Difficulties in assessing the added value created by enterprises of the oil and gas sector of the Russian Federation
The article considers the relevance of the problem of assessing the gross value added created by enterprises belonging to the oil and gas sector of the Russian Federation. There is no unified system of statistical indicators in the world that determine the boundaries and characterize the economy of...
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| Format: | Article |
| Language: | English |
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Publishing House of the State University of Management
2021-10-01
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| Series: | Вестник университета |
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| Online Access: | https://vestnik.guu.ru/jour/article/view/3035 |
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| author | M. D. Khabib P. N. Maksimov |
| author_facet | M. D. Khabib P. N. Maksimov |
| author_sort | M. D. Khabib |
| collection | DOAJ |
| description | The article considers the relevance of the problem of assessing the gross value added created by enterprises belonging to the oil and gas sector of the Russian Federation. There is no unified system of statistical indicators in the world that determine the boundaries and characterize the economy of the oil and gas complexes of the countries of the world. The World Bank’s calculation of the share of oil rents in the gross domestic product of the Russian Federation has adopted as one of the simple indicators for assessing the role of the oil and gas complex in the country’s economy. It has been noted that the oil rent is reflected only as a part of the primary income arising from the extraction of oil and gas, their processing, transportation and further use. The expediency of taking into account the entire value chain created in the oil and gas sector of the economy has been justified. The methodological difficulties of a number of interrelated problems have been highlighted in detail: measuring the added value created by service sector enterprises related to the oil and gas sector; complexly organization of production structures (vertically integrated companies); transfer pricing in the oil and gas industry; reflecting taxes and subsidies on products of the oil and gas sector. The conclusion has been made about the expediency of calculating the share of the oil and gas sector in the gross domestic product of the Russian Federation. |
| format | Article |
| id | doaj-art-65f9343a556a4c3882728c1087df5ec4 |
| institution | Kabale University |
| issn | 1816-4277 2686-8415 |
| language | English |
| publishDate | 2021-10-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj-art-65f9343a556a4c3882728c1087df5ec42025-02-04T08:28:09ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152021-10-011815015410.26425/1816-4277-2021-8-150-1542132Difficulties in assessing the added value created by enterprises of the oil and gas sector of the Russian FederationM. D. Khabib0P. N. Maksimov1State University of ManagementState University of ManagementThe article considers the relevance of the problem of assessing the gross value added created by enterprises belonging to the oil and gas sector of the Russian Federation. There is no unified system of statistical indicators in the world that determine the boundaries and characterize the economy of the oil and gas complexes of the countries of the world. The World Bank’s calculation of the share of oil rents in the gross domestic product of the Russian Federation has adopted as one of the simple indicators for assessing the role of the oil and gas complex in the country’s economy. It has been noted that the oil rent is reflected only as a part of the primary income arising from the extraction of oil and gas, their processing, transportation and further use. The expediency of taking into account the entire value chain created in the oil and gas sector of the economy has been justified. The methodological difficulties of a number of interrelated problems have been highlighted in detail: measuring the added value created by service sector enterprises related to the oil and gas sector; complexly organization of production structures (vertically integrated companies); transfer pricing in the oil and gas industry; reflecting taxes and subsidies on products of the oil and gas sector. The conclusion has been made about the expediency of calculating the share of the oil and gas sector in the gross domestic product of the Russian Federation.https://vestnik.guu.ru/jour/article/view/3035оil and gas sectorgross domestic productproduction accountoil rentinstitutional unittransfer pricingtaxes on products of oil and gas sectorsubsidies on products of oil and gas sector |
| spellingShingle | M. D. Khabib P. N. Maksimov Difficulties in assessing the added value created by enterprises of the oil and gas sector of the Russian Federation Вестник университета оil and gas sector gross domestic product production account oil rent institutional unit transfer pricing taxes on products of oil and gas sector subsidies on products of oil and gas sector |
| title | Difficulties in assessing the added value created by enterprises of the oil and gas sector of the Russian Federation |
| title_full | Difficulties in assessing the added value created by enterprises of the oil and gas sector of the Russian Federation |
| title_fullStr | Difficulties in assessing the added value created by enterprises of the oil and gas sector of the Russian Federation |
| title_full_unstemmed | Difficulties in assessing the added value created by enterprises of the oil and gas sector of the Russian Federation |
| title_short | Difficulties in assessing the added value created by enterprises of the oil and gas sector of the Russian Federation |
| title_sort | difficulties in assessing the added value created by enterprises of the oil and gas sector of the russian federation |
| topic | оil and gas sector gross domestic product production account oil rent institutional unit transfer pricing taxes on products of oil and gas sector subsidies on products of oil and gas sector |
| url | https://vestnik.guu.ru/jour/article/view/3035 |
| work_keys_str_mv | AT mdkhabib difficultiesinassessingtheaddedvaluecreatedbyenterprisesoftheoilandgassectoroftherussianfederation AT pnmaksimov difficultiesinassessingtheaddedvaluecreatedbyenterprisesoftheoilandgassectoroftherussianfederation |