Opecs Dilemma and the Future of Oil - Navigating the Path to Net Zero

This book is a new stress test in applied econometric analysis of oil producing countries. It includes positive economic analysis using a sample of 11 OPEC countries from 1970 to 2019; and presents an empirical analysis of OPEC's operating model - the state-owned oil monopoly, hence its dilemma.

List of contents

Chapter 1. The Dilemma, the Stylized Facts, and the Objectives Chapter 2. The Stress Test Strategy Chapter 3. The Time Series Properties of OPEC Data Chapter 4. Estimating Baseline Permanent Income for OPEC Chapter 5. Counterfactual Design and Empirical Stress Tests Chapter 6. OPEC's Options are Limited and Challenging

About the author

Weshah Razzak is Honorary Research Fellow at the School of Economics and Finance, Massey University, Palmerston North, New Zealand.

Summary

This book is a new stress test in applied econometric analysis of oil producing countries. It includes positive economic analysis using a sample of 11 OPEC countries from 1970 to 2019; and presents an empirical analysis of OPEC’s operating model – the state-owned oil monopoly, hence its dilemma.

Product details

• Authors: Weshah Razzak
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Hardback
• Released: 12.08.2024
• EAN: 9781032784854
• ISBN: 978-1-0-3278485-4
• No. of pages: 220
• Series: Routledge Studies in the Economics of Business and Industry
• Subjects: Natural sciences, medicine, IT, technology > Natural sciences (general); Non-fiction book > Politics, society, business > Politics; BUSINESS & ECONOMICS / Development / Sustainable Development, BUSINESS & ECONOMICS / Environmental Economics, BUSINESS & ECONOMICS / Industrial Management, BUSINESS & ECONOMICS / Development / Economic Development, macroeconomics, Economic statistics, Environmental Economics, OPEC, environmental science, engineering & technology, Development Studies, Econometrics, Environmental science, engineering and technology, economic forecasting, Econometrics and economic statistics, OPEC (Organization of the Petroleum Exporting Countries)