Forecast of the Long-Term Trajectory of the Potential GDP of Kazakhstan in the Context of the Global Energy Transition

S. N. Alpysbaeva (), Sh. Zh. Shuneev, A. A. Bakdolotov, K. S. Beisengazin, E. I. Tautenov and N. N. Zhanakova
Additional contact information
S. N. Alpysbaeva: Economic Research Institute
Sh. Zh. Shuneev: Agency for Strategic Planning and Reforms, Republic of Kazakhstan
A. A. Bakdolotov: Economic Research Institute
K. S. Beisengazin: Economic Research Institute
E. I. Tautenov: Economic Research Institute
N. N. Zhanakova: Economic Research Institute

Studies on Russian Economic Development, 2022, vol. 33, issue 5, 561-570

Abstract: Abstract— The article presents a forecast of the potential GDP of Kazakhstan performed using a structural method based on a production function that establishes relationships between the factors of production, total factor productivity, and output. Forecast estimations of trends of the key factors of production and the total factor productivity that form the long-term trend of the potential GDP of the country in the context of the global energy transition are presented. The baseline scenario of a long-term forecast of the potential GDP of Kazakhstan for the period until 2050 as adjusted for the objective of decarbonization of the economy is developed. Approaches to economic policy that could “nudge” the potential GDP up are proposed.

Keywords: potential GDP; carbon neutrality; decarbonization; energy transition; modeling; workforce productivity; total factor productivity; investment (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1134/S1075700722050033 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:sorede:v:33:y:2022:i:5:d:10.1134_s1075700722050033

Ordering information: This journal article can be ordered from
https://www.springer ... nomics/journal/11507

DOI: 10.1134/S1075700722050033

Access Statistics for this article

Studies on Russian Economic Development is currently edited by Viktor V. Ivanter, Dmitrii B. Kuvalin and Galina A. Yaremenko

More articles in Studies on Russian Economic Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().