• Oliver Budzinski University of Southern Denmark in Esbjerg, Department of Environmental and Business Economics, Markets and Competition Group, Denmark
  • Elmira Schaimijeva TOU WPO The Institute for Economics, Management and Law Russia
  • Gjusel Gumerova GOU WPO, The Academy of National Economy under the Government of the Russian Federation, Moscow Russia
  • Jörg Jasper EnBW Berlin, Germany


Although Russia’s WTO-accession is foreseeable, there are still deficits in the literature on its concrete effects on the sectoral and regional levels. In this paper we analyse effects on Russia’s chemical and petrochemical sectors (CPS), which are, unlike for example its oil and mineral gas industry, rarely in the focus of public attention. On the basis of an extensive examination of these sectors’ current condition, we expect serious problems for them to emerge in the nearer future, the perhaps most serious and most puzzling problem being under-investment. Our analysis is based on data provided by GOSKOMSTAT/ROSSTAT, Russia’s official statistics institute.


[1] Achmetov, R. 2002. Obosnovanie strategii restrukturisacii promzyshlenych predprijatii (na primere Respubliki Tatarstan). Avtoref. diss., Kazan.
[2] Afontsev, S. 2004. Political Economy of Tariff Unification: The Case of Russia, CEER Working Paper 04/12, Moscow.
[3] Ageev, S., and Salichov, C. 2002. Put Rossii w WTO: problemy i perspektivy. Idel Pres 2002.
[4] Aghion, P., Bloom, N., Blundell, R., Griffith, R., and Howitt, P. 2005. Competition and Innovation: An Inverted-U Relationship. Quarterly Journal of Economics 120 (2). 701-728.
[5] Baker, J.B. 2007. Beyond Schumpeter vs. Arrow: How Antitrust Fosters Innovation. Antitrust Law Journal 74 (3): 575-602.
[6] Baker, J.B. 2008. Dynamic Competition Does Not Excuse Monopolization. Competition Policy International 4 (2): 243-251.
[7] Balacki, E., and Lapin, W. 2004. Innovacionny Sektor Promyshlennosti. Ekonomist 1: 20-33.
[8] Beljanin, A. 2002. Protekzionism, restrukturisacija i wstuplenie Rossii w WTO. Westnik RCER 130: 3-10.
[9] Broadman, H.G. 2004. Global Economic Integration: Prospects for WTO Accession and Continued Russian Reforms. The Washington Quarterly, Spring 2004: 79-98.
[10] Budzinski, O. 2008. Monoculture versus Diversity in Competition Economics. Cambridge Journal of Economics 32 (2): 295-324.
[11] Cantner, U. 2010. Industrial Dynamics and Evolution: The Role of Innovation, Competences and Learning, in: Josef Drexl et al. (eds.). Economic Approach to Competition Law: Foundations and Limitations. Cheltenham: Elgar, forthcoming.
[12] Chowdhury, A. 2003. WTO Accession: What’s in it for Russia?, William Davidson Working Paper 595, July.
[13] Department of Science and Industrial Policy of the City of Moscow. 2007.
[14] Döhrn, R. 2002. Bestimmungsgründe und Auswirkungen von Direktinvestitionen der deutschen chemischen Industrie. RWI, Essen 2002.
[15] Gaidar, E. 2002. Rossiiskaja ekonomika w 2002 g. Tendencii i perspektivy, Institut Ekonomiki perechodnogo perioda. Ekonomika, Moscow, 2002, 533.
[16] Galiev, R., and Havkin, W. 2008. O nekotorych problemach neftechimitscheskogo Kompleksa Rossii. Burenie i neft 1, 2008.
[17] Gorodnikova, N., and Gosteva, S. 2009. Indikatory innovacionnoi dejatelnosti, 2009. Stat. Sbornik, M: GU-WSE.
[18] GOSKOMSTAT 2000. Innovacionnaja dejatelnost promyshlennych predprijatii Rossii wo II polugodii 1999 (2000). Statistichesky Bjulleten RF, 2000, 26.
[19] GOSKOMSTAT 2002. Rossija w cifrach 2002, Moscow.
[20] GOSKOMSTAT 2003a. Investicii w Rossii 2003, Moscow.
[21] GOSKOMSTAT 2003b. Promyshlennost Rossii 2003, Moscow.
[22] GOSKOMSTAT 2003c. Rossisky statistichesky Eshegodnik 2003, Moscow.
[23] GOSKOMSTAT 2003d. Regiony Rossii 2003, Moscow.
[24] GOSKOMSTAT 2004a. Rossija w cifrach 2004, Moscow.
[25] GOSKOMSTAT 2004b. Rossisky statistichesky Eshegodnik 2004, Moscow.
[26] Grishankov, D. 2003. Expert-200. Eshegodny reitng krupneishich kompanii Rossii. Expert 36: 82-154.
[27] Hare, P. 2002. Why the WTO Matters for Russia. Barysch Katinka et al. (eds), Russia and the WTO, London, 61-83.
[28] Jasper, J., Gumerova, G., and Schaimijeva, E. 2003. Ausländische Direktinvestitionen in der Republik Tatarstan im Zeitraum 1990-2001. Osteuropa-Wirtschaft 3, 2003: 161-181.
