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Methodological Approaches to the Assessment of the Natural Resource Rent and the Efficiency of Its Use

Abstract

The presented study examines methodological approaches to the assessment of the natural resource rent and the efficiency of its use.

Aim. The main aim of the study is to develop modern methodological approaches to the examination of the natural resource rent from the perspective of three key categories of rent recipients (economic entities in rent-generating industries, the government, and consumers, who have the ability to purchase rent goods at prices below the equilibrium price).

Tasks. The authors examine the issues of exploitation of natural resources, generation and use of the natural resource rent in the Russian economy, determine the ways of maximizing profits from the use of the natural resource rent, and assess the efficiency of these methods.

Methods. The methodology of this study integrates comparative and statistical research methods, which makes it possible not only to calculate the natural resource rent (in the context of the key categories of rent recipients), but also to analyze the level of economic (including budget and finance) and social value of the natural resource rent relative to conventional activities and the public contribution paid by domestic consumers of rent goods for the opportunity to purchase the latter at reduced prices.

Results. The obtained results indicate that the rental model that has formed in the Russian economy is becoming less relevant, and the natural resource rent is used with low efficiency, with a tendency towards further decrease. The results of the study can be used in the theoretical, methodological, and practice­oriented building of new models of the national economy.

Conclusions. Based on the obtained results, it can be concluded that:

• first, the allocation of cognitive, material, technical, budget, and investment resources between the rental and non­rental sector of the national economy cannot be regarded as socially and economically fair;

• second, a new scientific platform is required for the institutional optimization of the functioning and development of rent­generating industries in the national economy.

About the Authors

Valeriy A. Tsvetkov
Market Economy Institute of the Russian Academy of Sciences (MEI RAS)
Russian Federation

Nakhimovskiy Ave 47, Moscow, 117418



Mikhail N. Dudin
Market Economy Institute of the Russian Academy of Sciences (MEI RAS)
Russian Federation

Nakhimovskiy Ave 47, Moscow, 117418



Nikolay V. Lyasnikov
Market Economy Institute of the Russian Academy of Sciences (MEI RAS)
Russian Federation

Nakhimovskiy Ave 47, Moscow, 117418



Kobilzhon Kh. Zoidov
Market Economy Institute of the Russian Academy of Sciences (MEI RAS)
Russian Federation

Nakhimovskiy Ave 47, Moscow, 117418



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Review

For citations:


Tsvetkov V.A., Dudin M.N., Lyasnikov N.V., Zoidov K.Kh. Methodological Approaches to the Assessment of the Natural Resource Rent and the Efficiency of Its Use. Economics and Management. 2019;(5):10-20. (In Russ.)

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ISSN 1998-1627 (Print)