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Factor analysis of Russian oil and petroleum products exports under current conditions

Author

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  • Ibragim Ramisovich Magomedov

    (Russian Customs Academy, MO, Lyubertsy, Russia)

Abstract

In the article, basing on the results of the Russian exports analysis its peculiar orientation towards energy and raw materials is justified. The role and impact of oil and petroleum products exports on the federal budget revenues is examined. The structure and changes in energy revenues of the federal budget for the period 2016-2019 are analyzed. On the basis of quantitative indicators of oil industry growth with the stochastic method, the factors influencing the oil and petroleum Exports, oil, petroleum products, a federal budget of the Russian Federation; factor analysis, petroleum sector, customs paymentsproducts exports and the budget revenues are identified.

Suggested Citation

  • Ibragim Ramisovich Magomedov, 2020. "Factor analysis of Russian oil and petroleum products exports under current conditions," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 7, pages 119-134, July.
    • Handle: RePEc:alq:rufejo:rfej_2020_07_119-134
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    References listed on IDEAS

    as
    1. A. A. Makarov, 2020. "Technological Progress Opportunities in the Energy Sector of Russia," Studies on Russian Economic Development, Springer, vol. 31(1), pages 52-63, January.
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