Showing 1 - 10 of 118
In this paper we empirically test the dependence of the Russian stock market on the world stock market, world oil … prices and Russian political and economic news during the period 2001-2010. We find that oil prices are not significant after …
Persistent link: https://www.econbiz.de/10011114131
Many scholars have interpreted the Russian government’s attack on the private oil companies, as in the most famous …
Persistent link: https://www.econbiz.de/10008695065
This double-issue contains 11 papers invited for the first special issue on “Computational methods for Russian economic and financial modelling”. It was an attempt to explore and bring together practical, state-of-the-art applications of computational techniques with a particular focus on...
Persistent link: https://www.econbiz.de/10011114387
this paper is to show the importance of oil in world’s economy, oil production and use, its impact on world trade …, international oil market between 1950’s and 2000’s alongside with its future prospects. The greatest part of this paper is dedicated … oil. Finally, the paper stresses the importance of oil in Macedonian economy, a country deeply dependent on petroleum …
Persistent link: https://www.econbiz.de/10011212584
volume, and have become a main determinant of the country's economic structure. Azerbaijan is a country that has major oil … and gas based economy with the completion of the Baku-Tbilisi-Ceyhan Oil Pipeline in 2005 and Baku-Tbilisi-Erzurum Gas … Pipeline in 2007. First export oil was pumped into Baku-Tbilisi-Ceyhan in May 2005, and the oil reached Ceyhan in May 2006. On …
Persistent link: https://www.econbiz.de/10011259588
The Republic of Azerbaijan is one of the oil and gas rich countires of the former Soviet Union. After the second stage … of the Shah Deniz gas field, natural gas exltation and exportation became one of the key issues in Azerbaijan’s oil and … gas stategy. Diversification of the oil and gas transportation is key issue for Azerbaijan’s energy security policy. In …
Persistent link: https://www.econbiz.de/10011260148
This paper studies the long and short-run relationship between oil exports, non oil GDP and investment in five major … oil exporting countries. Its goal is to verify the effect of natural resources exports on the economic performance. It … analysis is used to estimate the short-run dynamics and shows that the effect of oil exports on those variables depends on …
Persistent link: https://www.econbiz.de/10005025719
Analytical and numerical results show how the presence of a subsidy on household and firm purchases of oil products … distorts long-run macroeconomic aggregates in an oil-importing developing country. Beyond leading to over-consumption of oil … more oil-intensive than the traded sector and vice-versa. …
Persistent link: https://www.econbiz.de/10009323926
We analyze the effects of different regimes of control rights over critical resources on the total domestic income of open economies. We consider home control, foreign control, and international partnerships in a theoretical model where contracts are incomplete, resource exploitation requires...
Persistent link: https://www.econbiz.de/10009325678
Rising energy demand and prices, particularly for oil, has led to a search for solutions to quell this increase. With … the advent of the Oil Sands, we have stumbled upon an opportunity to increase Oil supplies and thus stabilize prices and … satisfy demand. A large portion of the oil sands are located in Canada and this gives Canada an opportunity to improve its …
Persistent link: https://www.econbiz.de/10009402060