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Designing a Fiscal Framework for a Prospective Commodity Producer : Options for Lebanon

Jarmuzek, Mariusz - 2014

Lebanon is expected to have gas resources in its Mediterranean basin, and these could turn the country into a natural gas producer over the next decade. Lebanon’s economy and institutions will thus need to adapt to the challenges and opportunities that such change will bring. In this paper, we...

Persistent link: https://www.econbiz.de/10014411686

Designing a fiscal framework for a prospective commodity producer : options for Lebanon

Jarmuzek, Mariusz; Puyo, Diego Mesa; Nakhle, Najla - 2014

Persistent link: https://www.econbiz.de/10010441928

Measuring Energy Security : Trends in the Diversification of Oil and Natural Gas Supplies

Loungani, Prakash - 2011

We present evidence on one facet of energy security in OECD economies - the extent of diversification in sources of oil and natural gas supplies. Viewed from the perspective of the energy-importing countries as a whole, there has not been much change in diversification in oil supplies over the...

Persistent link: https://www.econbiz.de/10014402730

Modeling the Impact of Taxes on Petroleum Exploration and Development

Smith, James L. - 2012

We present a simple model of petroleum exploration and development that can be applied to study the performance of alternative tax systems and identify potential distortions. Although the model is a highly simplified, it incorporates many factors and some of the key tradeoffs that would...

Persistent link: https://www.econbiz.de/10014395561

The Future of Oil : Geology Versus Technology

Chauvet, Marcelle - 2012

We discuss and reconcile two diametrically opposed views concerning the future of world oil production and prices. The … the fact that world oil production has plateaued since 2005 despite historically high prices, and that spare capacity has … model of the world oil market that encompasses both views. The model performs far better than existing empirical models in …

Persistent link: https://www.econbiz.de/10014396614

The future of oil : geology versus technology

Benes, Jaromir; Chauvet, Marcelle; Kamenik, Ondra; … - 2012

Persistent link: https://www.econbiz.de/10009615280

Modeling the impact of taxes on petroleum exploration and development

Smith, James L. - 2012

Persistent link: https://www.econbiz.de/10009678956

Catch-Up Growth, Habits, Oil Depletion, and Fiscal Policy : Lessons From the Republic of Congo

Carcillo, Stéphane - 2007

In a number of oil producing countries, oil revenue accounts for the majority of government revenue, but is expected to be depleted in a relatively short time frame. Ensuring that fiscal policy is on a sustainable path is thus a high priority, but political and social adjustment costs create...

Persistent link: https://www.econbiz.de/10014400577

Oil and Growth in the Republic of Congo

Ghura, Dhaneshwar - 2006

results also show that fiscal discipline is beneficial for growth. In addition, there are strong linkages between world oil …

Persistent link: https://www.econbiz.de/10014402248

The U.S. oil supply revolution and the global economy

Mohaddes, Kamiar; Raissi, Mehdi - 2015

This paper investigates the global macroeconomic consequences of falling oil prices due to the oil revolution in the United States, using a Global VAR model estimated for 38 countries/regions over the period 1979Q2 to 2011Q2. Set-identification of the U.S. oil supply shock is achieved through...

Persistent link: https://www.econbiz.de/10011445835