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Paul Stevens, “Energy Privatization: Sensitivities and Realities.” This paper evaluates whether privatization in the energy sector actually result...
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Paul Stevens, “Energy Privatization: Sensitivities and Realities.” This paper evaluates whether privatization in the energy sector actually results in more efficiently run companies.
Haijiang Henry Wang, “Oil Quality and Its Environmental Impact in China.” Environmental concerns in China are playing an increasingly important role in influencing the energy market; however, they have not been the most crucial determinant of oil supply and demand trends. As the use of more sour quality crude oil increases, environmental regulations and taxes on oil are expected to play a role. Nonetheless, it is not clear whether China is willing to invest in the upgrading of refinery capacities to meet its environmental requirements.
Corinne Chaton, “Fuel Price and Demand Uncertainties and Investment in an Electricity Model: A Two-Period Model.” This paper studies optimal investment in different types of electric plants. Neither future fuel prices nor future demand are known. Furthermore, this paper takes into account explicitly the problems of management of the peak load and of the decrease of efficiency of plants used for long periods. A two-period model is used, in which investment is chosen in the first period.
A. F. Alhajji, “Why Do Some OPEC Members Cheat? The Case of the United Arab Emirates.” This study investigates, through statistical tests, the motives for the United Arab Emirates (U.A.E.) to exceed its production quota as a member of the Organization of the Petroleum Exporting Countries (OPEC).
Ram M. Shrestha and Binod K. Karmacharya, “Testing of Barriers to the Adoption of Energy-Efficient Lamps in Nepal.” This paper tests the statistical validity of various hypotheses on consumer-level barriers to the adoption of selected energy-efficient lamps in the case of Nepal, a developing country. The empirical results show that the adoption of energy-efficient lamps are affected by the lack of adequate information and the lack of cognitive skills as well as risk and uncertainty associated with the use of the technologies.
Gawdat G. Bahgat, “Oil in the Gulf: Prospects for the Twenty-First Century.” The forces of supply and demand, including the 1997-1998 Asian crisis, the decision by the Organization of the Petroleum Exporting Countries in late 1997 to increase production, and the impact of North Sea and Caspian Basin output will be examined. The article asserts the growing world dependence on supplies from the Arabian/Persian Gulf. In order to fully utilize these resources, substantial obstacles need to be overcome.
Yousuf Hasan Jawad Mohammad, “Demand for Oil in the Organization for Economic Cooperation and Devel¬opment Revisited.” The unprecedented collapse in oil prices to the level of $15 to $20 per barrel during the late 1980s, raised the question of whether these price declines could reverse the oil demand reductions brought about by the price increases of the 1970s and help reestablish the prominence of oil in the energy markets of the Organization for Economic Cooperation and Development (OECD). According to standard energy and oil demand models developed and empirically estimated during the late 1970s and early 1980s, demand was expected to rebound strongly in response to prices. This paper investigates the existence of an asymmetric relationship between changes in oil prices and changes in the level of economic activity.
Boyko Nitzov and Magauia Cherdabayev, “Infrastructure, Growth, and Income: Eastern-Western European Regional Comparisons.” How productive is public capital? This paper seeks to assess the relationship between infrastructure capital and output, incomes, and growth by applying a cross-regional, intertemporal West-East European approach.
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