Publication:
Export Restraints on Russian Natural Gas and Raw Timber : What Are the Economic Impacts?

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dc.contributor.authorTarr, David G.
dc.date.accessioned2014-09-02T15:00:19Z
dc.date.available2014-09-02T15:00:19Z
dc.date.issued2010-01
dc.description.abstractExport restraints by the Russian Federation on natural gas and timber have been the source of major controversy between the European Union and the Russian Federation. The analysis of this paper suggests that the export restraints in natural gas very substantially benefit Russia. On the other hand, in raw timber the analysis suggests that a substantial reduction of Russian export taxes would increase Russian welfare. The paper explains that Gazprom has failed to invest adequately, resulting in little development of new gas supplies. The result has been progressively increasing use by Gazprom of Central Asian gas supplies, at progressively higher prices for Russia. The increased prices of gas for Russian consumers have shown that it is crucial for Russia to allow new entrants and to introduce competition in the Russian domestic market. Without export restraints, however, competition among multiple gas suppliers from Russia would erode or eliminate the monopoly profits of the Russian Federation on gas exports. Thus, with a more competitive domestic market, the Russian government would be expected to grant exclusive exporting rights to a single entity (as it presently does with Gazprom) or impose export taxes. Thus, Europe should not expect to achieve cheaper Russian gas as a result of structural reforms within the Russian gas market. A more promising avenue for European energy diversification is new pipeline construction to open up new sources of supply independent of Russia (especially the Nabucco pipeline), and liquefied natural gas purchases.en
dc.identifierhttp://documents.worldbank.org/curated/en/2010/01/11709092/export-restraints-russian-natural-gas-raw-timber-economic-impacts-export-restraints-russian-natural-gas-raw-timber-economic-impacts
dc.identifier.doi10.1596/1813-9450-5195
dc.identifier.urihttps://hdl.handle.net/10986/19904
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 5195
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectALTERNATE FUELS
dc.subjectAUTOMOBILES
dc.subjectAVERAGE PRICE
dc.subjectBUILDING MATERIALS
dc.subjectCEMENT
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPETITIVE PRICES
dc.subjectCONSTRUCTION COST
dc.subjectCONSUMERS
dc.subjectCOST INCREASES
dc.subjectDEMAND CURVE
dc.subjectDEMAND CURVES
dc.subjectDEMAND ELASTICITY
dc.subjectDEMAND FOR ELECTRICITY
dc.subjectDEMAND FOR ENERGY
dc.subjectDEMAND FOR GAS
dc.subjectDEREGULATION
dc.subjectDOMESTIC GAS
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC NATURAL GAS
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC THEORY
dc.subjectECONOMIC VALUE
dc.subjectELASTICITIES
dc.subjectELASTICITIES OF DEMAND
dc.subjectELECTRICITY
dc.subjectELECTRICITY DISTRIBUTION
dc.subjectENERGY SOURCES
dc.subjectENERGY STRATEGY
dc.subjectENVIRONMENTAL BENEFITS
dc.subjectEXCISE TAXES
dc.subjectEXPORT MARKETS
dc.subjectEXPORTS
dc.subjectFAIR
dc.subjectFORECASTS
dc.subjectFUEL
dc.subjectFUEL SUBSTITUTION
dc.subjectFUELS
dc.subjectGAS AND ELECTRICITY
dc.subjectGAS COMPANIES
dc.subjectGAS COMPANY
dc.subjectGAS CONSUMPTION
dc.subjectGAS DELIVERIES
dc.subjectGAS DEMANDS
dc.subjectGAS DEPOSITS
dc.subjectGAS DISTRIBUTION
dc.subjectGAS EXPORTS
dc.subjectGAS FIELDS
dc.subjectGAS INDUSTRY
dc.subjectGAS PIPELINES
dc.subjectGAS PRICES
dc.subjectGAS PRODUCERS
dc.subjectGAS PROJECTS
dc.subjectGAS SUPPLIES
dc.subjectGASOLINE
dc.subjectGDP
dc.subjectHOME MARKET
dc.subjectINCOME
dc.subjectINCOME ELASTICITY OF DEMAND
dc.subjectINDUSTRIAL SECTOR
dc.subjectINEFFICIENCY
dc.subjectINFLATION
dc.subjectINTERNATIONAL TRADE
dc.subjectLIMIT PRICING
dc.subjectLONG RUN ELASTICITIES
