Factor analysis of Russian oil and petroleum products exports under current conditions

Authors

  • Ibragim Ramisovich Magomedov Russian Customs Academy

DOI:

https://doi.org/10.24412.2072-8042-2020-00076

Keywords:

exports, oil, petroleum products, federal budget of the Russian Federation, factor analysis, petroleum sector, customs payments

Abstract

In the article, basing on the results of the Russian exports analysis its peculiar orientation towards energy and raw materials is justified. The role and impact of oil and petroleum products exports on the federal budget revenues is examined. The structure and changes in energy revenues of the federal budget for the period 2016-2019 are analyzed. On the basis of quantitative indicators of oil industry growth with the stochastic method, the factors influencing the oil and petroleum products exports and the budget revenues are identified.

Author Biography

Ibragim Ramisovich Magomedov, Russian Customs Academy

Place of work, post: Russian Customs Academy (140009, Moscow oblast, Lyubertsy, st. Komsomolsky аvenue, 4) –Postgraduate Student

Published

2024-02-07

How to Cite

Magomedov, I. R. (2024). Factor analysis of Russian oil and petroleum products exports under current conditions. Russian Foreign Economic Journal, (7), 119–134. https://doi.org/10.24412.2072-8042-2020-00076

Issue

Section

Research reviews