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Analysis of the Efficiency of Natural Monopolies in Russia
[Анализ Эффективности Работы Естественных Монополий В России]

Author

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  • Idrisov, Georgy (Идрисов, Георгий)

    (Gaidar Institute for Economic Policy)

  • Ponomareva, Ekaterina (Пономарева, Екатерина)

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA), Gaidar Institute for Economic Policy, Russian Foreign Trade Academy)

Abstract

Main purposes of this paper were evaluation of natural monopolies (NMs) activity in Russian Federation, definition of its basic inefficiency sources, construction of quantitative model of natural monopolies’ tariffs influence on such macroeconomic parameters like output, aggregate price level and on prices of different industries and testing the hypothesis on negative influence of NMs’ tariffs on output and its positive influence on different price levels. To achieve this purposes the following tasks were fulfilled specified natural monopolies inefficiency sources, analyzed empirical approaches to quantify their impact on the economy; systematized theoretical and empirical approaches on regulation of natural monopolies sectors, analyzed consequences of deregulation policy on social welfare changes; analyzed theoretical and empirical studies on quantitative estimation of influence of NMs’ prices regulation on economics, defined and constructed own model of influence of NMs’ prices regulation on macroeconomic parameters (output, aggregate price level) and parameters of different sectors; realized quantitative analysis of influence of NMs’ on competitive ability of different sectors of economy; main conclusions and recommendations on policy on natural monopolies sectors were provided. As initial data for estimation authors used The Central Bank of the Russian Federation, Russian Federal State Statistics Service and Federal Customs Service data, as well as scientific, analytical and statistical papers in Russian and foreign sources, including international organizations reports.

Suggested Citation

  • Idrisov, Georgy (Идрисов, Георгий) & Ponomareva, Ekaterina (Пономарева, Екатерина), 2016. "Analysis of the Efficiency of Natural Monopolies in Russia [Анализ Эффективности Работы Естественных Монополий В России]," Working Papers 2041, Russian Presidential Academy of National Economy and Public Administration.
    • Handle: RePEc:rnp:wpaper:2041
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    Keywords

    natural monopolies; Russia; inefficiency sources; tariffs;
    All these keywords.

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