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the former but not the latter explanation. -- Petroleum Economics ; Stochastic Dynamic Optimization …
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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/10011794647
Natural resources are generally associated to negative effects on the political environment of a country. This paper explores the impact that oil revenues have on the establishment of a given political system. Based on previous literature, a political economy perspective is employed. A simple...
Persistent link: https://www.econbiz.de/10009535530
Asian countries are: Russia, China, United States, European countries, Iran, India and Turkey. Among these players, Russia … Asian country and external players, starting from the closest countries (Russia and China) to the regional ones (Iran …
Persistent link: https://www.econbiz.de/10011986382
notably with the aim of limiting Russia's access to hard international currency. However, Russia remains the world's first … States, the United Kingdom, Canada and Australia. Given the inelasticity of Russia's oil and gas supply, the most efficient … used flexibly to control the degree of economic pressure on Russia. …
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