Essays about: "income elasticity of oil"

Found 3 essays containing the words income elasticity of oil.

  1. 1. The Russian Federation - the European economy’s future powerhouse? : An Econometric Analysis of the Energy Import Relationship Between Seven European Key Countries and the Russian Federation

    University essay from Luleå tekniska universitet/Institutionen för ekonomi, teknik och samhälle

    Author : Linus Olofsson; Mikael Savelainen; [2017]
    Keywords : Russia; Europe; Crude Oil; Coal; Natural Gas; Oil; Gas; Energy Import Demand Elasticities; Energy Imports;

    Abstract : The purpose of this thesis is to analyze how the world market price of crude oil, coal and natural gas affects the demand of and dependency on energy imports from the Russian Federation of key European countries[1]. We achieve our objective through econometric estimations of import demand equations concerning imports from the Russian Federation of crude oil, coal and natural gas for seven EU key countries during 1990-2014. READ MORE

  3. 2. Price and income elasticities of crude oil demand : the case of ten IEA countries

    University essay from SLU/Dept. of Economics

    Author : Tsirimokos Christos; [2011]
    Keywords : crude oil demand; oil prices; price elasticity; income elasticity; Nerlove s partial adjustment model;

    Abstract : This master thesis attempts to estimate the short-run and long-run price and income elasticities of crude oil demand in ten IEA member-countries for the time period 1980-2009. Specifically, the price and income elasticities for Sweden, Denmark, Spain, Portugal, Turkey, Finland, Italy, Germany, USA, and Japan are estimated. READ MORE

  4. 3. Oil Dependencies and Peak Oil's Effects on Oil Consumption : A case study of six countries

    University essay from IHH, Nationalekonomi

    Author : Josef Tekin; Jens Hagman; [2007]
    Keywords : Peak Oil; Elasticity; Oil Dependency; Nerlove’s Partial Adjustment Model; Asymmetric Effects; Peak Oil; Elasticitet; Oljeberoende; Nerlove’s Partial Adjustment Model; Asymmetriska Effekter;

    Abstract : During the year of 2007, the world has experienced historically high oil prices both in nominal and in real terms, which has reopened discussions about energy sustainability. We therefore found it interesting to research oil dependencies and elasticities for Brazil, China, Norway, South Korea, Sweden and USA; and their possible oil consumption response to a Peak Oil phenomenon. READ MORE