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strong impact on both world and European energy markets. In particular, lower US gas and coal prices have changed relative …
Persistent link: https://www.econbiz.de/10010476431
China is appraised to have the world's largest exploitable reserves of shale gas, although several legal, regulatory …
Persistent link: https://www.econbiz.de/10010203405
Persistent link: https://www.econbiz.de/10011443561
all major oil-producing countries and the main exporters of petroleum products in the world are dealing with serious …
Persistent link: https://www.econbiz.de/10008729045
The paper focuses in the calculation of the oil capital value in a small open economy depending on oil rents. The Venezuelan case is used as an example. In valuing the oil capital, two issues are recalled and discussed: how should the exploration costs and the capital gains be treated? It is...
Persistent link: https://www.econbiz.de/10011593022
Persistent link: https://www.econbiz.de/10012158760
We reconsider the relationship between oil and conflict, focusing on the location of oil resources. In a panel of 132 countries over the period 1962-2009, we show that oil windfalls increase the probability of conflict in onshore-rich countries, while they decrease this probability in...
Persistent link: https://www.econbiz.de/10011596256
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Persistent link: https://www.econbiz.de/10014584756
and empirical investigation. Under the assumptions of exogenous oil prices and world oil demand, we are able to describe … the relationship between oil production levels and changes in the conditions in world oil markets. Intertemporal … model, oil producers are subject to exogenous shocks in world oil demand and prices. Oil companies can change output levels …
Persistent link: https://www.econbiz.de/10009231652