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North Sea oil and Britain's balance of payments. An investigation with the aid of a simulation model. Das Nordseeoel und die britische Zahlungsbilanz. Eine Untersuchung mit Hilfe eines Simulationsmodells

Abstract

An introduction outlining the complex of problems and discussing the chosen method is followed by the development of a computerized simulation model. Starting from oil exploration, the whole process of opening, financing, production, and taxation of discovered North Sea oil fields is analysed and modelled up to the effects they have on the balance of payments. The statements are characterized by the opinion that even formalized, complex model relations can be delivered in a way which is intelligible to all. In the final part, predicted results are presented and discussed in detail, which were achieved under conditions alternatively assumed for the future on the basis of the model calculations. Furthermore, in the annexes flowcharts and the FORTRAN program of the model as well as comprehensive tables of results are shown. With this work, the author breaks through the narrow concept of a pure simulation model. For the first time he shows opportunities and limit, the set to the restoration of Britain's balance of payments by means of North Sea oil.
Authors:
Juergensen, H [1] 
  1. ed.
Publication Date:
Jan 01, 1979
Product Type:
Book
Reference Number:
EDB-80-117311
Subject:
29 ENERGY PLANNING, POLICY AND ECONOMY; 02 PETROLEUM; NORTH SEA; PETROLEUM INDUSTRY; ECONOMIC IMPACT; UNITED KINGDOM; COMPUTERIZED SIMULATION; ECONOMIC POLICY; EXPORTS; FINANCING; PETROLEUM; PETROLEUM DEPOSITS; TAXES; ATLANTIC OCEAN; ENERGY SOURCES; EUROPE; FOSSIL FUELS; FUELS; GEOLOGIC DEPOSITS; GOVERNMENT POLICIES; INDUSTRY; MINERAL RESOURCES; RESOURCES; SEAS; SIMULATION; SURFACE WATERS; WESTERN EUROPE; 294002* - Energy Planning & Policy- Petroleum; 020700 - Petroleum- Economics, Industrial, & Business Aspects
OSTI ID:
5105779
Country of Origin:
Germany
Language:
German
Submitting Site:
DE
Size:
Pages: 361
Announcement Date:

Citation Formats

Juergensen, H. North Sea oil and Britain's balance of payments. An investigation with the aid of a simulation model. Das Nordseeoel und die britische Zahlungsbilanz. Eine Untersuchung mit Hilfe eines Simulationsmodells. Germany: N. p., 1979. Web.
Juergensen, H. North Sea oil and Britain's balance of payments. An investigation with the aid of a simulation model. Das Nordseeoel und die britische Zahlungsbilanz. Eine Untersuchung mit Hilfe eines Simulationsmodells. Germany.
Juergensen, H. 1979. "North Sea oil and Britain's balance of payments. An investigation with the aid of a simulation model. Das Nordseeoel und die britische Zahlungsbilanz. Eine Untersuchung mit Hilfe eines Simulationsmodells." Germany.
@misc{etde_5105779,
title = {North Sea oil and Britain's balance of payments. An investigation with the aid of a simulation model. Das Nordseeoel und die britische Zahlungsbilanz. Eine Untersuchung mit Hilfe eines Simulationsmodells}
author = {Juergensen, H}
abstractNote = {An introduction outlining the complex of problems and discussing the chosen method is followed by the development of a computerized simulation model. Starting from oil exploration, the whole process of opening, financing, production, and taxation of discovered North Sea oil fields is analysed and modelled up to the effects they have on the balance of payments. The statements are characterized by the opinion that even formalized, complex model relations can be delivered in a way which is intelligible to all. In the final part, predicted results are presented and discussed in detail, which were achieved under conditions alternatively assumed for the future on the basis of the model calculations. Furthermore, in the annexes flowcharts and the FORTRAN program of the model as well as comprehensive tables of results are shown. With this work, the author breaks through the narrow concept of a pure simulation model. For the first time he shows opportunities and limit, the set to the restoration of Britain's balance of payments by means of North Sea oil.}
place = {Germany}
year = {1979}
month = {Jan}
}