Since oil was discovered in Nigeria back in 1956, the manufacture and dependence of oil has been a subject of uncertainty for years. It is generally believed that nations with bountiful natural resources should thrive and be one of the nations at the top but it has been realized that such has...

Fossil fuels have shaped the European economy since the industrial revolution. We use new long-run panel data to analyse the effect of both, coal and oil on economic growth between 1900 and 2015, exploiting variation at the level of European NUTS2 and NUTS3 regions. We show that the reversal of...

Fossil fuels have shaped the European economy since the industrial revolution. In this paper, we analyse the effect of coal and oil on long-run economic growth, exploiting variation at the level of European NUTS-2 and NUTS-3 regions over the last century. We show that an "oil invasion" in the...

Fossil fuels have shaped the European economy since the industrial revolution. We use new long-run panel data to analyse the effect of both, coal and oil on economic growth between 1900 and 2015, exploiting variation at the level of European NUTS2 and NUTS3 regions. We show that the reversal of...

By-sector analysis of industrial production indices shows that there are still no conditions for transition to sustainable growth in the majority of sectors. The trend component of the industrial production index points to a growth in manufacturing industry in the amount of 0.4% in March 2018...

The primary function of a resilient oil and gas tax system is to raise enough revenue to finance essential government expenditure that will raise the standard of living, promote sustainable firms and create jobs of the future for economic growth. This study seeks to determine the impact of gas...