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2017 | 20 | nr 1 | 53--73
Tytuł artykułu

Reduction of an Economy's Raw Material Dependence and the Human Capital of a Country

Warianty tytułu
Obniżenie zależności gospodarki od surowca i kapitał ludzki kraju
Języki publikacji
EN
Abstrakty
EN
This paper evaluates the raw material dependence of two export-oriented oil and gas extracting countries. We find evidence of presence of the Dutch disease in both countries and of the resource curse in Russia. Reduction of volumes of crude oil and natural gas production and exports, compensated by the growth of value added in other kinds of economic activity, suggests that Norway is gradually overcoming the Dutch disease by means of expanded reproduction of human capital. On the other hand, extraction of hydrocarbons may remain a driver of the Russian economic growth. (original abstract)
Artykuł ocenia zależność od surowca dwóch orientowanych na eksport krajów wydobywających ropy naftowy i gaz. Znaleźliśmy świadectwo obecności Holenderskiej choroby w obu krajach i przekleństwa zasobów w Rosji. Zmniejszenie wielkości produkcji i eksportu ropy naftowej i gazu ziemnego, skompensowane wzrostem wartości dodanej w innych rodzajach gospodarczej działalności, wskazuje na to, że Norwegia stopniowo przezwycięża Holenderską chorobę za pomocą rozszerzonej reprodukcji kapitału ludzkiego. Z drugiej strony, wydobywanie węglowodorów może pozostać koło napędowe rozwoju rosyjskiej gospodarki. (abstrakt oryginalny)
Słowa kluczowe
Rocznik
Tom
20
Numer
Strony
53--73
Opis fizyczny
Twórcy
  • Samara State University of Economics
  • Samara State University of Economics
Bibliografia
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  • BP Statistical Review of World Energy (2015), BP p.l.c. https://www.bp.com/content/dam/bp/pdf/energy-economics/statistical-review-2015/bp-statistical-review-of-world-energy-2015-full-report.pdf. Accessed 26 December 2015.
  • Brollo F., Nannicini T., Perotti R., Tabellini G.E. (2013), The Political Resource Curse, 'American Economic Review', 103(5).
  • Brunnschweiler C.N. (2008), Cursing the Blessings? Natural Resource Abundance, Institutions, and Economic Growth, 'World Development', 36(3).
  • The Central Bank of the Russian Federation (2016), Russian Federation natural gas exports over 2000-2015 (according to the data of Federal Customs Service of Russia and Rosstat). http://www.cbr.ru/statistics/print.aspx?file=credit_statistics/gas.htm. Accessed 3 February 2016.
  • The Central Bank of the Russian Federation (2016), Russian Federation crude oil exports over 2000-2015 (according to the data of Federal Customs Service of Russia and Rosstat). http://www.cbr.ru/statistics/print.aspx?file=credit_statistics/crude_oil.htm. Accessed 3 February 2016.
  • The Conference Board. Total Economy Database (2015), Output, Labor, and Labor Productivity, 1950-2014.https://www.conference-board.org/data/economydatabase/index.cfm?id=30565. Accessed 5 February 2016.
  • The Conference Board. Total Economy Database (2015), Regional Aggregates, 1990-2014. https://www.conference-board.org/data/economydatabase/index.cfm?id=30565. Accessed 8 February 2016.
  • Cheng W., Sachs J.D., Yang X. (2004), An Extended Heckscher-Ohlin Model with Transaction Costs and Technological Comparative Advantage, 'Economic Theory', 23(3).
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  • Dülger F., Lopcu K., Burga, A., Balli E. (2013), Is Russia Suffering from Dutch Disease? Cointegration with Structural Break, 'Resources Policy', 38(4).
  • Ellman M. (1981), Natural Gas, Restructuring and Re-Industrialization: The Dutch Experience of Industrial Policy, [in:] T. Barker and V. Brailovsky (eds) Oil or industry?: Energy, industrialization and economic policy in Canada, Mexico, the Netherlands, Norway and the United Kingdom, Academic Press, London.
  • Fagerberg J.E., Mowery D.C., Verspagen B. (2009), The evolution of Norway's national innovation system, 'Science and Public Policy', 36(6).
  • Gylfason T. (2001), Natural Resources, Education, and Economic Development, 'European Economic Review', 45(4-6).
  • Haber S.H., Menaldo V.A. (2001), Do Natural Resources Fuel Authoritarianism? A Reappraisal of the Resource Curse, 'American Political Science Review', 105(1).
  • Kojo N.C. (2014), Demystifying the Dutch disease, Policy Research Working Paper WPS 6981.
  • Luong P.J., Weinthal E. (2006), Rethinking the Resource Curse: Ownership Structure, Institutional Capacity, and Domestic Constraints, 'Annual Review of Political Science', 9(1).
  • Marel E.L. der van, Dreyer I. (2014), Beyond Dutch disease, 'Economics of Transition', 22(2).
  • Murshed S.M., Serino L.A. (2011), The Pattern of Specialization and Economic Growth: The Resource Curse Hypothesis Revisited, 'Structural Change and Economic Dynamics', 22(2).
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  • Russian Federal State Statistics Service (Rosstat) (2004), Gross value added by branches and sectors in 2002. http://www.gks.ru/bgd/regl/mb04_13/IssWWW.exe/Stg/d020/i021470r.htm. Accessed 3 January 2016.
  • Russian Federal State Statistics Service (Rosstat) (2015), Gross domestic product and gross value added by kind of economic activity. http://www.gks.ru/free_doc/new_site/vvp/tab11c.xls. Accessed 5 February 2016.
  • Russian Federal State Statistics Service (Rosstat) (2015), Foreign trade of the Russian Federation (according to the balance of payments methodology). http://www.gks.ru/wps/wcm/connect/rosstat_main/rosstat/ru/statistics/ftrade/
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.ekon-element-000171459722

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