文章基本信息

标题：A theoretical interpretation of the oil prices impact on economic growth in contemporary Russia
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作者：Georgy Idrisov ; Maria Kazakova ; Andrey Polbin 等
期刊名称：Russian Journal of Economics
印刷版ISSN：2618-7213
电子版ISSN：2405-4739
出版年度：2015
卷号：1
期号：3
页码：257-272
DOI：10.1016/j.ruje.2015.12.004
出版社：Voprosy Ekonomiki
摘要：This article analyzes the impact of global oil prices on Russia's economic growth and its growth rate in terms of output. It also reviews the mechanics of the long-term and short-term impacts on output resulting from changes in oil prices. The authors argue that the effect of oil prices on output has decreased dramatically under current economic conditions ever since the period of recovery growth in the early 2000s. The main conclusion of the paper is that, on the basis of classical models, a constant increase in oil prices cannot influence the long-term economic growth rate and only predetermines short-term transitional trends from one long-term equilibrium to another.
关键词：oil prices; economic growth; small open economy