Results 261 to 270 of about 10,834 (309)
How are oil revenues redistributed in an oil economy? The case of Kazakhstan [PDF]
The main value added of this paper is the empirical approach we use to assess the impact of the oil boom. The selected case study is Kazakhstan because an oil boom has driven Kazakhstan's economy since the discovery of large new oilfields in the late 1990's and early 2000's.
Najman, Boris +3 more
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Reducing Russia’s Oil Revenues
The RUSI Journal, 2023On 5 December 2022, the EU, US and other G7 states imposed a price cap on Russian maritime oil shipments to help reduce income to the Kremlin while protecting the West’s energy supplies. Jan Stockbruegger assesses this experimental sanction and analyses the logic behind it, key findings so far and how policies could be improved to better enforce the ...
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Oil Revenue Collateralisation in Ghana
SSRN Electronic Journal, 2010This paper provides comparative analysis of policy aims and possible effects of oil revenue management in Ghana. The proposals in selected sections of the Petroleum Revenue Management Bill of 2010 provide the basis for the paper. Collateralisation of oil revenue allows the country to use future revenue from oil as security.
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Oil Revenues and Manufacturing Output
Fiscal Studies, 1981In our article in the July 1980 issue of Fiscal Studies, we examined the impact of the growth of North Sea oil production on the domestic economy. A major conclusion of that article was that 'the contraction of manufacturing output, and an increase in domestic absorption on imported manufactures, are the only means by which the British economy can ...
P J Forsyth, J A Kay
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Governance and Oil Revenues in Cameroon [PDF]
Oil has been a curse for Cameroon, one of the potentially richest countries in Sub-Saharan Africa. While the discovery of oil in 1977 and initial prudent management accentuated hopes, Cameroon has become an example of growth collapse. GDP contracted by 5% on average per year, a combined 27% over the 8-year period, dropping per capita income in 1993 to ...
Bernard Gauthier, Albert Zeufack
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Tax Revenue Performance: A Comparative Study of Oil and Non-Oil Tax Revenue on Nigeria's GDP
SSRN Electronic Journal, 2015This research seeks to comparatively identify the revenue performances of the oil and non-oil tax revenue with regards to Nigeria’s GDP. In comparing these independent variables against the GDP, it is observed that there has been umpteenth reliance of government tax revenue and the GDP on oil tax revenue causing a neglect in revitalising non-oil tax ...
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The Price of Oil: A Case of Negative Marginal Revenue
The Journal of Industrial Economics, 1979IN what circumstances might a cartel regard a negative net return from its marginal sales as consistent with the objective of maximizing profits? The posing of this question may be taken as evidence of an odd concern with special cases, with the strange byways and dead-ends of economic theory.
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Oil revenues and macroeconomic volatility in Norway
OPEC Energy Review, 2011AbstractIt is conventional wisdom that Norway is the role model for oil‐producing countries; its sensible policies and transparency in the management of its oil revenues have resulted in macroeconomic stability, which most oil producing countries from Africa and Latin America, hobbled by cycles of boom and bust or a Dutch disease, have always been ...
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The impact of oil revenues on the OPEC economy
Energy Economics, 1989Abstract The increase in oil prices after 1973 transferred considerable financial resources from the world economy to OPEC countries. This gave rise to a study of the impact of oil revenues on the major macroeconomic indicators of OPEC countries. In addition, the influence of fiscal and monetary policy is taken into consideration.
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