The Economics and Politics of Oil Price Regulation

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Author :
Publisher : Cambridge, Mass. : MIT Press
ISBN 13 :
Total Pages : 360 pages
Book Rating : 4.73/5 ( download)

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Book Synopsis The Economics and Politics of Oil Price Regulation by : Joseph P. Kalt

Download or read book The Economics and Politics of Oil Price Regulation written by Joseph P. Kalt and published by Cambridge, Mass. : MIT Press. This book was released on 1981 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economics and Politics of the United States Oil Industry, 1920-1990

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Author :
Publisher : Routledge
ISBN 13 : 1317224507
Total Pages : 486 pages
Book Rating : 4.01/5 ( download)

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Book Synopsis The Economics and Politics of the United States Oil Industry, 1920-1990 by : Steve Isser

Download or read book The Economics and Politics of the United States Oil Industry, 1920-1990 written by Steve Isser and published by Routledge. This book was released on 2016-03-02 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, originally published in 1996, traces the development of US government policy toward the oil industry during the 1920s and 1930s when the domestic syustem of production control was established. It then charts the deveopment and collapse of oil import controls, and the wild scramble for economic rents generated by Government regulation. It discusses the two oil crises and the ‘phantom’ Gulf War crisis, and the importance of public opinion in shaping the policy agenda. It also provides an in-depth study of Congressional oil votes from the 1950s to the 1980s and the formation of oil policy, beginning with theories of economic regulation, the role of interest groups in developing the policy agenda and the role of money in politics.

Politics, Prices, and Petroleum

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Publisher :
ISBN 13 :
Total Pages : 360 pages
Book Rating : 4.87/5 ( download)

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Book Synopsis Politics, Prices, and Petroleum by : David Glasner

Download or read book Politics, Prices, and Petroleum written by David Glasner and published by . This book was released on 1985 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Oil and the political economy in the Middle East

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Publisher : Manchester University Press
ISBN 13 : 1526149087
Total Pages : 204 pages
Book Rating : 4.84/5 ( download)

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Book Synopsis Oil and the political economy in the Middle East by : Martin Beck

Download or read book Oil and the political economy in the Middle East written by Martin Beck and published by Manchester University Press. This book was released on 2021-08-17 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: The downhill slide in the global price of crude oil, which started mid-2014, had major repercussions across the Middle East for net oil exporters, as well as importers closely connected to the oil-producing countries from the Gulf. Following the Arab uprisings of 2010 and 2011, the oil price decline represented a second major shock for the region in the early twenty-first century – one that has continued to impose constraints, but also provided opportunities. Offering the first comprehensive analysis of the Middle Eastern political economy in response to the 2014 oil price decline, this book connects oil market dynamics with an understanding of socio-political changes. Inspired by rentierism, the contributors present original studies on Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The studies reveal a large diversity of country-specific policy adjustment strategies: from the migrant workers in the Arab Gulf, who lost out in the post-2014 period but were incapable of repelling burdensome adjustment policies, to Egypt, Jordan, and Lebanon, who have never been able to fulfil the expectation that they could benefit from the 2014 oil price decline. With timely contributions on the COVID-19-induced oil price crash in 2020, this collection signifies that rentierism still prevails with regard to both empirical dynamics in the Middle East and academic discussions on its political economy.

The Politics of Oil

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1785360183
Total Pages : 296 pages
Book Rating : 4.83/5 ( download)

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Book Synopsis The Politics of Oil by : Dag Harald Claes

Download or read book The Politics of Oil written by Dag Harald Claes and published by Edward Elgar Publishing. This book was released on 2018-11-30 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Politics of Oil brings together legal studies, economics, and political science to illustrate how governments gain and exercise control over oil resources and how political actors influence the global oil market, both individually and in cooperation with each other. The author also investigates the role of oil in preserving regime stability, in civil wars and in inter-state conflicts, as well as discussing the possible implications for the oil industry from policies to combat climate change.

The United States and the Control of World Oil

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Publisher : Routledge
ISBN 13 : 1317243145
Total Pages : 260 pages
Book Rating : 4.44/5 ( download)

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Book Synopsis The United States and the Control of World Oil by : Edward H. Shaffer

Download or read book The United States and the Control of World Oil written by Edward H. Shaffer and published by Routledge. This book was released on 2016-03-02 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume, originally published in 1983, analyses the extent to which American dominance in world affairs is based on the control of oil resources and the changes which will inevitably take place with the end of the oil era. The author concludes that the USA will be forced to take part in a struggle to control both the new sources of energy and the new technology which must be developed to make use of them.

Economic Relation of Energy

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Publisher : GRIN Verlag
ISBN 13 : 3656299951
Total Pages : 9 pages
Book Rating : 4.50/5 ( download)

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Book Synopsis Economic Relation of Energy by : Carsten Dümichen

Download or read book Economic Relation of Energy written by Carsten Dümichen and published by GRIN Verlag. This book was released on 2012-10-31 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2011 in the subject Economics - Micro-economics, grade: 2,0, University of Erfurt, language: English, abstract: The general market regulation involves direct government intervention in economic processes to achieve political goals or to correct market failures. Regulation can be implemented through guidelines, recommendations and laws. But a government-controlled influence of the price or quantity can affect the market equilibrium to which the government policies should not be aimed at. Hence it is of utmost importance that regulation in terms of subsidies, customs, price ceilings or lower price limits are used as careful as possible without neglecting the natural market forces primarily described by Adam Smith in his book "An Inquiry into the Nature and Causes of the Wealth of Nations" (1776). Since people are trading they are always looking for ways to make good profit out of their goods and services. To protect their countries domestic production, governments put tolls on foreign products to reduce the imports of the latter and to support domestic products. But this import tax has a rather contradictory effect: For one the government anticipates a strong domestic production with everyone buying this product rather than a substitutable foreign product. Domestic production increases indeed, but an import tax raise the price of the domestic product and lowers the price of the foreign product. This means, an import toll is good for domestic producers (foreign consumers) but bad for domestic consumers (foreign producers). An import tax is one possibility to regulating the market. But this example raises the question of governmental goals, which need to be determined before a government enforces a regulation: Do we want to protect and promote consumers or producers?

The Theory of Competitive Price

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Publisher :
ISBN 13 :
Total Pages : 216 pages
Book Rating : 4.26/5 ( download)

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Book Synopsis The Theory of Competitive Price by : George Joseph Stigler

Download or read book The Theory of Competitive Price written by George Joseph Stigler and published by . This book was released on 1946 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Reasons of State

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Publisher :
ISBN 13 :
Total Pages : 240 pages
Book Rating : 4.19/5 ( download)

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Book Synopsis Reasons of State by : G. John Ikenberry

Download or read book Reasons of State written by G. John Ikenberry and published by . This book was released on 1988 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this lucid and theoretically sophisticated book, G. John Ikenberry focuses on the oil price shocks of 1973-74 and 1979, which placed extraordinary new burdens on governments worldwide and particularly on that of the United States. Reasons of State examines the response of the United States to these and other challenges and identifies both the capacities of the American state to deal with rapid international political and economic change and the limitations that constrain national policy.

The Distributional Implications of the Impact of Fuel Price Increases on Inflation

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1616356154
Total Pages : 34 pages
Book Rating : 4.56/5 ( download)

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Book Synopsis The Distributional Implications of the Impact of Fuel Price Increases on Inflation by : Mr. Kangni R Kpodar

Download or read book The Distributional Implications of the Impact of Fuel Price Increases on Inflation written by Mr. Kangni R Kpodar and published by International Monetary Fund. This book was released on 2021-11-12 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.