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U.S. Department of Energy
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OPEC's pricing policy and the international transmission of oil price effects

Book ·
OSTI ID:5804472

The author creates a three-region world model of developed economies, OPEC, and non-OPEC developing economies to study the transmission of oil price effects and the derivation of optimal oil prices. He also analyzes the impacts of restrictive fiscal policy in developed countries and increased financial transfers to less developed countries on real income, on the international oil market, on inflation, and on international trade of manufactured goods and raw materials.

OSTI ID:
5804472
Country of Publication:
United States
Language:
English