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Сценарии Перехода К Устойчивым Темпам Добычи Нефти В России
[Scenarios of transition to sustainable oil extraction in Russia]

Author

Listed:
  • Andreeva, Anastasiya
  • Bazhanov, Andrei

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.

Suggested Citation

  • Andreeva, Anastasiya & Bazhanov, Andrei, 2007. "Сценарии Перехода К Устойчивым Темпам Добычи Нефти В России [Scenarios of transition to sustainable oil extraction in Russia]," MPRA Paper 5343, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:5343
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    References listed on IDEAS

    as
    1. William D. Nordhaus & James Tobin, 1973. "Is Growth Obsolete?," NBER Chapters, in: The Measurement of Economic and Social Performance, pages 509-564, National Bureau of Economic Research, Inc.
    2. Robert M. Solow, 1974. "The Economics of Resources or the Resources of Economics," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 12, pages 257-276, Palgrave Macmillan.
    3. Hartwick, John M, 1977. "Intergenerational Equity and the Investing of Rents from Exhaustible Resources," American Economic Review, American Economic Association, vol. 67(5), pages 972-974, December.
    4. Bazhanov, Andrei V., 2007. "The transition to an oil contraction economy," Ecological Economics, Elsevier, vol. 64(1), pages 186-193, October.
    5. 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.
    6. R. M. Solow, 1974. "Intergenerational Equity and Exhaustible Resources," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 41(5), pages 29-45.
    7. 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.
    8. Bazhanov, Andrei, 2006. "Decreasing of Oil Extraction: Consumption behavior along transition paths," MPRA Paper 469, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Nonrenewable resource; Sustainable development; Transition curve analysis;
    All these keywords.

    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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