Abstract
The fact that most oil-exporting countries are developing economies has important implications for oil supply which have not been properly taken into account in the literature on exhaustible resource depletion. The way in which depletion policies are affected by trade uncertainty, given the high degree of the major oil exporters' 'dependence' on crude oil revenues, by investment time lags which delay the exploitation of (some of) these countries' comparative advantage in a petroleum based development, and by ideological objections to the ideal of a rentier society and to foreign capital are examined.
Citation Formats
Stournaras, Y A.
Depletion policies for oil-exporting developing economies.
United Kingdom: N. p.,
1984.
Web.
Stournaras, Y A.
Depletion policies for oil-exporting developing economies.
United Kingdom.
Stournaras, Y A.
1984.
"Depletion policies for oil-exporting developing economies."
United Kingdom.
@misc{etde_6044685,
title = {Depletion policies for oil-exporting developing economies}
author = {Stournaras, Y A}
abstractNote = {The fact that most oil-exporting countries are developing economies has important implications for oil supply which have not been properly taken into account in the literature on exhaustible resource depletion. The way in which depletion policies are affected by trade uncertainty, given the high degree of the major oil exporters' 'dependence' on crude oil revenues, by investment time lags which delay the exploitation of (some of) these countries' comparative advantage in a petroleum based development, and by ideological objections to the ideal of a rentier society and to foreign capital are examined.}
place = {United Kingdom}
year = {1984}
month = {Jan}
}
title = {Depletion policies for oil-exporting developing economies}
author = {Stournaras, Y A}
abstractNote = {The fact that most oil-exporting countries are developing economies has important implications for oil supply which have not been properly taken into account in the literature on exhaustible resource depletion. The way in which depletion policies are affected by trade uncertainty, given the high degree of the major oil exporters' 'dependence' on crude oil revenues, by investment time lags which delay the exploitation of (some of) these countries' comparative advantage in a petroleum based development, and by ideological objections to the ideal of a rentier society and to foreign capital are examined.}
place = {United Kingdom}
year = {1984}
month = {Jan}
}