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

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collection.link.5
https://openknowledge.worldbank.org/handle/10986/9
collection.name.5
Policy Research Working Papers
dc.contributor.author
Tarr, David G.
dc.date.accessioned
2014-09-02T15:00:19Z
dc.date.available
2014-09-02T15:00:19Z
dc.date.issued
2010-01
dc.date.lastModified
2021-04-23T14:03:52Z
dc.description.abstract
Export 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.identifier
http://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.uri
http://hdl.handle.net/10986/19904
dc.language
English
dc.language.iso
en_US
dc.publisher
World Bank, Washington, DC
dc.relation.ispartofseries
Policy Research Working Paper;No. 5195
dc.rights
CC BY 3.0 IGO
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ALTERNATE FUELS
dc.subject
AUTOMOBILES
dc.subject
AVERAGE PRICE
dc.subject
BUILDING MATERIALS
dc.subject
CEMENT
dc.subject
COMPARATIVE ADVANTAGE
dc.subject
COMPETITIVE PRICES
dc.subject
CONSTRUCTION COST
dc.subject
CONSUMERS
dc.subject
COST INCREASES
dc.subject
DEMAND CURVE
dc.subject
DEMAND CURVES
dc.subject
DEMAND ELASTICITY
dc.subject
DEMAND FOR ELECTRICITY
dc.subject
DEMAND FOR ENERGY
dc.subject
DEMAND FOR GAS
dc.subject
DEREGULATION
dc.subject
DOMESTIC GAS
dc.subject
DOMESTIC MARKET
dc.subject
DOMESTIC NATURAL GAS
dc.subject
ECONOMIC PERFORMANCE
dc.subject
ECONOMIC THEORY
dc.subject
ECONOMIC VALUE
dc.subject
ELASTICITIES
dc.subject
ELASTICITIES OF DEMAND
dc.subject
ELECTRICITY
dc.subject
ELECTRICITY DISTRIBUTION
dc.subject
ENERGY SOURCES
dc.subject
ENERGY STRATEGY
dc.subject
ENVIRONMENTAL BENEFITS
dc.subject
EXCISE TAXES
dc.subject
EXPORT MARKETS
dc.subject
EXPORTS
dc.subject
FAIR
dc.subject
FORECASTS
dc.subject
FUEL
dc.subject
FUEL SUBSTITUTION
dc.subject
FUELS
dc.subject
GAS AND ELECTRICITY
dc.subject
GAS COMPANIES
dc.subject
GAS COMPANY
dc.subject
GAS CONSUMPTION
dc.subject
GAS DELIVERIES
dc.subject
GAS DEMANDS
dc.subject
GAS DEPOSITS
dc.subject
GAS DISTRIBUTION
dc.subject
GAS EXPORTS
dc.subject
GAS FIELDS
dc.subject
GAS INDUSTRY
dc.subject
GAS PIPELINES
dc.subject
GAS PRICES
dc.subject
GAS PRODUCERS
dc.subject
GAS PROJECTS
dc.subject
GAS SUPPLIES
dc.subject
GASOLINE
dc.subject
GDP
dc.subject
HOME MARKET
dc.subject
INCOME
dc.subject
INCOME ELASTICITY OF DEMAND
dc.subject
INDUSTRIAL SECTOR
dc.subject
INEFFICIENCY
dc.subject
INFLATION
dc.subject
INTERNATIONAL TRADE
dc.subject
LIMIT PRICING
dc.subject
LONG RUN ELASTICITIES
dc.subject
MARGINAL COST
dc.subject
MARGINAL COST PRICING
dc.subject
MARGINAL COSTS
dc.subject
MARGINAL REVENUE
dc.subject
MARKET ACCESS
dc.subject
MARKET ACCESS NEGOTIATIONS
dc.subject
MARKET DEMAND
dc.subject
MARKET ECONOMIES
dc.subject
MARKET POWER
dc.subject
MARKET PRICES
dc.subject
MARKET SHARE
dc.subject
MARKET STRUCTURE
dc.subject
MARKETING
dc.subject
MONOPOLIES
dc.subject
MONOPOLY
dc.subject
MONOPOLY RENTS
dc.subject
MULTIPLE GAS SUPPLIERS
dc.subject
NATURAL GAS
dc.subject
NATURAL GAS CONSUMPTION
dc.subject
NATURAL GAS DEMAND
dc.subject
NATURAL GAS DISTRIBUTION
dc.subject
NATURAL GAS INDUSTRY
dc.subject
NATURAL GAS MARKET
dc.subject
NATURAL GAS MARKETS
dc.subject
