EconPapers    
Economics at your fingertips  
 

The Implications of tax maneuver: production of oil and petrochemicals

Alexander Knobel, Alexander Firanchuk and Andrey Kaukin

Russian Economic Developments, 2016, issue 12, 28-32

Abstract: A tax maneuver in the oil and oil refining industries contributed to some changes in the pattern of production of petrochemicals: the total volume of oil refining decreased, while the volume of production of motor gasoline increased somewhat. It is to be noted that the tax maneuver had an effect on the pattern of exports of petrochemicals, too: with duties increased on residual oil its exports fell dramatically, while with export duties reduced on commercial gasoline, directly distilled gasoline and light and medium distillates their exports increased. Reduction of export duties on diesel fuel brought about growth in its share in the total exports of petrochemicals.

Keywords: Tax; Budget; Russian Economy (search for similar items in EconPapers)
JEL-codes: P24 E52 (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://iep.ru/files/RePEc/gai/recdev/recdev-2016-12-802.pdf Revised version, 2016 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gai:recdev:recdev-2016-12-802

Access Statistics for this article

Russian Economic Developments is currently edited by Alexei Vedev

More articles in Russian Economic Developments from Gaidar Institute for Economic Policy Contact information at EDIRC.
Bibliographic data for series maintained by Victor Hugues ().

 
Page updated 2020-07-29
Handle: RePEc:gai:recdev:recdev-2016-12-802