The Growth of Firms, Middle East Oil and Other Essays PDF Download
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Author: Edith Penrose
Publisher: Routledge
ISBN: 0429616481
Category : Business & Economics
Languages : en
Pages : 336
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Book Description
Published in 1971: At first glance it might seem that the three subjects dealt with in the essays written over the last twenty years and now collected in this volume could hardly be more diverse, beginning with the growth of the firm and moving from the international petroleum industry to the Middle East generally. Oddly enough, however, these subjects are connected by the same type of historical logic that characterizes the diversification of an industrial firm: the logic in the simple principle that one thing leads to another.
Author: Edith Penrose
Publisher: Routledge
ISBN: 0429616481
Category : Business & Economics
Languages : en
Pages : 336
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Book Description
Published in 1971: At first glance it might seem that the three subjects dealt with in the essays written over the last twenty years and now collected in this volume could hardly be more diverse, beginning with the growth of the firm and moving from the international petroleum industry to the Middle East generally. Oddly enough, however, these subjects are connected by the same type of historical logic that characterizes the diversification of an industrial firm: the logic in the simple principle that one thing leads to another.
Author: Lauri S. Friedman
Publisher: Greenhaven Publishing
ISBN: 9780737740387
Category : Juvenile Nonfiction
Languages : en
Pages : 132
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Book Description
Presents opposing viewpoints on the future of oil as the world's chief source of energy, and includes guidelines to writing an effective essay on the topic.
Author: Marc Seiden Robinson
Publisher:
ISBN:
Category : Gas industry
Languages : en
Pages : 109
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Book Description
Author: Kenneth Lacovara
Publisher: Simon and Schuster
ISBN: 1501120107
Category : Nature
Languages : en
Pages : 192
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Book Description
What can long-dead dinosaurs teach us about our future? Plenty, according to paleontologist Kenneth Lacovara, who has discovered some of the largest creatures to ever walk the Earth. By tapping into the ubiquitous wonder that dinosaurs inspire, Lacovara weaves together the stories of our geological awakening, of humanity’s epic struggle to understand the nature of deep time, the meaning of fossils, and our own place on the vast and bountiful tree of life. Go on a journey––back to when dinosaurs ruled the Earth––to discover how dinosaurs achieved feats unparalleled by any other group of animals. Learn the secrets of how paleontologists find fossils, and explore quirky, but profound questions, such as: Is a penguin a dinosaur? And, how are the tiny arms of T. rex the key to its power and ferocity? In this revealing book, Lacovara offers the latest ideas about the shocking and calamitous death of the dinosaurs and ties their vulnerabilities to our own. Why Dinosaurs Matter is compelling and engaging—a great reminder that our place on this planet is both precarious and potentially fleeting. “As we move into an uncertain environmental future, it has never been more important to understand the past.”
Author: James W. McKie
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 330
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Book Description
Essays on Canadian and U.S. energy policies and demands.
Author: 李碧娟
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Matthew Riddle
Publisher:
ISBN:
Category : Economic forecasting
Languages : en
Pages : 208
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Book Description
This dissertation is composed of three essays. In the first essay, I construct a supply and demand model for crude oil markets. I then fit the model to historical price and quantity data to be able to project future oil prices. Ex-post forecasts using this model predict historical price trends more accurately than most oil forecasting models. The second essay incorporates the supply and demand model from the previous paper into a complex systems model that also includes oil futures markets. Adaptive-agent investors in futures markets choose from a set of rules for predicting future prices that includes the rational expectations equilibrium rule, as well as rules that rely on more short-term information. The set of available rules evolves following a genetic algorithm; agents choose which rules to follow based on their past performance. While outcomes vary depending on the specific assumptions made, under a plausible set of assumptions investors can fail to anticipate shortages properly, leading to significant price spikes that would not occur in the rational expectations equilibrium. The last essay addresses the impacts of carbon cap-and-trade policies on consumers. I calculate how higher carbon prices would affect the prices of different consumer goods, how consumers would respond to the price changes, and how the price changes, along with revenue recycling, would impact consumers of different income levels.
