Long-term Forecast of the Dependence of the Economy of the Khanty-Mansi Autonomous Okrug-Ugra (Russia) on the Sectors of the Fuel and Energy Complex
The purpose of study is to investigate long-term forecasting of the share of fuel and energy complex sectors in the economy of the Khanty-Mansi Autonomous Okrug-Ugra. 10 most significant economic industries (sectors) of the Khanty-Mansi Autonomous Okrug-Ugra were identified, with impact factors dete...
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fttriple:oai:gotriple.eu:oai:doaj.org/article:6d14e9b3caec4a5391c018b49349c443 2023-05-15T17:02:28+02:00 Long-term Forecast of the Dependence of the Economy of the Khanty-Mansi Autonomous Okrug-Ugra (Russia) on the Sectors of the Fuel and Energy Complex Vadim Faruarovich Islamutdinov Evgeniy Igorevich Kushnikov 2020-01-01 https://doaj.org/article/6d14e9b3caec4a5391c018b49349c443 en eng EconJournals 2146-4553 https://doaj.org/article/6d14e9b3caec4a5391c018b49349c443 undefined International Journal of Energy Economics and Policy, Vol 10, Iss 2 (2020) eco socio Journal Article https://vocabularies.coar-repositories.org/resource_types/c_6501/ 2020 fttriple 2023-01-22T19:16:24Z The purpose of study is to investigate long-term forecasting of the share of fuel and energy complex sectors in the economy of the Khanty-Mansi Autonomous Okrug-Ugra. 10 most significant economic industries (sectors) of the Khanty-Mansi Autonomous Okrug-Ugra were identified, with impact factors determined based on questionnaires and correlation analysis for each industry, as well as regression equations were derived and three forecast scenarios were calculated covering the period until 2028 were elaborated. Regardless of the development scenarios, the oil and gas industry will remain to be the mainstream one in the Khanty-Mansi Autonomous Okrug-Ugra within the next 10 years. All the rest of the industries will develop basically along with the dynamics of this predominant industry. This indicates the effect of the path dependence of the Khanty-Mansi Autonomous Okrug-Ugra economy. To boost the pace of the economic sectors development in the Khanty-Mansi Autonomous Okrug-Ugra, serious institutional changes are needed, which, with few exceptions, cannot be carried out at the regional level. Keywords: long-term forecast, fuel and energy complex, economic structure, energy, oil. JEL Classifications: Q32, Q43, Q48, R11, F13. DOI: https://doi.org/10.32479/ijeep.9081 Article in Journal/Newspaper khanty khanty-mansi Mansi Unknown |
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eco socio Vadim Faruarovich Islamutdinov Evgeniy Igorevich Kushnikov Long-term Forecast of the Dependence of the Economy of the Khanty-Mansi Autonomous Okrug-Ugra (Russia) on the Sectors of the Fuel and Energy Complex |
topic_facet |
eco socio |
description |
The purpose of study is to investigate long-term forecasting of the share of fuel and energy complex sectors in the economy of the Khanty-Mansi Autonomous Okrug-Ugra. 10 most significant economic industries (sectors) of the Khanty-Mansi Autonomous Okrug-Ugra were identified, with impact factors determined based on questionnaires and correlation analysis for each industry, as well as regression equations were derived and three forecast scenarios were calculated covering the period until 2028 were elaborated. Regardless of the development scenarios, the oil and gas industry will remain to be the mainstream one in the Khanty-Mansi Autonomous Okrug-Ugra within the next 10 years. All the rest of the industries will develop basically along with the dynamics of this predominant industry. This indicates the effect of the path dependence of the Khanty-Mansi Autonomous Okrug-Ugra economy. To boost the pace of the economic sectors development in the Khanty-Mansi Autonomous Okrug-Ugra, serious institutional changes are needed, which, with few exceptions, cannot be carried out at the regional level. Keywords: long-term forecast, fuel and energy complex, economic structure, energy, oil. JEL Classifications: Q32, Q43, Q48, R11, F13. DOI: https://doi.org/10.32479/ijeep.9081 |
format |
Article in Journal/Newspaper |
author |
Vadim Faruarovich Islamutdinov Evgeniy Igorevich Kushnikov |
author_facet |
Vadim Faruarovich Islamutdinov Evgeniy Igorevich Kushnikov |
author_sort |
Vadim Faruarovich Islamutdinov |
title |
Long-term Forecast of the Dependence of the Economy of the Khanty-Mansi Autonomous Okrug-Ugra (Russia) on the Sectors of the Fuel and Energy Complex |
title_short |
Long-term Forecast of the Dependence of the Economy of the Khanty-Mansi Autonomous Okrug-Ugra (Russia) on the Sectors of the Fuel and Energy Complex |
title_full |
Long-term Forecast of the Dependence of the Economy of the Khanty-Mansi Autonomous Okrug-Ugra (Russia) on the Sectors of the Fuel and Energy Complex |
title_fullStr |
Long-term Forecast of the Dependence of the Economy of the Khanty-Mansi Autonomous Okrug-Ugra (Russia) on the Sectors of the Fuel and Energy Complex |
title_full_unstemmed |
Long-term Forecast of the Dependence of the Economy of the Khanty-Mansi Autonomous Okrug-Ugra (Russia) on the Sectors of the Fuel and Energy Complex |
title_sort |
long-term forecast of the dependence of the economy of the khanty-mansi autonomous okrug-ugra (russia) on the sectors of the fuel and energy complex |
publisher |
EconJournals |
publishDate |
2020 |
url |
https://doaj.org/article/6d14e9b3caec4a5391c018b49349c443 |
genre |
khanty khanty-mansi Mansi |
genre_facet |
khanty khanty-mansi Mansi |
op_source |
International Journal of Energy Economics and Policy, Vol 10, Iss 2 (2020) |
op_relation |
2146-4553 https://doaj.org/article/6d14e9b3caec4a5391c018b49349c443 |
op_rights |
undefined |
_version_ |
1766056116710539264 |