dc.contributor.author | Tsygankova, Marina | |
dc.date.accessioned | 2011-11-13T10:04:04Z | |
dc.date.available | 2011-11-13T10:04:04Z | |
dc.date.issued | 2007 | |
dc.identifier.issn | 1892-753x | |
dc.identifier.uri | http://hdl.handle.net/11250/180925 | |
dc.description.abstract | Abstract:
Having exports from more than one Russian gas producer has been an important issue in the
Russian–EU energy dialogue during the last decade. Nevertheless, in June 2006, Russian Federal
law legalized the de facto export monopoly of Gazprom. Political and commercial interests have
regularly explained the Russian strategy for the European gas market. However, it is important that
economic efficiency is also taken into account. Economists often evaluate the efficiency of a policy
through its effect on national welfare. In this paper, I examine both theoretically and numerically
whether a liberalization of Russian gas exports would increase Russian national welfare, given that
the Russian domestic market is already deregulated. The results of the paper show that the
dominant position of Gazprom in the Russian gas industry might stimulate the government to support
Gazprom's export monopoly. The market share of independent producers in the Russian gas market
would have to be significantly increased for Russian export liberalization to be welfare enhancing.
Keywords: Russia, Natural gas, export, monopoly, national welfare | no_NO |
dc.language.iso | eng | no_NO |
dc.publisher | Statistics Norway, Research Department | no_NO |
dc.relation.ispartofseries | Discussion Papers;No. 494 | |
dc.subject | Russia | no_NO |
dc.subject | Natural gas | no_NO |
dc.subject | National welfare | no_NO |
dc.subject | Gas export | no_NO |
dc.subject | Monopoly | no_NO |
dc.subject | JEL classification: D43 | no_NO |
dc.subject | JEL classification: D60 | no_NO |
dc.subject | JEL classification: L13 | no_NO |
dc.subject | JEL classification: Q38 | no_NO |
dc.title | The export of Russian gas to Europe: breaking up the monopoly of Gazprom | no_NO |
dc.type | Working paper | no_NO |
dc.subject.nsi | VDP::Social science: 200::Economics: 210::Economics: 212 | no_NO |
dc.source.pagenumber | 32 s. | no_NO |