An economic analysis of exploration and extraction of oil on the UK continental shelf
This paper develops an econometric framework for the analysis of exploration and production policies of "price-taking" suppliers, and derives theoretically-consistent exploration and output equations for oil which explicitly take account of the oil discovery process and the intertemporal n...
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| 格式: | Working paper |
| 语言: | English |
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Oxford Institute for Energy Studies
1989
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