The Analysis of Foreign Trade of Oil and Gas in Kazakhstan

Bc. Aida Nazarova

Master's thesis

Abstract:

The thesis has the main objective of analysing the oil and gas sector of the Republic of Kazakhstan, which is often regarded as the main source of income for the country. As an additional goal, the thesis is also concerned with the identification of whether the case of the country can be classified as a case of the “Dutch disease” due to the country’s dependence on the aforementioned sector. For the analysis, the quantitative techniques that involve the calculation of correlation coefficients, linear regression estimation, utilization of descriptive statistics and analysis of time series data were mainly used. Ultimately, it was identified that the country, despite being largely dependent on exports from the oil and gas sector, is not likely to fall under the description of a country suffering from the "Dutch disease". It was found that the contribution of oil is high to the country's exports is high, but the country is making an attempt to diversify its economy by decreasing the dependency on the oil and gas sector.

Keywords

Kazakhstan, oil, gas, exports, econometric analysis, imports

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 31. 3. 2024

Obhajoba závěrečné práce

• Obhajoba proběhla 29. 5. 2024
• Vedúci: prof. Ing. Mansoor Maitah, Ph.D. Ph.D.
• Oponent: Jana Skřivánková, B.E., externi

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme:
Economics and Management