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Observations on the Geographical Dimensions of Russia's Resource Abundance
Abstract:A UK-based authority on Russia's economic geography examines the geographical dimensions of Russia's resource abundance, devoting particular attention to the spatial redistribution of resource rents generated by extraction, primary processing, and fabrication. After establishing Russia's credentials as a "resource-abundant economy," the author identifies the country's resource regions and considers their relative importance in terms of population, territory, and national economic contribution. He then considers the various dimensions (and different geographies) of resource rent, focusing on the oil and gas sector. The paper extends Gaddy and Ickes' (2005) macro-economic assessment and discusses the consequences of rent redistribution for interregional income flows as well as Russia's territorial cohesion. Journal of Economic Literature, Classification Numbers: O11, O13, O18, Q30. 5 figures, 1 table, 55 references.
Keywords:Russia  Gazprom  resource rent  resource economy  resource curse  regional development  oil and gas revenues  transfer pricing  price subsidies  inter-regional inequality
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