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Russia’s Chemical and Petrochemical Industries at the Eve of WTO-Accession

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  • Oliver Budzinski

    ()
    (Department of Environmental and Business Economics, University of Southern Denmark)

  • Elmira Schaimijeva

    ()
    (TOU WPO The Institute for Economics, Management and Law)

  • Gjusel Gumerova

    ()
    (GOU WPO The Academy of National Economy under the Government of the Russian Federation, Moscow)

  • Jörg Jasper

    ()
    (EnBW Berlin)

Abstract

Although Russia’s WTO-accession is foreseeable, there are still deficits in the literature on its concrete effects on the sectoral and regional levels. In this paper we analyse effects on Russia’s chemical and petrochemical sectors (CPS), which are, unlike for example its oil and mineral gas industry, rarely in the focus of public attention. On the basis of an extensive examination of these sectors’ current condition, we expect serious problems for them to emerge in the nearer future, the perhaps most serious and most puzzling problem being under-investment. Our analysis is based on data provided by GOSKOM-STAT/ROSSTAT, Russia’s official statistics institute. The authors like to thank Henning P. Jørgensen for valuable comments on an ear-lier version of the paper.

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File URL: http://www.sdu.dk/~/media/Files/Om_SDU/Institutter/Miljo/ime/wp/budzinski100.ashx
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Bibliographic Info

Paper provided by University of Southern Denmark, Department of Environmental and Business Economics in its series Working Papers with number 100/10.

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Length: 65 pages
Date of creation: Mar 2010
Date of revision:
Handle: RePEc:sdk:wpaper:100

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Keywords: Russia; chemical and petrochemical industries; WTO;

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