ExxonMobil Specialisation in Natural Resources and Energy Economics (2009–2015)

Organizer:
Department of Economics
Project start date:
2009-12-01
Project end date:
2015-12-01

alt

 

The project towards the development of Specialisation in Natural Resources and Energy Economics has been carried out since December 2009 with the generous support of ExxonMobil. The head of the project is Prof. Kirill Borissov, doctor of science in economics. In 2009–2012 the project was administered by Dr. Alexander Surkov, the former head of the Department of Economics. 

 

Main Tasks of the Project

The project is evolving in the following three directions: 

Academic and Organisational Work

 

Teaching

  • Delivering the course «Economics of Natural Resources and the Environment», developed within the framework of the Specialisation.
  • Delivering a block of lectures dedicated to statistics of natural resources, within the «Measurement Methods in Economics» course.
  • Delivering the course «Energy Markets», developed within the framework of the Specialisation.
  • Teaching case studies devoted to world exports and imports in the natural resource sector, within the «International Trade Theory» course.
  • Arranging a series of short lecture courses on the topic of the Specialisation by visiting professors from leading Western universities.

 

Research

  • Fundamental research in the field of economics of natural resources and environment.
  • Building economic growth models with natural resources.
  • Analysis of sustainable development and environment protection.
  • Studies of environmental pollution in the transition economies.
  • Characterisation of the resource-dependent economies.

 

Project Reports

ExxonMobilReport2010 no sh ExxonMobilReport2011 no sh ExxonMobilReport2012 no sh ExxonMobilReport2013 no sh ExxonMobilReport2014 no sh ExxonMobilReport2014 no sh
2010 2011 2012 2013 2014 2015

 

Publications in 2015

Journal Articles

  1. Yu. Raskina. The determinants of CO2 emissions in the former Soviet Union: empirical analysis. Finance and Business, 2015, No 1, pp. 25–41 (In Russian).
  2. Borissov, K., Pakhnin, M., Puppe C. On Discounting and Voting in a Simple Growth Model. KIT Working Paper 77, December 2015.
  3. S. Mikhalischev, Yu. Raskina. Environmental Kuznets Curve: The Case of Russia. Finance and Business, 2016, No 1, pp. 17–39 (In Russian).

 

EUSP Department of Economics Working Papers

  1. Robert A. Becker, Kirill Borissov, and Ram Sewak Dubey. Ramsey Equilibrium with Liberal Borrowing. Ref.: Ec-02/15.
  2. Sergey Mikhalischev, Yulia Raskina. Environmental Kuznets Curve: The Case of Russia (In Russian). Ref.: Ec-03/15.

 

CEEES Working Papers

  1. Yuri Yatsenko. Models and Games with Adaptation and Mitigation. Ref.: CE3S-01/15
  2. Maria Chistyakova and Philippe Mahenc. Free-Riding on Environmental Taxation. Ref.: CE3S-02/15.
  3. Stefano Bosi and David Desmarchelier. Limit cycles under a negative effect of pollution on consumption demand: the role of an environmental Kuznets curve. Ref.: CE3S-03/15.
  4. Frederick van der Ploeg. Second-best Carbon Taxation in the Global Economy: The Green Paradox and Carbon Leakage Revisited. Ref.: CE3S-04/15.
  5. Anastasios Xepapadeas and Athanasios Yannacopoulos. Spatial Resource Management under Pollution Externalities. Ref.: CE3S-05/15.
  6. Philippe Mahenc. Honest versus Misleading Certification. Ref.: CE3S-06/15.
  7. Armon Rezai and Frederick van der Ploeg. Cumulative Emissions, Unburnable Fossil Fuel and the Optimal Carbon Tax. Ref.: CE3S-07/15.

 

Conference Proceedings

  1. Podkorytova, O., Raskina, Yu. Energy consumption, economic growth and pollution: the case of Former Soviet Union republics. Proceedings of the International Research Seminar «Economic Performance, Environmental Innovation, Climate and Energy Policy». St. Petersburg.
  2. K. Borissov, М. Pakhnin. A General Approach to Voting in Growth Models with Natural Resources. In: Prof. B. L. Ovsievich Second Memorial Conference «Economical and Mathematical Studies: Mathematical Models and Information Technologies» Proceedings. SPb: Nestor-Istoriya, 2015, pp. 190–193 (In Russian).
  3. Podkorytova, O., Raskina, Yu. Restrictiveness of Russia’s investment policy: sectoral analysis. Proceedings of the «Evolution of international trading system: prospects and challenges–2015». Oct. 2015, St. Petersburg, Gamma publishing, pp. 295–304.

