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Region: Economics and Sociology

2009 year, number 2

Two-sector model of the development in natural resource regions

N.N. Mikheeva

Abstract

The paper evaluates the structural shifts occurring under the influence of high prices for hydrocarbon materials and taking place in the Khanty-Mansisk-Yugra and Yamalo-Nenets Autonomous Districts. It was shown how a two-sector model of these regional economies has shaped under the high oil and gas prices. The paper considers what kind of risks may threaten such two-sector economy.