Author : Joseph P. Kalt
Publisher : Cambridge, Mass. : MIT Press
Page : 360 pages
File Size : 44,9 Mb
Release : 1981
Category : Business & Economics
ISBN : STANFORD:36105037701773
The Economics And Politics Of Oil Price Regulation
The Economics And Politics Of Oil Price Regulation Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of The Economics And Politics Of Oil Price Regulation book. This book definitely worth reading, it is an incredibly well-written.
The Economics and Politics of the United States Oil Industry, 1920-1990
Author : Steve Isser
Publisher : Routledge
Page : 539 pages
File Size : 40,9 Mb
Release : 2016-03-02
Category : Business & Economics
ISBN : 9781317224495
The Economics and Politics of the United States Oil Industry, 1920-1990 by Steve Isser Pdf
This book, originally published in 1996, traces the development of US government policy toward the oil industry during the 1920s and 1930s when the domestic syustem of production control was established. It then charts the deveopment and collapse of oil import controls, and the wild scramble for economic rents generated by Government regulation. It discusses the two oil crises and the ‘phantom’ Gulf War crisis, and the importance of public opinion in shaping the policy agenda. It also provides an in-depth study of Congressional oil votes from the 1950s to the 1980s and the formation of oil policy, beginning with theories of economic regulation, the role of interest groups in developing the policy agenda and the role of money in politics.
Politics, Prices, and Petroleum
Author : David Glasner
Publisher : Unknown
Page : 360 pages
File Size : 47,8 Mb
Release : 1985
Category : Business & Economics
ISBN : UOM:39015010415787
Politics, Prices, and Petroleum by David Glasner Pdf
The Politics of Oil
Author : Dag Harald Claes
Publisher : Edward Elgar Publishing
Page : 296 pages
File Size : 53,6 Mb
Release : 2018-11-30
Category : BUSINESS & ECONOMICS
ISBN : 9781785360183
The Politics of Oil by Dag Harald Claes Pdf
The Politics of Oil brings together legal studies, economics, and political science to illustrate how governments gain and exercise control over oil resources and how political actors influence the global oil market, both individually and in cooperation with each other. The author also investigates the role of oil in preserving regime stability, in civil wars and in inter-state conflicts, as well as discussing the possible implications for the oil industry from policies to combat climate change.
The United States and the Control of World Oil
Author : Edward H. Shaffer
Publisher : Routledge
Page : 260 pages
File Size : 40,6 Mb
Release : 2016-03-02
Category : Business & Economics
ISBN : 9781317243144
The United States and the Control of World Oil by Edward H. Shaffer Pdf
This volume, originally published in 1983, analyses the extent to which American dominance in world affairs is based on the control of oil resources and the changes which will inevitably take place with the end of the oil era. The author concludes that the USA will be forced to take part in a struggle to control both the new sources of energy and the new technology which must be developed to make use of them.
Economic Relation of Energy
Author : Carsten Dümichen
Publisher : GRIN Verlag
Page : 9 pages
File Size : 43,8 Mb
Release : 2012-10-31
Category : Business & Economics
ISBN : 9783656299950
Economic Relation of Energy by Carsten Dümichen Pdf
Essay from the year 2011 in the subject Economics - Micro-economics, grade: 2,0, University of Erfurt, language: English, abstract: The general market regulation involves direct government intervention in economic processes to achieve political goals or to correct market failures. Regulation can be implemented through guidelines, recommendations and laws. But a government-controlled influence of the price or quantity can affect the market equilibrium to which the government policies should not be aimed at. Hence it is of utmost importance that regulation in terms of subsidies, customs, price ceilings or lower price limits are used as careful as possible without neglecting the natural market forces primarily described by Adam Smith in his book "An Inquiry into the Nature and Causes of the Wealth of Nations" (1776). Since people are trading they are always looking for ways to make good profit out of their goods and services. To protect their countries domestic production, governments put tolls on foreign products to reduce the imports of the latter and to support domestic products. But this import tax has a rather contradictory effect: For one the government anticipates a strong domestic production with everyone buying this product rather than a substitutable foreign product. Domestic production increases indeed, but an import tax raise the price of the domestic product and lowers the price of the foreign product. This means, an import toll is good for domestic producers (foreign consumers) but bad for domestic consumers (foreign producers). An import tax is one possibility to regulating the market. But this example raises the question of governmental goals, which need to be determined before a government enforces a regulation: Do we want to protect and promote consumers or producers?
Energy Economics and Policy
Author : James M. Griffin,Henry B. Steele
Publisher : Elsevier
Page : 415 pages
File Size : 49,9 Mb
Release : 2013-09-25
Category : Business & Economics
ISBN : 9781483257730
Energy Economics and Policy by James M. Griffin,Henry B. Steele Pdf
Energy Economics and Policy, Second Edition presents a unified analysis of energy economics and energy policy. This book deals with energy economics. It discusses the dimension of the energy problem—the role of energy in economic development, energy consumption patterns, energy supply, and oil prices. In dealing with equilibrium of energy demand and supply, the authors note that efficiency and equity considerations should be considered simultaneously using the income tax or welfare system to redress burdens imposed on the poor. The authors also analyze OPEC behavior and oil prices and notes six keys to the long-run viability of OPEC and their implications for future prices in oil. The authors present the environmental issues in energy development and the economics of pollution control. The authors cite the efficiency of low-cost emitters that receive incentives to control more compared to high-cost emitters. As regards conservation schemes, the authors note that prorationing polices seek to remedy symptoms of over drilling, excessive production, and flaring of natural gas—instead of addressing unified and efficient contracting systems. This book can prove beneficial to economists, environmentalists, and policy makers involved in oil and energy regulation and use.