 

Conference Presentations in 2015

  1. М. Pakhnin. Economic Growth and Property Rights on Natural Resources. International Conference PET15 (Association for Public Economic Theory), Luxembourg, July 02–04, 2015.
  2. K. Borissov. Ramsey Equilibrium with Liberal Borrowing. Dynamics, Economic Growth, and International Trade (DEGIT) XX Conference, Geneva, Switzerland, September 3–4, 2015.
  3. K. Borissov. Global Commons and Property Regimes. International Research Seminar «Economic Performance, Environmental Innovation, Climate and Energy Policy», St. Petersburg, September 30, 2015.
  4. O. Podkorytova, Yu. Raskina. Energy consumption, economic growth and pollution: the case of Former Soviet Union republics. International Research Seminar «Economic Performance, Environmental Innovation, Climate and Energy Policy», St. Petersburg, September 30, 2015.
  5. K. Borissov. Trade Liberalization and Human Capital Accumulation: Resource Curse Revisited. The Fourth International Workshop on Natural Resources, Environment and Economic Growth, St. Petersburg, October 1–2, 2015.
  6. М. Pakhnin. On Discounting and Voting in a Simple Growth Model with Natural Resources. The Fourth International Workshop on Natural Resources, Environment and Economic Growth, St. Petersburg, October 1–2, 2015.
  7. М. Pakhnin. A General Approach to Voting in Growth Models with Natural Resources. Prof. B. L. Ovsievich Second Memorial Conference «Economical and Mathematical Studies: Mathematical Models and Information Technologies», St. Petersburg, October 26–28, 2015.
  8. O. Podkorytova, Yu. Raskina. Restrictiveness of Russia’s investment policy: sectoral analysis. «Evolution of International Trading System: Prospects and Challenges–2015», St. Petersburg, Russia, October 29–30, 2015.
  9. O. Podkorytova, Yu. Raskina. Foreign direct investment and environmental laws: the case of Russia. «Evolution of International Trading System: Prospects and Challenges–2015», St. Petersburg, Russia, October 29–30, 2015.
  10. M. Pakhnin. Economic Growth and Property Rights on Natural Resources. International Conference ASSET 2015 (Association of Southern-European Economic Theorists), Granada, Spain, November 12–14, 2015.
  11. Yu. Vymyatnina. Credit Dynamics of Various Entities in Russia: Impact of Oil Prices and Sanctions. ASEEES (Association for Slavic, East European, and Eurasian Studies) Convention, Philadelphia, USA, November 19–22, 2015.

 

Results

  • The development of the ExxonMobil Specialisation in Natural Resources and Energy Economics at the EUSP Department of Economics resulted in the formation of the outstanding research team, succesfully working in this field.
  • The network of academic contacts is broadening and strengthening. In particular, the International Centre for Energy and Environmental Economics Studies (CEEES) was established by the EUSP Department of Economics jointly with the Centre for Operations Research and Econometrics (CORE) at the Université Catholique de Louvain (Belgium). The Centre develops teaching and research activities in the area of sustainable development, energy economics, natural resources, environment and climate.
  • The EUSP Department of Economics jointly with CEEES has held four International Workshops on Natural Resources, Environment and Economic Growth. The International Workshop, traditionally held at the beginning of October in St. Petersburg, became a significant academic event not only within Russia, but also within the global scientific community. This has led the ExxonMobil Specialisation to become the largest platform in Russia for regular meetings of world-renowned scholars working in such fields as energy economics, environment economics, and economic growth.
  • A number of new courses on the economics of natural resources, energy and the environment have been introduced to the curriculum of the Department of Economics.
  • Faculty members involved in the ExxonMobil Specialisation in Natural Resources and Energy Economics continue their teaching and research activities, publication of working papers and articles in peer-reviewed journals, and international conference participation.

Project News