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Resource prices rise when more costly sources need to be exploited. When the world price increases, owners of low … unique properties. We report results for a set of scenarios for a three-region, four-sector, three-resource world economy …-cost endowments relative to world demand and on the differential costs of extraction relative to the highest-cost producer. The paper …
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develop a more robust microstructure for Institutional theory. In addition, I find that the costs of these resources give …
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This paper provides a brief overview of the political economy of Caspian oil. It begins by situating the Caspian region's oil sectors in the larger global market, before proceeding to examine the ways in which the Azerbaijani, Turkmen, and Kazakh oil sectors have been organised and governed...
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Fast jeder Aspekt des Lebens basiert auf Energieverbrauch, die Ölquellen der Welt jedoch trocknen aus: Die Hoffnungen … liegen auf Tiefsee-Feldern im Golf von Mexiko, Ölsanden in Kanada und anderen Projekten in aller Welt. Rubin geht der Frage … nach, wie eine Welt aussehen wird, in der Öl immer knapper und teurer wird. Der kanadische Ökonom zeigt drastisch, in …
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