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What motivates membership in non-renewable resource cartels? : The case of OPEC

Mason, Charles F.; Polasky, Alan Stephen - In: Resource and energy economics 27 (2005) 4, pp. 321-342

Persistent link: https://www.econbiz.de/10003210155

What Motivates Membership in Non-Renewable Resource Cartels? The Case of Opec

Mason, Charles F.; Polasky, Stephen - 2015

In this paper, we analyze the question of membership in a non-renewable resource cartel, with specific application to … OPEC. One would expect the benefits of cartel membership to be positively related to the size of remaining reserves, while … domestic petroleum consumption should be negatively related to membership if countries care about consumer interests. Our …

Persistent link: https://www.econbiz.de/10014055688

Battle for climate and scarcity rents : beyond the linear-quadratic case

Kagan, Mark; Ploeg, Frederick van der; Withagen, Cees - 2015

Persistent link: https://www.econbiz.de/10011288632

Battle for climate and scarcity rents : beyond the linear-quadratic case

Kagan, Mark; Ploeg, Frederick van der; Withagen, Cees - 2014

The nature of oil demand influences the oil extraction rate and hence has implications for both the timing of oil exhaustion and optimal climate policy. We analyse what role oil demand specification plays in strategic interactions b between an oil-importing country producing final goods and...

Persistent link: https://www.econbiz.de/10010424787

Prediction and inference in the Hubbert-Deffeyes peak oil model

Boyce, John R. - In: The energy journal 34 (2013) 2, pp. 91-144

Persistent link: https://www.econbiz.de/10009751646

How do unanticipated discoveries of oil fields affect the oil price?

Leinert, Lisa - 2010

The Hotelling rule argues that the price for a nonrenewable resource adjusts to the shadow value of the resource, reflecting the remaining availability of the resource. We empirically test the Hotelling rule on the effect of unanticipated oil field discoveries. We do not find evidence for a...