OPEC trouble sinks the integrated programme
نویسندگان
چکیده
منابع مشابه
The political economy of OPEC
Building on the political economy literature, we develop a conceptual model and apply it to explain the OPEC pricing behavior. We model OPEC as a cartel-of-nations where politician use two instruments: production quotas and domestic fuel consumption subsidies. Our model explains the wedge between domestic fuel prices in OPEC countries and in the rest of the world. The empirical estimates show t...
متن کاملAn Empirical Dynamic Model of OPEC and Non-OPEC
This paper estimates a dynamic model of the world oil market and tests whether OPEC countries colluded and whether non-OPEC countries behaved oligopolistically over the period 1970-2004. The model generates estimates of the shadow price of the resource with minimal functional form assumptions. Results support oligopolistic behavior among non-OPEC producers and collusion among OPEC producers exc...
متن کاملDeterminants of OPEC production: Implications for OPEC behavior
We estimate models that identify the economic and organizational determinants of crude oil production by individual OPEC nations. To clarify the interpretation of econometric results, we model production with specifications that resolve the statistical ordering of variables and estimate models with techniques that can cope with stochastic trends in the time series. We also analyze the short-run...
متن کاملActive Heat Transfer Enhancement in Integrated Fan Heat Sinks
Modern computer processors require significant cooling to achieve their full performance. The “efficiency” of heat sinks is also becoming more important: cooling of electronics consumes 1% of worldwide electricity use by some estimates. Unfortunately, current cooling technologies often focus on improving heat transfer at the expense of efficiency. The present work focuses on a unique, compact, ...
متن کاملJoint non-OPEC carbon taxes and the transfer of OPEC monopoly rents
Carbon taxes have largely been discussed as individual country measures (even if taken simultaneously) aimed to reduce carbon emissions, slow global warning, and internalizing the externalities associated with carbon generating activities, such as power generation. There has however been little emphasis on the incentives for subgroups of countries to jointly peruse carbon taxes. Yet for large i...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Intereconomics
سال: 1977
ISSN: 0020-5346,1613-964X
DOI: 10.1007/bf02929162