Published in «Journal of International Economic Affairs»1 / 2019
DOI: 10.18334/eo.9.1.40498

Managing sources of financing investments in oil production for economic development

Bueavi Ali Fadl, Financial University under the Government of the Russian Federation, Corporate Finance and Corporate Governance Department;, Russia

Управление источниками финансирования инвестиций в нефтедобычу в целях экономического развития - View in Russian

 Download PDF | Downoads: 78

Abstract:
The article presents the theoretical and methodological aspects related to the management of sources of financing investments in oil production for economic development. It is revealed that for the economies of commodity states with state ownership of the subsoil, it is important to rationally distribute the burden of long-term financing of investments between the state and entrepreneurs. For these purposes, problems of equitable and efficient distribution of differential rent and incentives for entrepreneurs to invest in oil production and refining should be solved

Keywords:

differential rent, entrepreneurial profit, financing of investments, investments in oil production, natural rent, sources of financing of investments

JEL-Classification: L71, Q35, Q38, Q39

Citation:
Bueavi A.F. (2019). Managing sources of financing investments in oil production for economic development [Upravlenie istochnikami finansirovaniya investitsiy v neftedobychu v tselyakh ekonomicheskogo razvitiya]. Journal of International Economic Affairs, 9(1). (in Russian). – doi: 10.18334/eo.9.1.40498.


References (transliterated):
Bubnov V.A. (2014). Finansirovanie regionalnoy ekonomiki [Funding of the regional economy] Irkutsk: IrGUPS. (in Russian).
Chernyavskiy S.V., Kosobutskiy B.E. (2018). Stimulirovanie innovatsionnyh protsessov v VINK ot dobychi do pererabotki nefti [Stimulation innovative processes in VINK from production to oil refining]. Vyzovy menedzhmenta. (2). 112-120. (in Russian). doi: 10.33051/2587-8212-2018-2-112-120.
Ermakova E.A. (2012). Formirovanie neftegazovyh dokhodov Rossii: nalogovyy aspekt [The formation of oil and gas revenues Russia: tax aspect]. Financial Analytics: Science and Experience. (9(99)). 2-12. (in Russian).
Gryaznukhina V.R., Nogovitsyn R.R. (2012). Razvitie neftegazovogo kompleksa v usloviyakh Severa [The development of oil and gas complex in conditions of the North] SPb.: Izd-vo Sankt-Peterburgskogo un-ta upravleniya i ekonomiki. (in Russian).
Lauria M. (1984). The implications of Marxian rent theory for community-controlled redevelopment strategies Journal of Planning Education and Research. 4 (1). 16-24. doi: 10.1177/0739456X8400400104 .
Minin D.A., Malyshkina E.P. (2015). Razlichie mezhdu ponyatiyami struktura kapitala firmy i struktura finansirovaniya [The distinction between the concepts of capital structure of the company and financing structure]. Economy and society (Ekonomika i socium). (1-3(14)). 1147-1150. (in Russian).
Ostanin V.A., Rozhkov Yu.V., Glukhov V.V. (2011). Kontsept ponyatiya «finansy»: problemy metoda poznaniya [The concept of the concept of "Finance": the problems of learning method]. Finance and credit. (22(454)). 2-9. (in Russian).
Reshetilova T.B. (2002). Gornaya renta v mekhanizme upravleniya ispolzovaniem nedr [Mining rent in the governance of the subsoil use] M.: Izd-vo Mosk. gos. gorn. un-ta (MGGU). (in Russian).
Rodionov I.I., Bozhya-Volya R.N. (2015). Proektnoe finansirovanie [Project financing] SPb.: Aleteyya. (in Russian).
Rusanova O.M. (2011). Istoricheskie korni i sovremennye traktovki ponyatiya «finansy» [Historical roots and modern interpretations of the concept of "Finance"]. Bulletin of Plekhanov Russian University of Economics. (4(4)). 149-157. (in Russian).
Skvortsova V.A. (2016). Mikroekonomika [Microeconomics] M.: KNORUS. (in Russian).
Trifonenkova T.Yu. (2013). Finansirovanie innovatsiy [Financing innovation] M.: INFRA-M. (in Russian).