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The problem of gas cartel formation is widely discussed in many countries, including Russia. Gas cartel can exist only within the world natural gas market, the latter being possible provided liquefied natural gas (LNG) becomes wide spread. Since for Russia, European gas market is of prime...
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The papers on economic growth with environmental constraints usually ignore the effect of technical progress, this results in static steady state solutions. This paper examines the problem of optimal economic growth with environmental damage, technical progress taken into account, which produces...
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