Template-Type: ReDIF-Paper 1.0 Author-Name: Georgy Idrisov Author-Name-First: Georgy Author-Name-Last: Idrisov Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Sergey Sinelnikov-Murylev Author-Name-First: Sergey Author-Name-Last: Sinelnikov-Murylev Author-Workplace-Name: Gaidar Institute for Economic Policy Title: Modernization or Conservation: The Role of Export Duty on Crude Oil and Petroleum Products Abstract: This paper deals with the analysis of the consequences of the abolition of export duties on crude oil and petroleum products as a necessary measure to create incentives to improve energy efficiency of the Russian economy and the elimination of underdevelopment caused by the unprecedented long-term subsidies to inefficient Russian oil refining. The authors consider three possible scenarios for the abolition of export duties on crude oil and domestic market and the conservation of tax revenues at a constant level. Length: 13 pages Creation-Date: 2012 Revision-Date: 2012 Classification-JEL: L71 Keywords: resource rent, oil refining, export duty on crude oil and petroleum products, energy efficiency of the Russian economy File-URL: https://www.iep.ru/files/RePEc/gai/wpaper/0042Sinelnikov.pdf File-Format: Application/pdf File-Function: Revised version, 2012 Handle: RePEc:gai:wpaper:0042