Modernization or Conservation: The Role of Export Duty on Crude Oil and Petroleum Products

Georgy Idrisov and Sergey Sinelnikov-Murylev

Working Papers from Gaidar Institute for Economic Policy

Abstract: This paper deals with the analysis of the consequences of the abolition of export duties on crude oil and petroleum products as a necessary measure to create incentives to improve energy efficiency of the Russian economy and the elimination of underdevelopment caused by the unprecedented long-term subsidies to inefficient Russian oil refining. The authors consider three possible scenarios for the abolition of export duties on crude oil and domestic market and the conservation of tax revenues at a constant level.

Keywords: resource rent; oil refining; export duty on crude oil and petroleum products; energy efficiency of the Russian economy (search for similar items in EconPapers)
JEL-codes: L71 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2012, Revised 2012
New Economics Papers: this item is included in nep-cis, nep-cwa, nep-ene, nep-env and nep-tra
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Citations: View citations in EconPapers (3)

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https://www.iep.ru/files/RePEc/gai/wpaper/0042Sinelnikov.pdf Revised version, 2012 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:gai:wpaper:0042

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