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One of grand challenges which are faced by Russia today is to deregulate its gas market while favouring longer-term growth of economy. Since the 1990s, several proposals for structural reforms of Russian gas industry have been intensively debated, including the split-up of Gazprom. From the...
Persistent link: https://www.econbiz.de/10011487784
The present paper studies the effect of an upward correction of the natural gas price on the Russian domestic market. Russia has the largest gas reserves in the world and currently produces around 550 billion cubic meters of gas each year. Sixty percent of the production is sold domestically at...
Persistent link: https://www.econbiz.de/10011522021
The present paper describes the construction and first empirical application of the SUSTRUS model (the name of the model refers to "Sustainable Russia"). This model will be the main result of the same-named EU funded project. The SUSTRUS model belongs to the group of regional CGE models, applied...
Persistent link: https://www.econbiz.de/10011529526