- PII
- S042473880000616-6-1
- DOI
- 10.31857/S0000616-6-1
- Publication type
- Article
- Status
- Published
- Authors
- Volume/ Edition
- Volume / Issue №2
- Pages
- 37-53
- Abstract
- The production functions of the entire natural gas production industry in Tyumen region as well as of Gazprom subsidiaries within this area during 1993–2007 were the subject of this econometric study. It has been ascertained that the labor elasticity of Gazprom subsidiaries’ gas production is equal to the average (within this period) wage share with accrued items in subsidiaries’ gas production costs and, therefore, the marginal rate of substitution between labor and capital is equal to their price ratio. On these grounds we can state the Pareto%efficient use of resources and cost minimization by Gazprom subsidiaries, and it would be inefficient (caeteris paribus) to divide Gazprom into independent gas production companies in Tyumen region.
- Keywords
- -
- Date of publication
- 01.04.2009
- Number of purchasers
- 0
- Views
- 868
RAS Social ScienceEconomics and the Mathematical Methods
- ISSN (Print) 0424-7388
- ISSN (Online)3034-6177
PRODUCTION FUNCTIONS OF GAS PRODUCTION INDUSTRY OF TYUMEN REGION AND SUBSIDIARIES OF OJSC GAZPROM IN 1993-2007.
Индексирование
Scopus
Crossref
Higher Attestation Commission
At the Ministry of Education and Science of the Russian Federation
Scientific Electronic Library