Author: Christopher Scott Rowland
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
When oil prices rise, politicians often call for improvements in energy efficiency or policies that they hope will make the U.S. more "energy independent." The argument is that if we consume less oil, domestic supplies will constitute a larger portion of U.S. quantity demanded, mitigating our dependence on potentially unreliable foreign oil sources, thereby lessening U.S. exposure to volatile supply/price fluctuations. Three interrelated issues are addressed in this dissertation. First, the drivers and substitution patterns in U.S. oil demand are explored using structural demand system analysis for energy in the U.S. Second, world oil supply is estimated using the cost structure of world oil reservoirs, which principally depend on reservoir characteristics. Models of both supply and demand yield insight into the feasibility and unintended outcomes of policies or technological advances that reduce oil demand. Finally, the U.S. autarky equilibrium price at the intersection of the U.S. supply and demand curves is considered. Inferences on the economic feasibility for the U.S. to strive towards self-sufficiency in oil are examined including the vulnerability premium associated with national security concerns. The demand model demonstrates that U.S. oil demand is explained as a system of demands for energy, where individuals are committed in the short run to minimum quantities of consumption. In the context of pre-commitments, oil is found to have a higher own-price elasticity (more elastic) at average than is commonly found in the literature. Oil is further demonstrated to be a compliment for natural gas and electricity, and a substitute for coal. Oil production costs and quantities are heavily dependent upon reservoir geology, which has a fixed dispersion around the world. Using this premise, a supply curve composed of world oil reservoirs is generated. Scenario analysis on different world oil demand reductions suggests there are unintended costs of reducing oil demand. Oil producing countries will experience smaller gross domestic products from diminished oil production. Smaller gross domestic products may affect the countries' political stability. The world oil supply curve and cross price elasticities from the demand model are considered together under the most likely scenario of a fall in world oil demand stemming from a 2.5% decrease in U.S. oil demand. These results are used to consider unintended consequences of changes in U.S. oil demand in attempts to achieve or pursue "energy independence." These results include the impact on coal, natural gas, and electricity demand; the required change in gasoline demand that could precipitate a 2.5% change in oil demand; the change in U.S. GDP; the change in U.S. "energy independence" and; the change in political stability of oil producing nations. U.S. supply and demand curves for oil will not intersect in the short run with current technology. The implication is that the vulnerability premium for oil would need to be infinite to justify U.S. self-sufficiency in oil. The U.S., therefore, should not strive towards energy independence in oil. The electronic version of this dissertation is accessible from http://hdl.handle.net/1969.1/151712
Author: Sheena Wilson
Publisher: McGill-Queen's Press - MQUP
ISBN: 0773550399
Category : Social Science
Languages : en
Pages : 532
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Book Description
Contemporary life is founded on oil – a cheap, accessible, and rich source of energy that has shaped cities and manufacturing economies at the same time that it has increased mobility, global trade, and environmental devastation. Despite oil’s essential role, full recognition of its social and cultural significance has only become a prominent feature of everyday debate and discussion in the early twenty-first century. Presenting a multifaceted analysis of the cultural, social, and political claims and assumptions that guide how we think and talk about oil, Petrocultures maps the complex and often contradictory ways in which oil has influenced the public’s imagination around the world. This collection of essays shows that oil’s vast network of social and historical narratives and the processes that enable its extraction are what characterize its importance, and that its circulation through this immense web of relations forms worldwide experiences and expectations. Contributors’ essays investigate the discourses surrounding oil in contemporary culture while advancing and configuring new ways to discuss the cultural ecosystem that it has created. A window into the social role of oil, Petrocultures also contemplates what it would mean if human life were no longer deeply shaped by the consumption of fossil fuels.
Author: Gad G. Gilbar
Publisher: Psychology Press
ISBN: 9780714647340
Category : Business & Economics
Languages : en
Pages : 152
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Book Description
The sudden, huge price hikes in Middle Eastern oil in late 1973 yielded, almost overnight, an enormous flow of resources to states and societies that could not have anticipated such instant affluence. With this came unprecedented political power because of the control the oil states were able to maintain over oil production and prices until the second half of 1982. Thus, though covering barely nine years, the period may appropriately be dubbed the "Oil Decade". In this study of fundamental aspects of the oil decade, Gad G. Gilbar first examines the influence the production, export and revenues of oil exerted on domestic, regional and international relations. This is followed by an in-depth analysis of the expansion of higher education, no doubt the single most significant social change the oil decade engendered. Throughout the Arab world many new universities began opening their doors to an ever-increasing number of students, especially in the sciences and civil engineering. Significant also was the proportion of women students enrolling. Finally, the author traces how, as of the early 1970s, the official Arab boycott on goods manufactured in Israel was increasingly being circumvented, and a wide range of agricultural and industrial products were beginning to find their way to customers in Arab states.
