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Mason, Charles F. - 2011

Persistent and significant privately-held stockpiles of crude oil have long been an important empirical regularity in the United States. Such stockpiles would not rationally be held in a traditional Hotelling-style model. How then can the existence of these inventories be explained? In the...

Persistent link: https://www.econbiz.de/10009419703

Reverse causality between oil policy and fiscal policy? : the Venezuelan experience

Manzano, Osmel; Saboin, José Luis - 2021

This paper uses a model of intergenerational accounting to simulate the intergenerational distribution of oil wealth in Venezuela. Venezuelan oil production does not seem to follow an optimal extraction path. Nevertheless, this is true if we do not consider what the government does with the...

Persistent link: https://www.econbiz.de/10012583980

The political economy of oil and the crisis of the Arab State system

Atzori, Daniel - 2013

This paper argues that the so-called Arab spring is part of a tectonic shift which signals the frailty of the Arab state system as such. Countries benefitting from oil and gas rents have been more resilient, because of their potential to create systems of incentives and disincentives in order to...

Persistent link: https://www.econbiz.de/10010189502

Oil revenues, ethnic fragmentation and political transition of authoritarian regimes

Cologni, Alessandro; Manera, Matteo - 2012

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

Central Asia oil and gas industry - the external powers' energy interests in Kazakhstan, Turkmenistan and Uzbekistan

Raimondi, Pier Paolo - 2019

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

Cutting Putin's energy rent : "smart sanctioning" Russian oil and gas

Hausmann, Ricardo; Łoskot-Strachota, Agata; Ockenfels, Axel - 2022

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. …

Persistent link: https://www.econbiz.de/10013372906