, this may be partially or wholly offset by negative income, competitiveness and disinvestment effects, which also occur in … response to falling energy prices. The occurrence of disinvestment effects is of particular interest. These occur where falling …

Scottish oil supply sector. This ‘disinvestment effect’ acts as a constraint on the size of rebound effects. However, the … magnitude of rebound effects and presence of the disinvestment effect in the simulations conducted here are sensitive to the …