Showing 1 - 10 of 150
A real choice exists today on a number of discoveries between platform-based or subsea development solutions. Statistics from the Norwegian continental shelf (NCS) show that fields developed with fixed platforms have a substantially higher recovery factor. The potential for a later commitment to...
Persistent link: https://www.econbiz.de/10009305183
The decline in oil prices, combined with high costs which are slow to deflate, has brought forward the date when some fields on the Norwegian continental shelf (NCS) will cease production. Measures are therefore urgently required to extend the producing life of these fields and to improve their...
Persistent link: https://www.econbiz.de/10009305187
Drilling expenses has increased sharply in recent years. The productivity of drilling operations - in terms of meters drilled per day - significantly influences exploration costs. This study analyzes the effect of different types of learning on offshore drilling productivity. The econometric...
Persistent link: https://www.econbiz.de/10009305188
What would be the effect of CO2 pricing on global oil supply and demand? This paper introduces a model describing the interaction between conventional and non-conventional oil supply in a Hotelling framework and under CO2 constraints. The model assumes that non-conventional crude oil enters the...
Persistent link: https://www.econbiz.de/10009354095
We give an explicit PDE characterization for the solution of a robust utility maximization problem in an incomplete market model, whose volatility, interest rate process, and long-term trend are driven by an external stochastic factor process. The robust utility functional is defined in terms of...
Persistent link: https://www.econbiz.de/10005861693
private R&D investment caused by incompleteappropriability of knowledge and financial constraints due capital … marketimperfections. Drawing on the theory of investment under uncertainty, this paperargues that public R&D subsidies increase business R …&D investment through anadditional mechanism - mitigating the effects of market uncertainty on R&Dinvestment in markets for new …
Persistent link: https://www.econbiz.de/10005862626
Do the short and medium term adjustment costs associated with trade liberalization influenceschooling and child labor decisions? We examine this question in the context of India's 1991tariff reforms. Overall, in the 1990s, rural India experienced a dramatic increase in schoolingand decline in...
Persistent link: https://www.econbiz.de/10005863252
Bereits 1970 betrug der Anteil des Leasings an den Investitionsfinanzie-rungen drei Prozent, heute sind es bereits 17 Prozent mit zunehmender Tendenz. Der größte Anteil entfällt auf Mobilien mit ca. 90 Prozent. Bei einer Umfrage zur künftigen Bedeutung von alternativen...
Persistent link: https://www.econbiz.de/10005863858
This study explores individual and country-level environmental drivers of informal “seed” investment. We examine four …,960 informal investors, we report drivers for the four types of seed investment. Descriptive statistics are consistent with prior …
Persistent link: https://www.econbiz.de/10005864583
The paper analyses the impact of venture capital finance on growth and innovation activities of young German firms. Among other variables, our panel of firm data includes data on venture capital funding and patent applications. With statistical matching procedures we draw an adequate control...
Persistent link: https://www.econbiz.de/10005864995