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An Approach to Social and Economic Assessment of Resource Regime in an Oil and Gas Sector The Case of the USA )
https://doi.org/10.32609/0042-8736-2012-10-105-116
Abstract
The paper presents an approach to quantitative estimation of socio-economic benefits from oil extraction (in the US). The approach explicitly distinguishes the contribution of non-institutional and institutional factors. Calculations show that in the United States the influence and dynamics of institutional factors are related to steady deterioration of natural conditions of oil extraction. In general, the US resource regime can be called stimulating, as is evidenced by a small proportion of adverse effects due to preservation of residual oil.
About the Authors
V. Kryukov
Institute of Economy and Organization of Industrial Production, SB RAS (Novosibirsk, Russia); National Research University Higher School of Economics (Moscow, Russia)
Russian Federation
Russian Federation
E. Pavlov
National Research University Higher School of Economics (Moscow, Russia)
Russian Federation
Russian Federation
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Review
For citations:
Kryukov V., Pavlov E. An Approach to Social and Economic Assessment of Resource Regime in an Oil and Gas Sector The Case of the USA ) . Voprosy Ekonomiki. 2012;(10):105-116. (In Russ.) https://doi.org/10.32609/0042-8736-2012-10-105-116
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