3. Merve Karacaer-Ulusoy & Ayhan Kapusuzoglu, 2017. "The Dynamics of Financial and Macroeconomic Determinants in Natural Gas and Crude Oil Markets: Evidence from Organization for Economic Cooperation and Development/Gulf Cooperation Council/Organization," International Journal of Energy Economics and Policy, Econjournals, vol. 7(3), pages 167-187.
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    Cited by:

    1. Bobylev, Yuri & Rasenko, Olesya, 2017. "Comparative Analysis of Tax Regimes in the Oil Sector," Working Papers 041723, Russian Presidential Academy of National Economy and Public Administration.

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    Keywords

    Russia; oil; economy;
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