Role of investments for the import phase-out policy in the Russian oil industry

Anton S. Evtyukhin1
1 Институт экономики Российской академии наук, г. Москва

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Journal paper

Creative Economy (РИНЦ, ВАК)
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Volume 10, Number 10 (October 2016)

Citation:

Evtyukhin, A. S. (2016). Role of investments for the import phase-out policy in the Russian oil industry. Creative Economy, 10(10), 1090-1102. https://doi.org/10.18334/ce.10.10.36615

Indexed in Russian Science Citation Index: https://elibrary.ru/item.asp?id=27278061
Cited: 6 by 07.12.2023

Abstract:
The article discloses the issues that prevent implementation of the import phase-out policy in the Russian oil industry. Two main issues are stressed out: the professional deficit and the issue of provision of the sustainable domestic demand for import phasing-out products. Investments are able, according to the author, to become the defining factor for implementation of the import phase-out policy in the Russian oil industry. At this, reforms of the tax system will be the stimulating factor for the growth of investments.

Keywords: investments, multiplicative effect, import phase-out, professional deficit, MET, export fee

JEL-classification: F52, E22, Q37

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