We investigate the relationship between oil windfalls and income inequality using subnational data of one resource-richest highly unequal countries in world – Russia. While previous literature produced contradictory findings due to use an aggregate measure rents mainly cross-national settings, we focus exclusively on that accrue governments across country. Our estimation strategy takes advantag...

In this study, considering the importance of incremental capital output ratio (ICOR) in agriculture Investment capital and self-sufficiency in this sector in order to grow and being influenced by the past and previous relationships strong agricultural sector productivity growth in other sectors of the economy, especially the effect of oil revenues, was trying to, long-term relationships as well...

gas emissions would be instituted and emission credits would be sold to, and then traded among, emitters. Part of the revenue from the sold credits would go to investments in renewable energy, though it's not clear what would happen to the rest. A so-called 'Gang of 15', comprising senators from states that depend on coal-fired power plants for energy, is especially opposed to Obama's system be...

Oil terminals are widely used to store various liquids and gases. The refinery scheduling problem is one of the most challenging problems in operational research due to the complexity of the refinery scheduling operations and the corresponding process models. In this paper, we present a model by which a decision maker should be able to choose the optimal number of tanks, tank size and truck arr...

In the winter of 1973, some major oil exporting countries joined together to declare an embargo on oil exports to some of the western countries for political reasons. Elated by their success and the realization that they controlled a major share of the oil exports, they subsequently raised the price of oil four-fold and cut back production, thereby obtaining, in the face of an almost inelastic ...