Showing 1 - 10 of 119
are considered, not only oil, and second, our work goes beyond the standard distinction between energy importing and …
Persistent link: https://www.econbiz.de/10013470533
This paper evaluates the impact of major natural resource discoveries since 1950 on GDP per capita and other economic and social indicators. Using panel fixed-effects estimation ad resource discoveries in countries that were not previously resource-rich, I find a positive effect on GDP per...
Persistent link: https://www.econbiz.de/10010318847
their oil and gas reserves, they have pursued a ‘multi-vector’ policy, consolidating differently their relations with other … countries. The main States involved – at different levels and for different reasons – in the oil and gas sector of the Central … Turkmenistan. This working paper provides an overview of the current situation of external players’ interests in the oil and gas …
Persistent link: https://www.econbiz.de/10012146424
consumption with respect to the location and size of a giant oil field and the country's OPEC membership status. …This paper studies how petroleum producers respond to a giant oil field discovery. Using a large panel of country … newly found oil field has come on line, indicating that producers raise extraction rates from existing reservoirs. Given …
Persistent link: https://www.econbiz.de/10011663285
We aim to explain petro populism - the excessive use of oil revenues to buy political support. To reap the full gains …
Persistent link: https://www.econbiz.de/10012143794
This paper examines the growth experience of the Central Asian economies after the breakup of the Soviet Union. In particular, it evaluates the impact of being landlocked and resource rich. The main conclusions are: (1) Over the period 1994-2006, the landlocked resourcescarce developing...
Persistent link: https://www.econbiz.de/10010281703
In this paper we estimate a dominant firm-competitive fringe model for the crude oil market using quarterly data on oil … standard test levels. We find that OPEC exercised its market power during the sample period. Counterfactual experiments … indicate that world GDP is the main driver of long-run oil prices, however, supply (depletion) factors have become more …
Persistent link: https://www.econbiz.de/10012143841
This paper offers an analysis and critique of the Green Industrial Revolution proposed by the Labour Party in 2019. It identifies this policy as a variant of the Keynesian Green New Deal, which has been interpreted favourably by many socialists as a programme for climate stabilisation and an...
Persistent link: https://www.econbiz.de/10012406276
In this work, we propose an analysis of the global market for crude oil based on a revised version of the Structural … above-ground crude oil inventories with the oil futures-spot spread. The latter is defined as the percent deviation of the … oil futures price from the spot price of oil and it represents a measure of the convenience yield but expressed with an …
Persistent link: https://www.econbiz.de/10011816767
The existing studies on Green Paradox and stranded assets focus on dirty exhaustible assets (fossil fuel reserves) and show that environmental regulations, by changing the costs of dirty inputs relative to clean ones, lead to replacements of the former by the latter and stranding of dirty assets...
Persistent link: https://www.econbiz.de/10011957025