[29] Jensen, J.,Rutherford, T., and Tarr, D. 2004b. Economy-wide and Sector Effects of Russia`s WTO Accession, Washington..
[30] Jensen, J., Rutherford, T., and Tarr, D. (2004a), The Impact of Liberalizing Barriers to Foreign Direct Investment in Services: The Case of Russian Accession to the World Trade Organization, Washington 2004.
[31] Kerber, W. 2006. Competition, Knowledge, and Institutions. Journal of Economic Issues XL (2): 1–7.
[32] Kerber, W. 2010. Competition, Innovation and Maintaining Diversity Through Competition Law: Drexl J. et al. (eds.), An Economic Approach to Competition Law: Foundations and Limitations, Cheltenham: Elgar, forthcoming.
[33] Kucobin, A., and Glasjev, S. 2002. Posledtswija prosoedinenija Rossii k WTO Dlja otechestwennoi Promyshlennosti: obosnovanie metodiki ocenki. Rossisky Ekonomichesky Shurnal 1: 35-56.
[34] Kurakow, L. 2004. Ekonomika i prawo. Slowar-Sprawochnik, Moscow 2004.
[35] Lissowolik, B., and Lissowolik, Y. 2004. Russia and the WTO: The „Gravity“ of Outsider Status, IMF Working Paper, WP/04/159.
[36] Livencev, N,, and Lisowolik, J. 2002. Aktualnye problymi prisojedinenija Rossii k WTO. Ekonomika, 2002, 382.
[37] Marcinowski, S. 1999. Globalisierung – Chancen und Herausforderungen für die Chemische Industrie. Wirtschaft und Wissenschaft – eine Allianz mit Zukunft in Deutschland?. Rosenheim.
[38] Mescherjakova, L. 2008. Effektivnost privleshenenija investicionnych resursov kak Istoshnik raswitija regiona. Regionalnaja ekonomika: teorija i praktika 9 (66): 43-47.
[39] Nacionalny Investicionny Soviet 2002. Narodnochosjastwennye posledstwija prisoedinenja Rossii k WTO, Moscow 2002.
[40] Oreshkin, W. 2002. Obsheekonomischesky, investicionny i wneshnetorgovy potencial rossiskich regionov. Wneschneekonomistchesky Bjulleten 9: 55-67.
[41] Rossisky, S.C. 2004. Conception for the Development of the chemical and petrochemical industry until 2010. 2004.
[42] ROSSTAT 2008a. Rossisky statistichesky Eshegodnik 2008, Moscow.
[43] ROSSTAT 2008b. Rossisky statistichesky Eshegodnik 2006, Moscow.
[44] ROSSTAT 2008c. Promyschlennost Rossii 2008, Moscow.
[45] Salichow, C. 2002. O wlijanii na realnyi sektor ekonomiki Respubliki Tatarstan posledstwii wchoshdenija Rossisjkoi Federacii wo Wsemirnuju Torgowuju Organisaciju. Ekonomichesky Westnik Respubliki Tatarstan 4, Kazan: 5-13.
[46] Schmidt, O. 2002 Anmerkungen zum geplanten WTO-Beitritt Russlands. Dieter Duwendag (ed.), Reformen in Russland und die deutsch-russischen Wirtschaftbeziehungen,\ Baden-Baden: Nomos, 315.
[47] Stern, R. 2002. An Economic Perspective on Russia’s Accession to the WTO, William Davidson Working Paper 472, June.
[48] Sulamaa, P., and Widgrén, M. 2005. Economic Effects of Free Trade between the EU and Russia, Discussion Paper 969 of The Research Institute of the Finnish Economy (ETLA), Helsinki.
[49] Tarr, D. 2007. Russian WTO Accession: What Has Been Accomplished, What Can be Expected, Policy Research Working Paper.
[50] Ustenko, O. 2002. Russia‘s Accession into WTO: A Case Study of the Aluminium Industry, Center for Economic and Financial Research (CEFIR), Moscow,
[51] Vinhas de Souza, L. 2004. A Wider Europe: Trade Relations Between an Enlarged EU and the Russian Federation, CASE Discussion Paper 279, Warsaw.
[52] Wodjanov, A., Lapenin, W., and Isakow, G. 1999. Wneshnetorgowaja politika Rossii w Kontekste problemy ee wstuplenija w WTO. Rossisky Ekonomichesky Shurnal 7: 44-57.
[53] Wojtyniak B., and Broll U. 2008. Russland und die WTO: Eine ökonomische Analyse. Vereinigung Weltwirtschaft und Weltpolitik, Bd. 18H. 180/181: 154-168.
[54] World Bank 2004. Russian Economic Report No. 8, November, Moscow.
[55] World Bank 2005. Russian Economic Report No. 10, March, Moscow.
[56] Yudayeva, X., Bessonova, E., Koslov, K., Ivanova, N., Sokolov, D., and Belov, B. 2003. Sektoralnyj i regionalnyj analis vstuplenija Rossii w WTO: Ozenka isderschek i wygod, Moscow Carnegie Center, discussion paper 3, Moscow.
How to Cite
BUDZINSKI, Oliver et al. RUSSIA’S CHEMICAL AND PETROCHEMICAL INDUSTRIES AT THE EVE OF WTO-ACCESSION. Journal of Advanced Research in Law and Economics, [S.l.], v. 1, n. 2, p. 90-114, feb. 2017. ISSN 2068-696X. Available at: <>. Date accessed: 17 apr. 2024.


Russia; chemical and petrochemical industries; WTO