Development of Methodology for Forecasting the Reproduction of Natural Resources Using an Intersectoral Approach

Natural resources are an important factor in economic growth. Economic decisions should be made taking into account the specific features of their reproduction and thoroughly integrate this factor into economic models. This requires developing a methodology for estimating and forecasting the reproduction of natural resource reserves. The article analyzes the experience of building various macroeconomic and intersectoral economic-environmental models that take into account natural resources. An approach to the synthesis of methods for geological and economic assessment of natural resources, in particular, hydrocarbons involving the methodology of dynamic input–output balance is proposed. This approach makes it possible to forecast the development of the Russian economy taking into account the interrelation between the reproduction of natural resource reserves in terms of hydrocarbons and the reproduction of gross output at the macro- and intersectoral levels.

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Publication Details

Journal
Studies on Russian Economic Development
Published
2024-09-16
DOI
https://doi.org/10.1134/s1075700724700163
Citations
1
Primary Topic
Economic and Technological Systems Analysis
Type
article
Field-Weighted Citation Impact
0.73
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article

Development of Methodology for Forecasting the Reproduction of Natural Resources Using an Intersectoral Approach

А. О. Баранов, Yu. M. Slepenkova
1 citations
Studies on Russian Economic Development
Economic and Technological Systems Analysis
0.73
article

Development of Methodology for Forecasting the Reproduction of Natural Resources Using an Intersectoral Approach

А. О. Баранов, Yu. M. Slepenkova
article en
1 citations

Abstract

Natural resources are an important factor in economic growth. Economic decisions should be made taking into account the specific features of their reproduction and thoroughly integrate this factor into economic models. This requires developing a methodology for estimating and forecasting the reproduction of natural resource reserves. The article analyzes the experience of building various macroeconomic and intersectoral economic-environmental models that take into account natural resources. An approach to the synthesis of methods for geological and economic assessment of natural resources, in particular, hydrocarbons involving the methodology of dynamic input–output balance is proposed. This approach makes it possible to forecast the development of the Russian economy taking into account the interrelation between the reproduction of natural resource reserves in terms of hydrocarbons and the reproduction of gross output at the macro- and intersectoral levels.

Studies on Russian Economic DevelopmentVol. 35(5)
Russian Academy of Sciences (RU), Institute of Economics and Industrial Engineering (RU)
Openalex Percentile: Top 23%
Economic and Technological Systems Analysis
0.73
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