Адекватность закрытой модели для российской экономики в задаче сравнительного анализа Энергетической стратегии России

Adequacy of a closed model for Russian economy in the problem of comparative analysis of Russia's Energy Strategy

Andrei V. Bazhanov and Alexander Alexandrovich Belyaev ()

MPRA Paper from University Library of Munich, Germany

Abstract: We compare the short- and the long-run consequences of Russia's Energy Strategy to 2020 and of the project of the Strategy to 2030 with a hypothetical scenario of the weak-sustainable oil extraction, starting from 2008 and providing asymptotically constant per capita consumption in the long run. The problem was examined by Andreeva, Bazhanov (2007) and Bazhanov, Tyukhov (2008) for the closed Dasgupta-Heal-Solow-Stiglitz model. In this paper, we show that the open-economy assumptions do not change the qualitative results of comparative analysis, which are not in favor of the Strategy in the long run.

Keywords: weak sustainability; nonrenewable essential resource; Russia's Energy Strategy; open economy (search for similar items in EconPapers)
JEL-codes: Q38 Q32 O22 Q01 O21 Q43 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cis, nep-ene, nep-env and nep-tra
Date: 2009-05-07
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