A theoretical interpretation of the oil prices impact on economic growth in contemporary Russia

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 outp...

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Bibliographic Details
Main Authors: Georgy Idrisov, Maria Kazakova, Andrey Polbin
Format: Article
Language:English
Published: Voprosy Ekonomiki 2015-09-01
Series:Russian Journal of Economics
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405473915000367