Results 221 to 230 of about 1,876 (253)
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On capturing foreign oil rents
Resource and Energy Economics, 2014Abstract A common assumption in the literature on tariff and exhaustible resources is that no stocks of the resource are available within the importing country's borders and therefore the importing country is not itself a producer. Reality is in fact quite different: there are many instances of countries that are simultaneously importers and ...
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Some controversies in the development of rent theory: the nature of oil rent
Capital & Class, 1989Bina's article is both a contribution to the theory of rent and an attempt to explain the ‘oil crisis' of the 1970s. Addressing classical and modern debates, the author argues that bourgeois economics fails to theorise the specificity of rent in capitalist societies and its relation to production and the structure of property relations.
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Finance, oil rent and premature deindustrialisation in Nigeria
Structural Change and Economic Dynamics, 2021Abstract The literature on deindustrialisation often neglects the role of finance in the decline in manufacturing, despite the increasing shift towards financial speculation relative to real investments. This paper tries to bridge this gap in the literature by examining the role of finance in Nigeria's premature deindustrialisation, particularly ...
Richard E. Itaman, Oluwafemi E. Awopegba
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SCARCITY AND RICARDIAN RENTS FOR CRUDE OIL*
Economic Inquiry, 1985This paper estimates scarcity rent/user cost and Ricardian rent for crude oil in Oklahoma. A model of firm behavior is proposed incorporating both development and production decisions considering crude oil as a nonrenewable natural resource. Profit maximization conditions derived from the model are applied to take into account cost differentials ...
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World of Modern Petroleum and the Oil Rent
2013In this chapter, the objective is to unravel the enigma of rent and to present a well-defined theory of rent unique to the global oil industry. The truism of the above citation from Smith’s magnum opus shall be a piece of the puzzle that will hopefully find a specific resolution for the oil industry—albeit without the entrapment of mainstream economics
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Oil rents and the tenure of the leaders in Africa [PDF]
It is often underlined that African oil producing countries are politically unstable as a result of this natural resource. Based on the data relating to the duration in office of 101 heads of States exercises of power of 26 African countries (North Africa and Sub-Saharan Africa), our study finds that: this instability does not appear in the executive ...
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The Chinese in Brunei: From Ceramics to Oil Rent
Archipel, 2011The Chinese in Brunei : From Ceramics to Oil Rent Boni (as Boni 渤 泥 ) is first mentioned in Chinese sources at the end of the 9th century AD. The oldest (1264) Muslim tomb of Brunei is that of a Chinese, Master Pu. During the 14th-16th centuries, the Muslim Chinese were numerous enough in Kota Batu to have their own mosque.
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Natural Rent in the Russian Oil and Gas Sector
Voprosy Ekonomiki, 2010Detailed estimates of the hydrocarbon rent for 1999-2009 are presented. Size, sources, and usage patterns of the hidden rent (which is not included into hydrocarbons prices, but provides the source of energy subsidies) are built for the first time. This part of the natural rent is estimated to vary from 8 to 17% of GDP.
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Oil rents and non-oil economic growth in CIS oil exporters. The role of financial development
Resources Policy, 2023Dilvin Taskin +2 more
exaly
Oil rent and corruption : the case of Nigeria
2018This study analyses the various mechanisms that explain the leakage of the main source of wealth in Nigeria at all levels of the production and commercialization of oil and gas, from the wellheads, with the bunkering of pipelines, up to the export of crude oil and the import of refined products, including through capital flight to tax havens.
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