The influence of economic growth factors on the efficiency indicators of the fuel and energy complex of Russia
The study analyzes key aspects of the economic development of the Russian fuel and energy complex in the context of international sanctions. The purpose of the study is to identify the impact of economic growth factors on the efficiency of the Russian fuel and energy complex in the context of international sanctions. The general scientific methods of generalization, the transition from the concrete to the abstract, and the graphical method are used. The fuel and energy complex of Russia is the most significant and rapidly developing industry in the country's economy, which is reflected by the importance of this study in the country's economic system. Special attention is paid to the analysis of the impact of macroeconomic indicators, including the dynamics of gross domestic product, on investments in fixed assets and oil production. Government regulatory measures such as subsidies, tax incentives, and import substitution programs are being considered, which currently play an important role in supporting the sector. The challenges associated with limited access to international markets, technologies, and financing caused by sanctions are described, as well as their impact on the efficiency and sustainability of the fuel and energy complex. The article considers the impact of financing science and innovation on the development of new technologies that increase the competitiveness and environmental sustainability of the country's fuel and energy complex, being driving factors of economic growth. Based on the forecast of gross domestic product growth, the authors propose scenarios for the development of the industry until 2030, including prospects for diversifying the energy structure and strengthening Russia's position in international markets.
Authors
- E.A. Vinokurov
- Ekaterina Pavlovna Petukhova (ORCID: https://orcid.org/0000-0002-9298-7468)
- Egor Bozrikov
Institutions
- Financial University (RU)
Publication Details
- Journal
- The Eurasian Scientific Journal
- Published
- 2025-04-01
- DOI
- https://doi.org/10.15862/04ecvn225
- Primary Topic
- Coal and Coke Industries Research
- Type
- article
- Field-Weighted Citation Impact
- 0.00