Petroleum industry research in economics and economic management
Number | 3162 |
---|---|
Project manager | Rolf Golombek |
Client | Norges forskningsråd, PETROSAM |
Client project no. | 184739 |
Participants | Kjell Arne Brekke Bård Harstad Michael Hoel Alfonso Irarrazabal Svenn Jensen Snorre Kverndokk Lin Ma Eric Nævdal Ole Røgeberg |
Period | 2008 - 2012 (ended) |
Project description
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.Publications
Scientific Journal
Memorandum
This series is published by the Department of Economics, University of Oslo, in cooperation with the Frisch Centre. The list below only contains those memoranda written in connection with projects at the Frisch Centre. A complete list of memoranda is found at http://urn.nb.no/URN:NBN:no-7118
Author(s): | Title: | Year: | Reference: | Link: |
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Golombek, Rolf, Alfonso A. Irarrazabal, Lin Ma | OPEC’s market power: An Empirical Dominant Firm Model for the Oil Market | 2015 | No. 21 | [PDF] |
Hoel, Michael | Is there a green paradox? | 2010 | No. 13 | [PDF] |
Hoel, Michael and Svenn Jensen | Cutting Costs of Catching Carbon Intertemporal effects under imperfect climate policy | 2010 | No. 19 | [PDF] |
Other publications
Author(s): | Title: | Year: | Reference: | Link: |
---|---|---|---|---|
Kverndokk, S. og K.E. Rosendahl | Oil price effects of transport regulation | 2012 | EAERE Newsletter, European Association for Environmental and Resource Economists, 9-12 | [PDF] |
Hoel, M. | Climate change and carbon tax expectations | 2010 | CESifo Working paper no. 2966 | [PDF] |
Hoel, M. og S. Jensen | Cutting Costs of Catching Carbon Intertemporal Effects under Imperfect Climate Policy | 2010 | CESifo Working paper no. 3284 | [PDF] |
Hoel, M. og S. Jensen | Cutting Costs of Catching Carbon Intertemporal effects under imperfect climate policy | 2010 | Discussion Papers No. 639 | [PDF] |
Kverndokk, Snorre and Knut Einar Rosendahl | The Effects of Transport Regulation on the Oil Market - Does Market Power Matter? | 2010 | Discussion Papers No. 629 | [PDF] |
Kverndokk, Snorre and Knut Einar Rosendahl | The Effects of Transport Regulation on the Oil Market - Does Market Power Matter? | 2010 | Discussion Paper 10-40, Resources For the Future, Washington, DC | [PDF] |