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economies. However, there has been a lack of empirical study of this kind on China and other developing countries. This paper … attempts to fill this gap by answering how and to what extent oil-price shocks impact China’s economy, emphasizing on the price …-price increase negatively affects output and investment, but positively affects inflation rate and interest rate. However, with the …
Persistent link: https://www.econbiz.de/10015216538
This paper proposes that the Rentier State and Resource Curse theories be considered as two elements of the same paradigm which, despite a growing body of contrary empirical evidence, retains a hegemonic influence in political economy discourse. It will be suggested that a number of reasons...
Persistent link: https://www.econbiz.de/10015244659
Access to energy, in this case to a basic electricity service, is considered a human right as established in most countries’ National Constitution. High electricity costs are frequently seen as an obstacle to get energy access in the case of most vul-nerable households. In Argentina, the size...
Persistent link: https://www.econbiz.de/10015269729
China is concerned about the security of its sea-lanes for imports and desires to diversify its oil supplies from the … Middle East in order to sustain economic growth. These concerns have sparked China’s interest in trying to ensure oil … supplies from as many sources as possible and in reducing its overwhelming reliance on seaborne imports of oil, which, in China …
Persistent link: https://www.econbiz.de/10015215313
The dynamic of energy prices influences the entire economic activity, both at macro and micro level. Unlike other economic goods price determination, based specially on offer-demand relationship, the energy price determination is strongly influenced by the taxation policy and political factor,...
Persistent link: https://www.econbiz.de/10015221291
The dynamic of energy prices influences the entire economic activity, both at macro and micro level. Unlike other economic goods price determination, based specially on offer-demand relationship, the energy price determination is strongly influenced by the taxation policy and political factor,...
Persistent link: https://www.econbiz.de/10015221520
This paper looks for the possible outcomes of the determinants of demand for electricity in Turkey. All variables are in per capita. Determinants are electricity production, price index of electricity and income, respectively. Electricity consumption is classified into residential and commercial...
Persistent link: https://www.econbiz.de/10015222430
This paper looks for the possible outcomes of the determinants of demand for electricity in Turkey. All variables are in per capita. Determinants are electricity production, price index of electricity and income, respectively. Electricity consumption is classified into residential and commercial...
Persistent link: https://www.econbiz.de/10015222671
This paper looks for the possible outcomes of the determinants of demand for electricity in Turkey. All variables are in per capita. Determinants are electricity production, price index of electricity and income, respectively. Electricity consumption is classified into residential and commercial...
Persistent link: https://www.econbiz.de/10015222688
The study investigates the long run relationship and causal relationship between energy consumption and economic growth in the Brics countries during the period 1990 – 2013. The Pedroni panel co-integration method is applied to analyse the co-integration relationship among the variables. The...
Persistent link: https://www.econbiz.de/10015258154