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Depletion policies for oil-exporting developing economies

Abstract:

The fact that most oil-exporting countries are developing economies has important implications for oil supply which have not been properly taken into account in the literature on exhaustible resource depletion. In this paper we examine how depletion policies are affected (a) in the presence of terms of trade uncertainty, given the high degree of the major oil exporters' "dependence" on crude oil revenues; (b) in the presence of investment time lags which delay the exploitation of (some of) th...

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Publication status:
Published
Peer review status:
Reviewed (other)

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Institution:
University of Oxford
Research group:
Oxford Institute for Energy Studies
Role:
Author
Publisher:
Oxford Institute for Energy Studies Publisher's website
Series:
OIES paper
Publication date:
1984-01-01
Paper number:
M2
ISBN:
0948061014
Language:
English
Keywords:
UUID:
uuid:76d42a4e-20c1-4538-8b99-41934faabd04
Local pid:
ora:10200
Deposit date:
2015-02-26

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