We examine the impact of oil-price shocks, macroeconomic factors and pipeline bottlenecks on the evolution of wages in Alberta's oil and gas sector. The aim is to understand how wage-movements are affected by economic cycles in Alberta – an oil-exporting region – to provide policy...

OPEC+ has set a goal of establishing a stable oil market and achieving a reasonable oil price that benefits all industry stakeholders and the global citizenry. But what price is reasonable? We examine the effect of the oil-price threshold on external balances with the aim of evaluating a...

Does OPEC still matter? How do OPEC and non-OPEC oil production, global oil demand, and the role of oil as a financial asset influence oil prices? What is the mechanism through which China affects oil prices? These questions reveal the need for a better understanding of oil market dynamics. Our...

The current 13th Five-Year Plan endorses the use of natural gas to achieve a cleaner energy mix. The objective of this research is to examine household natural gas demand and provide insights to natural gas exporters. Research on natural gas demand and cycles in China is valuable, because small...

In this paper, I examine the impact of oil price shocks, government expenditure, and Chinese investments in the energy sector on Alberta's economy. The aim is to understand how government expenditures transmit oil-price changes to the economy, thereby exacerbating economic cycles in Alberta, an...

For a large global economy with normal goods, and an unequal world income distribution, we consider the endogenous formation and stability of an international environmental agreement (IEA) under nationally determined contributions (NDCs). Nations share green R&D efforts and enjoy R&D spillovers...

For a large global economy, containing at least 195 nations, with normal goods, and an unequal world income distribution, we consider the endogenous formation and stability of an international environmental agreement (IEA) under nationally determined contributions (NDCs). Nations share green R&D...

This paper examines the problem of costly exclusion of individuals from a public good. Previous analyses of exclusion have treated it as solely a question of technologies; in our analysis exclusion depends on technology and incentives. In this paper providers of the good design a mechanism to...

The Paris Agreement builds on Intended Nationally Determined Contributions (INDCs) submitted by most participating nations. The INDCs vary across nations, since national circumstances differ, including national incomes and damages. The INDCs follow a bottom-up approach, whereby nations submit...

This study compares energy and emission taxes used to control pollution and provide incentives for the adoption of an advanced abatement technology in a Cournot oligopoly. We examine multistage games where the government may intervene in order to maximize social welfare by setting an...