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The complexity of the world oil market has increased dramatically in recent years and new approaches are needed to understand, model, and forecast oil prices today. Many models have been explored and most of the papers and modeling projects referenced in this paper identify their own...
Persistent link: https://www.econbiz.de/10013081058
This analysis provides an international perspective geared towards understanding the future demands being placed on the world's electricity system. It focuses upon the household or residential demand for electricity in a number of high-income and middle-income countries that may raise power...
Persistent link: https://www.econbiz.de/10012834556
Energy leapfrogging may have critical implications for a world that seeks to reduce its fossil fuel use and greenhouse gas emissions, and in which most future economic growth will be concentrated in rapidly growing, industrializing countries rather than in more mature economies. The current...
Persistent link: https://www.econbiz.de/10012850454
The current paper contributes to the literature on the relationship between economic growth, fuel prices, and the demand for gasoline and diesel within the transportation sector by assembling a wide panel dataset of fuel consumption and prices for 35 OECD and 83 Non-OECD countries. The...
Persistent link: https://www.econbiz.de/10013249106
During the 1970s, oil market models offered a framework for understanding the growing market power being exercised by major oil producing countries. Few such models have been developed in recent years. Moreover, most large institutions do not use models directly for explaining recent oil price...
Persistent link: https://www.econbiz.de/10013080744
Persistent link: https://www.econbiz.de/10013064061
The complexity of the world oil market has increased dramatically in recent years and new approaches are needed to understand, model, and forecast oil prices today. In addition to the commencement of the financialization era in oil markets, there have been structural changes in the global oil...
Persistent link: https://www.econbiz.de/10014157277
Estimating the relationship between economic development and energy demand and determining whether that relationship changes as levels of development change have been popular questions in energy economics. The current paper contributes to the literature by assembling a wide panel dataset of...
Persistent link: https://www.econbiz.de/10014109234