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Author:
Publisher:
ISBN:
Category : Oil industries
Languages : en
Pages : 60
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Author:
Publisher:
ISBN:
Category : Oil industries
Languages : en
Pages : 60
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Author: Mr.Rabah Arezki
Publisher: International Monetary Fund
ISBN: 1475572360
Category : Business & Economics
Languages : en
Pages : 30
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Book Description
This paper presents a simple macroeconomic model of the oil market. The model incorporates features of oil supply such as depletion, endogenous oil exploration and extraction, as well as features of oil demand such as the secular increase in demand from emerging-market economies, usage efficiency, and endogenous demand responses. The model provides, inter alia, a useful analytical framework to explore the effects of: a change in world GDP growth; a change in the efficiency of oil usage; and a change in the supply of oil. Notwithstanding that shale oil production today is more responsive to prices than conventional oil, our analysis suggests that an era of prolonged low oil prices is likely to be followed by a period where oil prices overshoot their long-term upward trend.
Author:
Publisher:
ISBN:
Category : Energy consumption
Languages : en
Pages : 74
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Author: Dermot Gately
Publisher: World Bank Publications
ISBN: 9780821338919
Category : Business & Economics
Languages : en
Pages : 108
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World Bank Discussion Paper No. 354. Promoting a high savings rate is high on the World Bank's agenda for promoting national income growth. This study surveys broad saving trends worldwide, summarizes current knowledge about savings and consumption, identifies main unresolved issues, and outlines the major policy questions to be researched. The paper include case studies from Sub-Saharan Africa, China, Colombia, India, Mexico, and Pakistan.
Author: Gómez Vilchez, Jonatan J.
Publisher: KIT Scientific Publishing
ISBN: 3731509148
Category : Business & Economics
Languages : en
Pages : 350
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Author:
Publisher:
ISBN:
Category : Power resources
Languages : en
Pages : 60
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Author: International Energy Agency
Publisher: OECD Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 176
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During 2004, oil prices reached levels unprecedented in recent years. Although world oil markets remain adequately supplied, high oil prices reflect increasingly uncertain conditions, and many countries are considering ways to improve capacity to handle market volatility and possible supply disruptions in the future. In light of these concerns, this publication sets out a new quantitative assessment of the potential oil savings and costs of rapid oil demand restraint measures for transport, useful for both large-scale disruptions, and for smaller, localised supply disruptions in individual countries. It examines potential approaches for rapid uptake of measures such as telecommuting, ecodriving, and car-pooling; as well as discussing methodologies for adapting policy measures to national circumstances.
Author: Mr.Paul Cashin
Publisher: International Monetary Fund
ISBN: 1475596073
Category : Business & Economics
Languages : en
Pages : 41
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We employ a set of sign restrictions on the generalized impulse responses of a Global VAR model, estimated for 38 countries/regions over the period 1979Q2–2011Q2, to discriminate between supply-driven and demand-driven oil-price shocks and to study the time profile of their macroeconomic effects for different countries. The results indicate that the economic consequences of a supply-driven oil-price shock are very different from those of an oil-demand shock driven by global economic activity, and vary for oil-importing countries compared to energy exporters. While oil importers typically face a long-lived fall in economic activity in response to a supply-driven surge in oil prices, the impact is positive for energy-exporting countries that possess large proven oil/gas reserves. However, in response to an oil-demand disturbance, almost all countries in our sample experience long-run inflationary pressures and a short-run increase in real output.
Author: Emily Meierding
Publisher: Cornell University Press
ISBN: 1501748955
Category : Technology & Engineering
Languages : en
Pages : 256
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Book Description
Do countries fight wars for oil? Given the resource's exceptional military and economic importance, most people assume that states will do anything to obtain it. Challenging this conventional wisdom, The Oil Wars Myth reveals that countries do not launch major conflicts to acquire petroleum resources. Emily Meierding argues that the costs of foreign invasion, territorial occupation, international retaliation, and damage to oil company relations deter even the most powerful countries from initiating "classic oil wars." Examining a century of interstate violence, she demonstrates that, at most, countries have engaged in mild sparring to advance their petroleum ambitions. The Oil Wars Myth elaborates on these findings by reassessing the presumed oil motives for many of the twentieth century's most prominent international conflicts: World War II, the two American Gulf wars, the Iran–Iraq War, the Falklands/Malvinas War, and the Chaco War. These case studies show that countries have consistently refrained from fighting for oil. Meierding also explains why oil war assumptions are so common, despite the lack of supporting evidence. Since classic oil wars exist at the intersection of need and greed—two popular explanations for resource grabs—they are unusually easy to believe in. The Oil Wars Myth will engage and inform anyone interested in oil, war, and the narratives that connect them.
Author:
Publisher:
ISBN:
Category : Energy consumption
Languages : en
Pages : 584
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