The influence of high oil prices on the Russian economy: A comparison with Saudi Arabia

Eurasian Geography and Economics

Volumn 50, Issue 1, 2009, Pages 75-92

  Tabata, Shinichiro ^a  

^a HOKKAIDO UNIVERSITY   (Japan)

Author keywords

[No Author keywords available]

Indexed keywords

ECONOMIC ACTIVITY; ECONOMIC GROWTH; GROSS DOMESTIC PRODUCT; NATURAL GAS; OIL SUPPLY; PRICE DYNAMICS;

ASIA; EURASIA; MIDDLE EAST; RUSSIAN FEDERATION; SAUDI ARABIA;

EID: 64849104727     PISSN: 15387216     EISSN: None     Source Type: Journal    
DOI: 10.2747/1539-7216.50.1.75     Document Type: Article

References (35)

1. Ahrend, Rudiger and William Tompson, Realizing the Oil Supply Potential of the CIS: The Impact of Institutions and Policies. Paris, France: OECD Economics Department Working Paper No. 484, 2006.
2. CBR (Central Bank of Russia), Statistika vneshnego sektora (Statistics of the Foreign Sector), 2009 [http://www.cbr.ru/ statistics/?Prtid=svs].
3. CDSI (Central Department of Statistics and Information), Ministry of Economy and Planning, Saudi Arabia, "Table 12 - Expenditure on Gross Domestic Product at 1999 Constant Prices," 2008 [http://www.cdsi.gov.sa/showproductstandard.aspx?lid=26&pid=1096].
4. Champion, Daryl, The Paradoxical Kingdom: Saudi Arabia and the Moment of Reform, London, UK: Hurst & Company, 2003.
5. Fukuda, Yasushi, "Tax System and State Budget in Saudi Arabia," Gendainochuto, 30:2-19, 2001 (in Japanese).
6. Hanson, Philip, "The Russian Economic Puzzle: Going Forwards, Backwards or Sideways?," International Affairs, 83, 5:869-889, 2007.
7. Hosoi, Takeru, "The Introduction of Foreign Capital in the Oil Policies of the Gulf States and the Rentier State Arguments," Ritsumeikan-keieigaku, 40, 6:219-244, 2002 (in Japanese).
8. IEA (International Energy Agency), Oil Information, various years.
9. IFS (International Financial Statistics), available from website maintained by the International Monetary Fund [http://www.imfstatistics.org].
10. IMF (International Monetary Fund), Balance of Payments Manual, fifth ed. Washington, DC: International Monetary Fund, 1993.
11. Kaznacheystvo Rossii (Federal Treasury, Russian Federation), Otchetnost' ob ispolnenii konsolidirovannogo byudzheta RF (Report of Consolidated Budget Execution of the RF), 2008a [http://www.roskazna.ru/reports/cb.html].
12. Kaznacheystvo Rossii (Federal Treasury, Russian Federation), "Stabilizatsionnyy fond Rossiyskoy Federatsii. Svedeniya o fakticheskom zachislenii, spisanii i ostatkakh sredstv (Stabilization Fund of the Russian Federation. Information about Actual Transfer, Write-off, and Balance of Resources)," 2008b [http://www.roskazna.ru/p/stabfond/stabfondinfo.html].
13. Kuboniwa, Masaaki, "The Impact of Terms-of-Trade Effects on the Russian Economy," RRC Working Paper Series, 1, 2007 [http://www.ier.hit-u.ac.jp/rrc/wp.htm].
14. Kuboniwa, Masaaki, "Profit and Capital of Oil and Gas Sector," in Shinichiro Tabata, ed., Oil, Gas and the Russian Economy. Sapporo, Japan: Hokkaido University Press, 2008, 101-124 (in Japanese).
15. Kuboniwa, Masaaki, Shinichiro Tabata and Nataliya Ustinova, "How Large Is the Oil and Gas Sector of Russia? A Research Report," Eurasian Geography and Economics, 46, 1:68-76, 2005.
16. Minfin (Ministry of Finance, Russian Federation), "Metodologiya formirovaniya Neneftegazovogo balansa byudzheta Rossii (Methodology of the Formation of the Non-Oil-Gas Balance of the Budget of Russia)," August 28, 2006 [http://www1.minfin.ru/off_inf/ 1895.htm].
17. Motomura, Masumi, Revival of Russia as an Oil Power. Tokyo, Japan: Institute of Developing Economies, Japan External Trade Organization, 2005 (in Japanese).
18. Niblock, Tim, The Political Economy of Saudi Arabia. London, UK and New York, NY: Routledge, 2007.
19. OCED, OCED Economic Surveys: Russian Federation. Paris, France: OECD, 2006.
20. Ramady, M. A., The Saudi Arabian Economy: Policies, Achievements and Challenges. New York, NY: Springer, 2005.
21. Rossiya v tsifrakh (Russia in Figures). Moscow, Russia: Rosstat, 2008.
22. Rossiyskiy statisticheskiy yezhegodnik (Russian Statistical Yearbook). Moscow, Russia: Rosstat, various years.
23. Rosstat (Federal'naya sluzhba gosudarstvennoy statistiki [Federal Statistical Service]), Russian Federation, main website page, 2009 [http://www.gks.ru/].
24. Sagers, Matthew J., "The Regional Dimension of Russian Oil Production: Is a Sustained Recovery in Prospect?," Eurasian Geography and Economics, 47, 5:505-545, 2006.
25. SAMA (Saudi Arabian Monetary Agency), Forty Fourth Annual Report. Riyadh, Saudi Arabia: SAMA, 2008 [http://www.sama.gov.sa/en/ publications/annualrep/].
26. Tabata, Shinichiro, "Russian Revenues from Oil and Gas Exports: Flow and Taxation," Eurasian Geography and Economics, 43, 8:610-627, 2002.
27. Tabata, Shinichiro, "Observations on the Influence of High Oil Prices on Russia's GDP Growth," Eurasian Geography and Economics, 47, 1:95-111, 2006a.
28. Tabata, Shinichiro, "Price Differences, Taxes, and the Stabilization Fund," in Michael Ellman, ed., Russia's Oil and Natural Gas: Bonanza or Curse? London, UK: Anthem, 2006b, 35-53.
29. Tabata, Shinichiro, "The Russian Stabilization Fund and Its Successor: Implications for Inflation," Eurasian Geography and Economics, 48, 6:699-712, 2007.
30. Tabata, Shinichiro, "Problems of Industrial Classification in the Russian Statistics," mimeo, 2008.
31. Treml, V. G., and B. L. Kostinsky, Domestic Value of Soviet Foreign Trade: Exports and Imports in the 1972 Input - Output Table. Washington, DC: U. S. Department of Commerce, Foreign Economic Report, No. 20, 1982.
32. Uegaki, Akira, "Russia as a Newcomer to the International Financial Market, 1992-2000," Acta Slavica Iaponica, 21, 23-46, 2004.
33. UNSD (United Nations Statistics Division), "National Accounts Main Aggregates Database," 2008a [http://unstats.un.org/unsd/snaama/ Introduction.asp].
34. UNSD (United Nations Statistics Division), "United Nations Commodity Trade Statistics Database (Comtrade)," 2008b [http://comtrade.un.org/db/].
35. Wilson, Rodney, Economic Development in Saudi Arabia. London, UK: RoutledgeCurzon, 2004.