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Unconventional Gas and the European Union: Prospects and Challenges for Competitiveness

Vollebergh, Herman R. J.; Drissen, Eric - CESifo - 2014

This article studies the likely impact of unconventional gas developments in the U.S. on EU competitiveness. We find, first of all, little evidence for a prosperous unconventional gas development in Europe. Second, the U.S. boom has already a strong impact on both world and European energy...

Persistent link: https://www.econbiz.de/10010948880

Unconventional Gas and the European Union : Prospects and Challenges for Competitiveness

Vollebergh, Herman R. J. - 2015

Persistent link: https://www.econbiz.de/10013030220

Unconventional Gas and the European Union : Prospects and Challenges for Competitiveness

Vollebergh, Herman R. J. - 2014

Persistent link: https://www.econbiz.de/10013044543

Mothballing in a Duopoly : Evidence from a (Shale) Oil Market

Comincioli, Nicola; Hagspiel, Verena; Kort, Peter M.; … - 2020

The mothballing option has been studied in the literature, but mainly in decision theoretic frameworks. This paper looks at it from a strategic point of view and applies it to an incumbent-entrant framework. In particular, based on the recent strategic interactions between OPEC and the shale oil...

Persistent link: https://www.econbiz.de/10014090989

Modelling the Global Price of Oil : Is There Any Role for the Oil Futures-Spot Spread?

Valenti, Daniele - 2018

In this work, we propose an analysis of the global market for crude oil based on a revised version of the Structural Vector Autoregressive (SVAR) model introduced by Kilian and Murphy (2014). On this respect, we replace the global proxy for above-ground crude oil inventories with the oil...

Persistent link: https://www.econbiz.de/10014115111

The U.S. Dollar Exchange Rate and the Demand for Oil

De Schryder, Selien - 2013

Using recent advances in panel data estimation techniques, we find that an appreciation of the US dollar exchange rate leads to a significant decline in oil demand for a sample of 65 oil-importing countries. The estimated effect turns out to be much larger than the impact of a shift in the...

Persistent link: https://www.econbiz.de/10013086048

The External Cost of European Crude Oil Imports

Bigano, Andrea - 2009

This paper is the first to assess operational and probabilistic externalities of oil extraction and transportation to Europe on the basis of a comprehensive evaluation of realistic future oil demand-supply scenarios, of the relative relevance of import routes, of the local specificities in terms...

Persistent link: https://www.econbiz.de/10013160215

The Impacts of Exogenous Oil Supply Shocks on Mediterranean Economies

Bastianin, Andrea - 2016

The security of energy supply is a key geopolitical factor in the relationship between the European Union and the southern neighborhood countries of the Middle East and North Africa region. We study the response of eight Mediterranean economies to exogenous oil supply shocks. We focus on the...

Persistent link: https://www.econbiz.de/10013001020

Optimal Cross-Licensing Arrangements : Collusion Versus Entry Deterrence

Choi, Jay Pil - 2018

This paper analyzes optimal cross-licensing arrangements between incumbent firms in the presence of potential entrants. The optimal cross-licensing royalty rate trades off incentives to sustain a collusive outcome vis-a-vis incentives to deter entry with the threat of patent litigation. We show...

Persistent link: https://www.econbiz.de/10012912373

Multimarket Linkages, Cartel Discipline and Trade Costs

Agnosteva, Delina - 2018

. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are … strategically linked via the incentive compatibility constraint. Importantly, trade costs affect cartel shipments and welfare not … costs exert a negative and significant effect on cartel discipline. In turn, cartel discipline has a negative and …

Persistent link: https://www.econbiz.de/10012926563