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Analyzing Oil Production in Developing Countries: A Case Study of Egypt

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  • Nazli Choucri
  • Christopher Heye
  • Michael Lynch
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    Abstract

    This article presents a detailed simulation analysis of the domestic oil sector in Egypt; a near-typical, non-OPEC, oil-producing developing country. Egypt is a small producer by international standards, yet significant enough that its oil production is important for the country's economy and under certain conditions, for the international oil market as well. A dynamic computer simulation model that depicts significant characteristics of the country's oil sector is utilized to explore the implications of alternative scenarios for government policies, world oil prices, and geological parameters on patterns of production, exports, and export earnings.

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    Bibliographic Info

    Article provided by International Association for Energy Economics in its journal The Energy Journal.

    Volume (Year): Volume 11 (1990)
    Issue (Month): Number 3 ()
    Pages: 91-116

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    Handle: RePEc:aen:journl:1990v11-03-a05

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