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Frisch Centre
Projects
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3162. Petroleum industry research in economics and economic management
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Project manager: |
Rolf Golombek
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Participants: |
Svenn Jensen
Michael Hoel
Snorre Kverndokk
Ole Røgeberg
Kjell Arne Brekke
Alfonso Irarrazabal
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Period: |
2008-2012
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Description: |
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This project studies the effects of different climate and energy policies on fossil fuel markets. In particular, we will examine to what extent policies that lower costs of renewable energy production and/or Carbon Capture and Storage will lead to lower emissions in the short run. In the second part of the project we will study the oil market, focusing on OPEC. We will estimate both dynamic cost functions and market demand functions, thereby providing a quantified model of the oil market that combines real world historical data with a rigorous theory-based understanding of an OPEC dominated market. Further, using experimental methods, we will study cartel stability in the presence of climate policy.
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Publications
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Kvernokk, S. and K.E. Rosendahl, 2013: The Effects of Transport Regulation on the Oil Market - Does Market Power Matter?, Scandinavian Journal of Economics , forthcoming [Abstract]
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Hoel, Michael and Svenn Jensen, 2012: Cutting costs of catching carbon-Intertemporal effects under imperfect climate policy, Resource & Energy Economics , vol 34(4), 680-695 [Abstract][PDF]
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Kverndokk, S. og K.E. Rosendahl, 2012: Oil price effects of transport regulation, EAERE Newsletter, European Association for Environmental and Resource Economists, 9-12 [Abstract][PDF]
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Hoel, Michael, 2011: The green paradox and greenhouse gas reducing investments, International Review of Environmental and Resource
Economics , vol 5(4), 353-379 [Abstract]
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Hoel, Michael, 2011: The Supply Side of CO2 with Country Heterogeneity, Scandinavian Journal of Economics , vol 113(4), 846-865 [Abstract][PDF]
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Memorandum 19/2010: Hoel, Michael and Svenn Jensen, Cutting Costs of Catching Carbon Intertemporal effects under imperfect climate policy [Abstract][PDF]
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Memorandum 13/2010: Hoel, Michael, Is there a green paradox? [Abstract][PDF]
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Hoel, M., 2010: Climate change and carbon tax expectations, CESifo Working paper no. 2966 [Abstract][PDF]
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Hoel, M. og S. Jensen, 2010: Cutting Costs of Catching Carbon
Intertemporal Effects under Imperfect Climate Policy, CESifo Working paper no. 3284 [Abstract][PDF]
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Hoel, M. og S. Jensen, 2010: Cutting Costs of Catching Carbon
Intertemporal effects under imperfect climate policy, Discussion Papers No. 639 [Abstract][PDF]
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Kverndokk, Snorre and Knut Einar Rosendahl, 2010: The Effects of Transport Regulation on the Oil Market - Does Market Power Matter?, Discussion Papers No. 629 [Abstract][PDF]
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Kverndokk, Snorre and Knut Einar Rosendahl, 2010: The Effects of Transport Regulation on the Oil Market - Does Market Power Matter?, Discussion Paper 10-40, Resources For the Future, Washington, DC [Abstract][PDF]
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Røgeberg, O., S. Andresen og B. Holstmark, 2010: International climate treaties: The case for pessimism, Climate law , 1(1), 177-197 [Abstract][PDF]
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Full Name: Ragnar Frisch Centre for Economic Research Address: Gaustadalléen 21, NO-0349 Oslo, Norway Telephone: +47-22958810 E-mail: frisch@frisch.uio.no .
Updated
22.05.13, webmaster@frisch.uio.no.
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