Oil Prices and the Future of OPEC
Author : Theodore H. Moran
Publisher : Unknown
Page : 122 pages
File Size : 42,5 Mb
Release : 1978
Category : Business & Economics
ISBN : UOM:39015008461801
Oil Prices and the Future of OPEC by Theodore H. Moran Pdf
Routledge Library Editions: The Economics and Politics of Oil
Author : Various Authors
Publisher : Routledge
Page : 2879 pages
File Size : 43,7 Mb
Release : 2021-07-14
Category : Business & Economics
ISBN : 9781317222675
Routledge Library Editions: The Economics and Politics of Oil by Various Authors Pdf
The books in this set, originally published between 1927 and 1996 discuss the oil industry and its impact on the world economy in the twentieth century. The issues of trade, tax and energy policies as well as national security are all relevant to the economics politics of oil and the volumes analyse and discuss: The extent to which American dominance in world affairs is based on the control of oil resources and the changes which will inevitably take place with the end of the oil era. Discernible trends in such crucial areas as global petroleum supply and pricing, and the international economic and political implications of both. The role of wealth maximisation, and wealth satisficing The impact of North Sea oil and gas on the British economy. Relations between oil exporters and importers, and between the USA, Europe and the Arab world The most important strategic issues facing both the producers and consumers of oil and gas.
Oil and the political economy in the Middle East
Author : Martin Beck,Thomas Richter
Publisher : Manchester University Press
Page : 204 pages
File Size : 50,7 Mb
Release : 2021-08-17
Category : Political Science
ISBN : 9781526149084
Oil and the political economy in the Middle East by Martin Beck,Thomas Richter Pdf
The downhill slide in the global price of crude oil, which started mid-2014, had major repercussions across the Middle East for net oil exporters, as well as importers closely connected to the oil-producing countries from the Gulf. Following the Arab uprisings of 2010 and 2011, the oil price decline represented a second major shock for the region in the early twenty-first century – one that has continued to impose constraints, but also provided opportunities. Offering the first comprehensive analysis of the Middle Eastern political economy in response to the 2014 oil price decline, this book connects oil market dynamics with an understanding of socio-political changes. Inspired by rentierism, the contributors present original studies on Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The studies reveal a large diversity of country-specific policy adjustment strategies: from the migrant workers in the Arab Gulf, who lost out in the post-2014 period but were incapable of repelling burdensome adjustment policies, to Egypt, Jordan, and Lebanon, who have never been able to fulfil the expectation that they could benefit from the 2014 oil price decline. With timely contributions on the COVID-19-induced oil price crash in 2020, this collection signifies that rentierism still prevails with regard to both empirical dynamics in the Middle East and academic discussions on its political economy.
The Theory of Competitive Price
Author : George Joseph Stigler
Publisher : Unknown
Page : 216 pages
File Size : 51,8 Mb
Release : 1946
Category : Competition
ISBN : UOM:39015019384026
The Theory of Competitive Price by George Joseph Stigler Pdf
Global Implications of Lower Oil Prices
Author : Mr. Aasim M. Husain,Mr. Rabah Arezki,Mr. Peter Breuer,Mr. Vikram Haksar,Mr. Thomas Helbling,Paulo A. Medas,Martin Sommer
Publisher : International Monetary Fund
Page : 41 pages
File Size : 55,7 Mb
Release : 2015-07-14
Category : Business & Economics
ISBN : 9781513572277
Global Implications of Lower Oil Prices by Mr. Aasim M. Husain,Mr. Rabah Arezki,Mr. Peter Breuer,Mr. Vikram Haksar,Mr. Thomas Helbling,Paulo A. Medas,Martin Sommer Pdf
The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the oil price drop, (ii) a substantial part of the price decline is expected to persist into the medium term, although there is large uncertainty, (iii) lower oil prices will support global growth, (iv) the sharp oil price drop could still trigger financial strains, and (v) policy responses should depend on the terms-of-trade impact, fiscal and external vulnerabilities, and domestic cyclical position.
On the Principles of Political Economy, and Taxation
Author : David Ricardo
Publisher : Unknown
Page : 566 pages
File Size : 46,6 Mb
Release : 1821
Category : Economics
ISBN : OXFORD:300151240
On the Principles of Political Economy, and Taxation by David Ricardo Pdf
The Distributional Implications of the Impact of Fuel Price Increases on Inflation
Author : Mr. Kangni R Kpodar,Boya Liu
Publisher : International Monetary Fund
Page : 34 pages
File Size : 40,6 Mb
Release : 2021-11-12
Category : Business & Economics
ISBN : 9781616356156
The Distributional Implications of the Impact of Fuel Price Increases on Inflation by Mr. Kangni R Kpodar,Boya Liu Pdf
This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Oil Prices and the Global Economy
Author : Mr.Rabah Arezki,Zoltan Jakab,Mr.Douglas Laxton,Mr.Akito Matsumoto,Armen Nurbekyan,Hou Wang,Jiaxiong Yao
Publisher : International Monetary Fund
Page : 30 pages
File Size : 46,8 Mb
Release : 2017-01-27
Category : Business & Economics
ISBN : 9781475572360
Oil Prices and the Global Economy by Mr.Rabah Arezki,Zoltan Jakab,Mr.Douglas Laxton,Mr.Akito Matsumoto,Armen Nurbekyan,Hou Wang,Jiaxiong Yao Pdf
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.