Importance The article addresses oil and gas and other revenues of the Federal and consolidated budgets of the Russian Federation from 2006 to 2015. The budget revenue structure is of particular interest to both economists and financiers, and Russian politicians, as it determines the actions of the Russian Government as a regulator of economic relations. Objectives Our aim is to scrutinize the nature of Russian budget revenues depending on the territory of formation of subjects of taxation and the Government's ability to influence them through discretionary fiscal policy tools. Methods We employed a system-structural analysis to explore oil-and-gas and other than oil-and-gas revenues of the Federal and consolidated budgets from the perspective of exogenous and endogenous variables. This approach enabled to determine the relationship between external economic factors and the ability of the Government to develop its own 'internal' tax base. Results We classified budget revenues based on the uniformity of attributes, i.e. the territory of formation of subjects of taxation, applicability of discretionary fiscal instruments to regulate and assess the impact of external factors on the tax base and subject of taxation formation. Thus, using the new terminology, the budget revenue structure of the Russian Federation is presented as follows: exogenous, quasi-exogenous, endogenous, and quasi-endogenous budget revenues. Conclusions and Relevance The offered classification enables updating the theoretical framework for budget revenue categories and, therefore, the quantification of the impact of external factors, as well as the specifics of governmental regulation under transitional economy.
Keywords: oil and gas revenues, budget, exogenous, endogenous, budget revenue structure
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