Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7406836 | Energy Policy | 2012 | 10 Pages |
Abstract
⺠Geological determinants behind Hubbert curves in a general equilibrium framework. ⺠We endogenize the interactions between Peak Oil dates, oil prices and growth trends. ⺠Close Peak Oil dates lead to different trends of oil prices, exportation and growth. ⺠Low short-term prices benefit to the long-term macroeconomy of oil exporters. ⺠High short-term prices hedge oil importers against economic tensions after Peak Oil.
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Authors
Henri Waisman, Julie Rozenberg, Olivier Sassi, Jean-Charles Hourcade,