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different oil price assumptions. Forecast, analysis and simulations are performed using the Kuwait SCPD macro model. For the … Kuwait economy, the author has explored three scenarios corresponding to a low, medium and high oil price assumptions. The … horizon 2030. Unsurprisingly, the results show that such an oil price drop has direct effects in Kuwait, since Kuwait’s export …
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This paper compares technologies across space and time on the basis of factual and counterfactual substitution elasticities and argues that differences in estimated substitution elasticities should be decomposed into two counterfactual components. While the first component is designed to...
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This paper compares technologies across space and time on the basis of factual and counterfactual substitution elasticities and argues that differences in estimated substitution elasticities should be decomposed into two counterfactual components. While the first component is designed to...
Persistent link: https://www.econbiz.de/10014088505
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