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In 1921 Mexico produced a quarter of world's petroleum, making the country the second largest producer in the world … in Mexico. This neglects the massive changes taking place in the petroleum industry worldwide during the Great War years … taking place in Mexico for explaining the decline of the industry. Very little attention has been placed to developments in …
Persistent link: https://www.econbiz.de/10012713005
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China is a rising global power with a growing role and impact on the world's energy markets as well as on the Earth's climate system. China pursues its development in an essentially non-confrontational manner, a vision encapsulated by the notion of peaceful rise which is viewed positively in the...
Persistent link: https://www.econbiz.de/10011392322
This article examines the future of our petroleum-based economy in light of the voluminous debates over Peak Oil and … facing the traditional petroleum-based economy today …
Persistent link: https://www.econbiz.de/10014058468
This paper examines the advantages and drawbacks of alternative methods of estimating oil supply and oil demand elasticities and of incorporating this information into structural VAR models. I not only summarize the state of the literature, but also draw attention to a number of econometric...
Persistent link: https://www.econbiz.de/10012822493
This paper examines the advantages and drawbacks of alternative methods of estimating oil supply and oil demand elasticities and of incorporating this information into structural VAR models. I not only summarize the state of the literature, but also draw attention to a number of econometric...
Persistent link: https://www.econbiz.de/10014048765
Persistent link: https://www.econbiz.de/10011526247
Persistent link: https://www.econbiz.de/10012219720
Persistent link: https://www.econbiz.de/10012154763
We study the short and long run responses of income inequality to the positive oil and gas rents per capita shocks in Iran from 1973 to 2012. Using vector autoregression (VAR)-based impulse response functions, we find a positive and statistically significant response of income inequality to oil...
Persistent link: https://www.econbiz.de/10011707363