NATURAL GAS PIPELINE
dc.subject
NATURAL GAS PRICE
dc.subject
NATURAL GAS PRICES
dc.subject
NATURAL GAS PRICING
dc.subject
NATURAL GAS PROJECTS
dc.subject
NATURAL GAS PURCHASES
dc.subject
NATURAL GAS RESERVES
dc.subject
NATURAL GAS RESOURCES
dc.subject
NATURAL GAS SALES
dc.subject
NATURAL MONOPOLY
dc.subject
NUCLEAR ENERGY
dc.subject
OIL
dc.subject
OIL AND GAS
dc.subject
OIL COMPANIES
dc.subject
OPPORTUNITY COSTS
dc.subject
PETROLEUM
dc.subject
PIPELINE
dc.subject
PIPELINE CONSTRUCTION
dc.subject
PIPELINE PROJECT
dc.subject
PRICE CHANGES
dc.subject
PRICE DECREASE
dc.subject
PRICE DISCRIMINATION
dc.subject
PRICE ELASTICITIES
dc.subject
PRICE ELASTICITY
dc.subject
PRICE ELASTICITY OF DEMAND
dc.subject
PRICE INCREASE
dc.subject
PRICE INCREASES
dc.subject
PRICE OF GAS
dc.subject
PRICE OF NATURAL GAS
dc.subject
PRICES OF ENERGY
dc.subject
PRICING MECHANISM
dc.subject
PRICING POLICIES
dc.subject
PRICING STRATEGY
dc.subject
PROFIT MAXIMIZING PRICES
dc.subject
RAILROADS
dc.subject
REFINERIES
dc.subject
RELEVANT MARKET
dc.subject
RETAIL
dc.subject
ROUTE
dc.subject
SALES
dc.subject
STREAM
dc.subject
SUBSTITUTES
dc.subject
SUBSTITUTION
dc.subject
SUPPLIER
dc.subject
SUPPLIERS
dc.subject
SURPLUS
dc.subject
TAX
dc.subject
TRADE POLICIES
dc.subject
TRADE POLICY
dc.subject
TRANSPORT
dc.subject
TRANSPORT COSTS
dc.subject
TRANSPORT SYSTEM
dc.subject
TRANSPORTATION
dc.subject
TRANSPORTATION COSTS
dc.subject
TRANSPORTATION FACILITIES
dc.subject
TRANSPORTS
dc.subject
TRUE
dc.subject
UNDERESTIMATES
dc.subject
UNEMPLOYMENT
dc.subject
UNIFORM PRICING
dc.subject
WELFARE ECONOMICS
dc.subject
WORLD MARKETS
dc.subject
WORLD TRADE ORGANIZATION
dc.subject
WTO
dc.title
Export Restraints on Russian Natural Gas and Raw Timber : What Are the Economic Impacts?
en
okr.crosscuttingsolutionarea
Jobs
okr.date.disclosure
2010-01-31
okr.doctype
Publications & Research :: Policy Research Working Paper
okr.doctype
Publications & Research
okr.docurl
http://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.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Transport and ICT
okr.globalpractice
Trade and Competitiveness
okr.globalpractice
Finance and Markets
okr.globalpractice
Energy and Extractives
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/1813-9450-5195
okr.identifier.externaldocumentum
000158349_20100128132024
okr.identifier.internaldocumentum
11709092
okr.identifier.report
WPS5195
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/01/28/000158349_20100128132024/Rendered/PDF/WPS5195.pdf
en
okr.region.administrative
Europe and Central Asia
okr.region.country
Russian Federation
okr.sector
Industry and trade :: Other domestic and international trade
okr.theme
Trade and integration :: Other trade and integration
okr.topic
Macroeconomics and Economic Growth :: Markets and Market Access
okr.topic
Economic Theory and Research
okr.topic
Transport Economics Policy and Planning
okr.topic
Oil Refining and Gas Industry
okr.topic
Energy :: Energy Production and Transportation
okr.topic
Industry
okr.topic
Transport
okr.unit
Trade and Integration Team, Development Research Group
okr.volume
1 of 1

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