Kosov M.E.Financial University under Government of Russian Federation, Moscow, Russian Federation kosovme@mail.ru ORCID id: not available
Subject Thearticleaddresses the models of hydrocarbon market development in emerging economies. It includes a tactical area that relates to permanent use of resources available in the country, and a strategic area that relates to stock accounting inclusive of proven fields. Objectives The purpose of the study is to disclose tactical, strategic and integral dependence of the Russian economy on oil, gas and coal production. Methods I employ the methods of extrapolation, comparison, systematization, and econometric analysis. Results I suggest using the indicators of tactical, strategic and integral dependence of the national economy on natural resources, which include oil, gas and coal. The findings may be helpful for monitoring the resource dependence of Russia and other developing countries. Conclusions The paper offers a procedure for weighing individual resource characteristics that will enable a more accurate forecasting of the national economy development.
Keywords: emerging economies, development strategy, coal mining, oil and gas exports, budget
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