Macroeconomic Modeling Technological Change in the Energy Sector of the Russian Far East

DOI

10.2991/iscfec-18.2019.26How to use a DOI?

Keywords

Gas Processing, Petrochemistry, Social Accounting Matrix, Macroeconomic Effect, Technology, Russian Far East.

Abstract

The authors evaluate the effects generated in the economy of the Russian Far East by the new gas processing and petrochemical industries. The calculations are based on the regional social accounting matrix for 2015 augmented with data on gas processing technologies and consumption of their products. According to the calculation results, if the output of new industries reaches 38 billion m3 of gas and 2 million tons of polyethylene, the region’s GRP will increase by 13.9% compared to 2015. In terms of the concept of sequential interindustry modeling, the authors estimate the temporal distributions of the obtained integral effects. The researchers conclude that without lags in production and consumption, the integral increase in GRP will be obtained after 40 cycles, with lags – after 50 cycles. The maximum discrepancies between the two trajectories of the macro indicator (without and with lags) will be observed in the period up to 25th cycle.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - N.G. Dzhurka
AU  - O.V. Dyomina
PY  - 2019/01
DA  - 2019/01
TI  - Macroeconomic Modeling Technological Change in the Energy Sector of the Russian Far East
BT  - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2018)
PB  - Atlantis Press
SP  - 115
EP  - 118
SN  - 2352-5428
UR  - https://doi.org/10.2991/iscfec-18.2019.26
DO  - 10.2991/iscfec-18.2019.26
ID  - Dzhurka2019/01
ER  -