Chi, K.C.; Reiner, D.M.; Nuttall, W.J. - Faculty of Economics, University of Cambridge - 2009
exploration, production and consumption. Technological improvements mean lower cost of exploration and production which pressure … alone cannot substantially postpone the discovery, production and consumption peak. We also found that the dynamics of the … main variables, namely, exploration, production and consumption, are sensitive to initial demand conditions. Postponing the …