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Guy F. Caruso and Xavier Chen, “Experiences of Electricity-Sector Restructuring in Asia.” The objective of this paper is to present some of the fi...
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Guy F. Caruso and Xavier Chen, “Experiences of Electricity-Sector Restructuring in Asia.” The objective of this paper is to present some of the findings of the Asia Electricity Study by the International Energy Agency (IEA). The paper summarizes recent developments of electricity-sector restructuring in a number of Asian nations, focusing on Indonesia, the Philippines, & Thailand.
Jeffrey B. Nugent and Constantine Glezakos, “Determinants of Fiscal Adjustments to Falling Oil Prices: Evidence from the Middle East.” This study investigates the extent to which both oil- and non-oil-exporting countries of the Middle East and North Africa have managed to adjust to the fiscal deficits and falling oil revenues experienced since the early 1980s and compares their performance with that of certain oil-exporting nations from outside the region that have been unusually successful or unsuccessful in managing their fiscal affairs.
William D. Watson, Christopher Wnuk, and Karen Bryant, “The Potential for India in the World Coal Export Market.” Data and analysis presented in this paper indicate that the Raniganj and Jharia coalfields in east-central India may have significant coal resources with ash yields, calorific values, and sulfur contents comparable to the coals currently being exported into the Asian coal market (principally from Australia and South Africa). At a cost esti¬mated at $30 to $40 per metric ton delivered to Japan, beneficiated Indian steam coal would be competitive on the international coal export market as prices from current suppliers presently exceed $40 per metric ton.
Yousef Al-Ebraheem, and Bassim Shebeb, “Accounting for Growth of Total Factor Productivity as Output with Exhaustible Resource Rent: The Kuwaiti Oil Industry.” In this paper, the authors attempted to answer the critical question of how the stock deple¬tion of an exhaustible resource could affect the growth of an exhaustible resource-extracting industry in an open economy — the Kuwaiti oil industry — by taking into account the exhaustible resource rent in growth accounting.
Yong U. Glasure and Aie-Rie Lee, “The Macroeconomic Effects of Relative Prices, Money, and Federal Spending on the Relationship Between U.S. Energy Consumption and Employment.” This paper analyzes the strength of the relationships between U.S. energy consumption and employment components while controlling for relative prices, federal spending, and money supply. Hisham Bardesi, Stephen Davies, and Terutomo Ozawa, “Inward Foreign Direct Investment, Industrial Development, and Trade: The Case of the Saudi Petrochemical Industry.” Multinational corporations (MNCs) are increasingly recognized as agents of industrial development and activators of comparative advantages in developing host countries. The remarkable growth of Saudi Arabia’s petrochemical industry illustrates this form of MNC-assisted industrial growth and trade expansion. The activities of the Saudi Basic Industries Corporation (SABIC) are examined, along with the effects of foreign direct investment on imports and exports of Saudi Arabia. Noel D. Uri and Roy Boyd, “The Aggregate Effects of Reducing the Motor Fuels Excise Tax in the United States.” This paper assesses the effects of the proposed reduction in the excise tax on gasoline and diesel fuel on the U.S. economy. Timothy J. Stanton, “Variable Costs of Electricity Generation: Effects of New-Source Bias,” This article extends the existing literature by estimating the operating costs of coal-fired electric-generating units after the capital has been installed. As such, it presents a focused, short-run cost analysis of generating electricity with coal. Wade E. Martin and Holly A. Bender, “A Survey of Selected Works in Environmental Economics: Part I.” The objective of this article is to review publications related to environmental economics.
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