RESOURCE RENT FROM THE OIL AND GAS SECTOR AND THE RUSSIAN ECONOMY

Three specialists on Russia's oil and gas sector examine the process whereby resource rent has been extracted from oil and gas production and distributed within the Soviet (and later Russian) economy. A particular focus is on changes in the way such rent now is collected and allocated to different levels of the territorial-administrative hierarchy as a result of a transition from command to market economic relations. Special attention is devoted to the introduction of new taxation regimes and other mechanisms of rent extraction and redistribution.