Alho, Kari E.O. - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2008
Russia prices its energy commodities domestically much lower than the prices prevailing in the international market …. First, being a major exporter of energy commodities and having considerable monopolistic market power, the country is able … to use its supply in order to influence the international energy prices. A rational way to channel this rent to the …