• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site

Student
Title
Supervisor
Faculty
Educational Programme
Final Grade
Year of Graduation
Artur Rafikhanov
Dutch Disease in Russia and Its Impact on the State (Dynamics) of Russian Oil Companies
2018
The Dutch disease is a negative effect of the boom in a particular sector of the economy (most often associated with the extraction of valuable natural resources), leading to a strengthening of the real exchange rate and a decline in the development of the secondary sector. This paper analyzes the presence of signs of the Dutch disease in Russia, the country that is the second largest oil producer in the world in 2017, according to the OPEC report. For this purpose, a number of macroeconomic indicators were taken: GDP, oil export, import, exchange rate, inflation for the period from 2000 to 2017, and for greater accuracy, quarterly values were taken. Also, the activities and indicators of the largest oil companies were analyzed: «Lukoil», «Gazprom» and «Rosneft» there were used quarterly reports of these companies for analysis. As a result of the work, the validity was confirmed by some signs of the Dutch disease at the macroeconomic level, as well as changes in the company's extraction strategies for oil production and export.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses