Short-run energy-economy interactions in Egypt

Technical Report · Fri Jul 01 04:00:00 EDT 1983

OSTI ID:5495898

Choucri, N; Lahiri, S

Much of the recent upsurge in the Egyptian economy has been provided by the strong, well-managed petroleum sector. Two obstacles to the continuation of these increased earnings are the highly subsidized domestic price of oil, which encourages domestic consumption, and the prevailing uncertainty as to reserve generation and the future production possibilities of oil. This report analyzes the effects of oil price increases, using a short-run ten-sector macro-economic model with explicit treatment of oil extraction, oil refining, and a sector consisting of electricity and natural gas. The macro-economic implications of domestic petroleum pricing strategies in Egypt are extremely important; an overall energy/economy strategy is required in which adjusting domestic prices toward international prices is only one element.

• Research Organization: Massachusetts Inst. of Tech., Cambridge (USA). Technology Adaptation Program
• OSTI ID: 5495898
• Report Number(s): PB-85-192102/XAB
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700 -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200* -- Energy Planning & Policy-- Economics & Sociology
294002 -- Energy Planning & Policy-- Petroleum
AFRICA
DEVELOPING COUNTRIES
ECONOMIC ANALYSIS
ECONOMIC GROWTH
ECONOMICS
EGYPTIAN ARAB REPUBLIC
ELECTRIC POWER
ENERGY POLICY
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GOVERNMENT POLICIES
INDUSTRY
NATURAL GAS
PETROLEUM INDUSTRY
POWER
PRICES
PRODUCTION