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gas stategy. Diversification of the oil and gas transportation is key issue for Azerbaijan’s energy security policy. In …The Republic of Azerbaijan is one of the oil and gas rich countires of the former Soviet Union. After the second stage … of the Shah Deniz gas field, natural gas exltation and exportation became one of the key issues in Azerbaijan’s oil and …
Persistent link: https://www.econbiz.de/10011260148
This paper discusses to what extent the recent trends in energy consumption and production are compatible with the … requirements of sustainable development. For this purpose, starting from a simple identity applied to the energy sector, we use the … decomposition analysis to derive a few analytical requirements for the long-term sustainability of the energy system and examine …
Persistent link: https://www.econbiz.de/10008765082
Natural resource dependence is believed to have potential impact on institutional development, and there is growing consensus in the academic literature that institutional weakness is central to the explanation of the negative effects of resource booms. Generally, the quality of institutional...
Persistent link: https://www.econbiz.de/10011112418
absence of increased energy development, allowing for estimation of the net regional economic effects of increased shale oil …The dramatic increase in oil and gas production from shale formations has led to intense interest in its impact on … area quality of life. Therefore, this paper examines the net economic impacts of oil and gas production from shale …
Persistent link: https://www.econbiz.de/10011114243
The short-term economic benefits of oil and gas production from shale for the U.S. economy have been widely discussed …, but the long-term effects remain unclear. These long-run impacts likely depend upon the degree to which such oil and gas … production can impact growth in capital per worker or technological progress throughout the economy. Oil or gas production from …
Persistent link: https://www.econbiz.de/10011112620
Predictions about the macroeconomic impacts of recent U.S. natural gas trends vary widely. I re-evaluate the possible effects on U.S. economic activity using a standard general equilibrium model. Within this framework I show that increases in natural gas supply result in small-to-moderate...
Persistent link: https://www.econbiz.de/10011112172
deposits of oil – a clear absolute advantage – would shine far beyond all others as beacons of democracy and freedom …. Unfortunately, nothing seems further from the truth. Studies undoubtedly show that oil dependence leads to a skewing of political …. How is it possible to be so rich, yet so poor? Is this phenomenon, known as the “oil curse,” or in social science parlance …
Persistent link: https://www.econbiz.de/10005623493
“Being rich in energy resources – a blessing or a curse” finds that an energy resource curse plagues many EU supplier … states. This in turn directly affects Europe’s energy supply security and threatens to engulf Europe in unwanted hostilities …’s external energy suppliers, active programs to limit that risk, the significance of economic diversification, the applicability …
Persistent link: https://www.econbiz.de/10005835694
the “Dutch Disease”, that is, if a boom in the oil and gas industry has led to a process of de-industrialization, directly …
Persistent link: https://www.econbiz.de/10011258544
of the oil-rich countries. It is absolutely vital that Kazakhstan evaluate its oil-income for going out from transition … Government constituted an oil fund in order to prevent its economy from volatility of oil-revenue and price-chocks in the oil … market. This paper aims to reveal the impacts of the Kazakh Oil Fund on monetary budgetary and macroeconomic stabilities of …
Persistent link: https://www.econbiz.de/10008854410