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Oil Extraction and Price Dynamics

Illig, Aude and Schindler, Ian (2017) Oil Extraction and Price Dynamics. Biophysical Economics and Resource Quality, 2 (1).

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Official URL: http://tse-fr.eu/pub/31515

Abstract

We use the dynamic production function identities and an empirical model of oil prices based only on oil extraction data to analyze the dynamics of oil prices as we transition into the contraction phase of oil extraction. We explore the implications with respect to several common scenarios.

Item Type: Article
Language: English
Date: March 2017
Refereed: Yes
Uncontrolled Keywords: Oil extraction rates· Economic growth· Oil price dynamics
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Site: UT1
Date Deposited: 12 Apr 2018 14:48
Last Modified: 24 Jan 2019 00:15
OAI ID: oai:tse-fr.eu:31515
URI: http://publications.ut-capitole.fr/id/eprint/25620

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