Do Oil-Producing Countries Have Normal Oil Overconsumption? An Investigation of Economic Growth and Energy Subsidies
The data shows that oil-producing countries have low oil retail prices and low economic growth compared with other countries. Considering that oil-producing countries experience high oil consumption and low economic growth, it is possible to argue that economic growth is not an appropriate justifica...
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Format: | Article |
Language: | English |
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AIMS Press
2015-07-01
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Series: | AIMS Energy |
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Online Access: | http://www.aimspress.com/energy/article/333/fulltext.html |