dc.subjectMARGINAL COST
dc.subjectMARGINAL COST PRICING
dc.subjectMARGINAL COSTS
dc.subjectMARGINAL REVENUE
dc.subjectMARKET ACCESS
dc.subjectMARKET ACCESS NEGOTIATIONS
dc.subjectMARKET DEMAND
dc.subjectMARKET ECONOMIES
dc.subjectMARKET POWER
dc.subjectMARKET PRICES
dc.subjectMARKET SHARE
dc.subjectMARKET STRUCTURE
dc.subjectMARKETING
dc.subjectMONOPOLIES
dc.subjectMONOPOLY
dc.subjectMONOPOLY RENTS
dc.subjectMULTIPLE GAS SUPPLIERS
dc.subjectNATURAL GAS
dc.subjectNATURAL GAS CONSUMPTION
dc.subjectNATURAL GAS DEMAND
dc.subjectNATURAL GAS DISTRIBUTION
dc.subjectNATURAL GAS INDUSTRY
dc.subjectNATURAL GAS MARKET
dc.subjectNATURAL GAS MARKETS
dc.subjectNATURAL GAS PIPELINE
dc.subjectNATURAL GAS PRICE
dc.subjectNATURAL GAS PRICES
dc.subjectNATURAL GAS PRICING
dc.subjectNATURAL GAS PROJECTS
dc.subjectNATURAL GAS PURCHASES
dc.subjectNATURAL GAS RESERVES
dc.subjectNATURAL GAS RESOURCES
dc.subjectNATURAL GAS SALES
dc.subjectNATURAL MONOPOLY
dc.subjectNUCLEAR ENERGY
dc.subjectOIL
dc.subjectOIL AND GAS
dc.subjectOIL COMPANIES
dc.subjectOPPORTUNITY COSTS
dc.subjectPETROLEUM
dc.subjectPIPELINE
dc.subjectPIPELINE CONSTRUCTION
dc.subjectPIPELINE PROJECT
dc.subjectPRICE CHANGES
dc.subjectPRICE DECREASE
dc.subjectPRICE DISCRIMINATION
dc.subjectPRICE ELASTICITIES
dc.subjectPRICE ELASTICITY
dc.subjectPRICE ELASTICITY OF DEMAND
dc.subjectPRICE INCREASE
dc.subjectPRICE INCREASES
dc.subjectPRICE OF GAS
dc.subjectPRICE OF NATURAL GAS
dc.subjectPRICES OF ENERGY
dc.subjectPRICING MECHANISM
dc.subjectPRICING POLICIES
dc.subjectPRICING STRATEGY
dc.subjectPROFIT MAXIMIZING PRICES
dc.subjectRAILROADS
dc.subjectREFINERIES
dc.subjectRELEVANT MARKET
dc.subjectRETAIL
dc.subjectROUTE
dc.subjectSALES
dc.subjectSTREAM
dc.subjectSUBSTITUTES
dc.subjectSUBSTITUTION
dc.subjectSUPPLIER
dc.subjectSUPPLIERS
dc.subjectSURPLUS
dc.subjectTAX
dc.subjectTRADE POLICIES
dc.subjectTRADE POLICY
dc.subjectTRANSPORT
dc.subjectTRANSPORT COSTS
dc.subjectTRANSPORT SYSTEM
dc.subjectTRANSPORTATION
dc.subjectTRANSPORTATION COSTS
dc.subjectTRANSPORTATION FACILITIES
dc.subjectTRANSPORTS
dc.subjectTRUE
dc.subjectUNDERESTIMATES
dc.subjectUNEMPLOYMENT
dc.subjectUNIFORM PRICING
dc.subjectWELFARE ECONOMICS
dc.subjectWORLD MARKETS
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.titleExport Restraints on Russian Natural Gas and Raw Timber : What Are the Economic Impacts?en
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.crossref.titleExport Restraints On Russian Natural Gas And Raw Timber : What Are The Economic Impacts ?
okr.date.disclosure2010-01-31
okr.date.doiregistration2025-04-10T11:57:06.033391Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2010/01/11709092/export-restraints-russian-natural-gas-raw-timber-economic-impacts-export-restraints-russian-natural-gas-raw-timber-economic-impacts
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeTransport and ICT
okr.globalpracticeTrade and Competitiveness
okr.globalpracticeFinance and Markets
okr.globalpracticeEnergy and Extractives
okr.guid556241468104658603
okr.identifier.doi10.1596/1813-9450-5195
okr.identifier.externaldocumentum000158349_20100128132024
okr.identifier.internaldocumentum11709092
okr.identifier.reportWPS5195
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/01/28/000158349_20100128132024/Rendered/PDF/WPS5195.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryRussian Federation
okr.sectorIndustry and trade :: Other domestic and international trade
okr.themeTrade and integration :: Other trade and integration
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicEconomic Theory and Research
okr.topicTransport Economics Policy and Planning
okr.topicOil Refining and Gas Industry
okr.topicEnergy::Energy Production and Transportation
okr.topicIndustry
okr.topicTransport
okr.unitTrade and Integration Team, Development Research Group
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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