Showing 1 - 10 of 1,178
This paper examines the advantages and drawbacks of alternative methods of estimating oil supply and oil demand … conclusion that the one-month oil supply elasticity is close to zero, which implies that oil demand shocks are the dominant …
Persistent link: https://www.econbiz.de/10012288032
implementation; moreover, the incentive to increase supply would be stronger for owners of high-sulfur coal. This would, all else … imperfectly implemented policies may lead to detrimental environmental outcomes due to supply side responses. We use the … introduction of the Acid Rain Program in the U.S. as a case study. The theory predicts that owners of coal deposits, expecting …
Persistent link: https://www.econbiz.de/10009540097
We analyze the demand and supply characteristics of the Indian telecommunications market, in order to assess the … the most developed ones. We finally analyze the supply side of the market, trying to assess the impact of market … potential effectiveness of universal access policies in developing countries. We provide some empirical evidence on the supply …
Persistent link: https://www.econbiz.de/10008806687
Recently, Baumeister and Hamilton (henceforth: BH) have argued that existing studies of the global oil market fail to … mainly the imposition of a highly unrealistic prior for the global impact price elasticity of oil supply. Once identification … uncertainty about the global price elasticity of oil supply is accounted for by specifying a prior more in line with extraneous …
Persistent link: https://www.econbiz.de/10011882307
and demand. Supply disruptions turn out to be a bigger factor in historical oil price movements and inventory accumulation … uncertainty about the identifying assumptions themselves. We use this approach to revisit the importance of shocks to oil supply … a smaller factor than implied by earlier estimates. Supply shocks lead to a reduction in global economic activity after …
Persistent link: https://www.econbiz.de/10011782040
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 fortune of coal regions resulted from the second energy … transition. Specifically, an "oil invasion" in the early 1960s turned regional coal abundance from a blessing into a curse. Human …
Persistent link: https://www.econbiz.de/10014442780
Future market developments determine the fate of fossil fuel carbon currently conserved unilaterally. Dynamic fuel … late breakthroughs most unilateral emission reductions may be negated abroad. Future coal liquefaction suggests negative …
Persistent link: https://www.econbiz.de/10010479912
supply. One of the main determinants of the real price of commodities is shifts in the demand for commodities associated with …It is widely understood that the real price of globally traded commodities is determined by the forces of demand and …
Persistent link: https://www.econbiz.de/10011754229
We study planned price changes in German firm-level survey data to infer the relative importance of supply and demand … during the Covid-19 pandemic. Supply and demand forces coexist, but demand deficiencies dominate in the short run. Quarter … role for demand stimulus policy to buffer the Covid-19 economic crisis. …
Persistent link: https://www.econbiz.de/10012238496
Persistent link: https://www.econbiz.de/10003499724