Recent modelling approaches in applied energy economics
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Bibliographic Information
Recent modelling approaches in applied energy economics
（International studies in economic modelling）
Chapman and Hall, 1990
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Includes bibliographical references and index
Description and Table of Contents
Description
construction. Naturally, we are open to suggestions from all readers of, and contributors to, the series regarding its approach and content. Finally, I would like to thank all those who have helped the launch of this series. The encouraging response received from authors who have contributed the forthcoming volumes and from the subscribers to the series has indicated the need for such a publication. Homa Motamen-Scobi London December 1987 Preface In 1990 both OPEC and the OECD will celebrate their thirtieth anntvers aries. OPEC was founded - rather unnoticed - by oil-producing countries still struggling to gain control over national petroleum resources. Future members were still under colonial rule. The foremost aim of the new organization - years before it was able to make metropolitan newspaper headlines - was stabilizing oil prices. Stability in those days meant prevent ing oil prices from falling in real terms. The OECD was formed by mostly mature industrial economies marking the normalization of the postwar international economy after years of reconstruction, strict trade regulations, etc. The aim of the new organization was to promote 'the highest sustainable growth and employment' in member countries. Incidentally, 1960 was also the year which gave birth to a more loosely defined block in the world community, namely the underdeveloped countries, qS the African colonial empires finally broke up. The two organizations became adversaries in the 1970s in the power struggle over the energy flows of the world.
Table of Contents
ONE The European Gas Market.- 1 The Western European gas market: deregulation and supply competition.- 2 Residential energy demand - the evolution and future potential of natural gas in Western Europe.- 3 The European gas market as a bargaining game.- 4 Bargaining, vertical control, and (de)regulation in the European gas market.- 5 Environmental effects of a transition from oil and coal to natural gas in Europe.- TWO Management of National Petroleum Resources.- 6 Petroleum resources and the management of national wealth.- 7 Oil and gas revenues and the Norwegian economy in retrospect: alternative macroeconomic policies.- 8 The resource rent for Norwegian natural gas.- 9 Social discount rates for Norwegian oil projects under uncertainty.- 10 The choice between hydro and thermal power generation under uncertainty.- 11 The management of jointly produced exhaustible resources.- THREE The World Oil Market and Macroeconomic Performance.- 12 The options for independent oil-exporting countries in the 1990s.- 13 Business cycles and oil price fluctuations: some evidence for six OECD countries.
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