The Impacts Of The Market Pricing Of Canadian Energy Resources On The Alberta Oil Industry
AbstractCanada has recently enacted legislation that decontrols the price of domestically produced crude oil and natural gas. This study presents an analysis of the impacts of such decontrol via the use of an econometric model of the petroleum industry of the province of Alberta. The model developed in this study improves upon previous models in terms of the endogenizing of key variables associated with the exploration process. The model is estimated for 1958-79, and a simulation of the 1985-95 period is conducted.
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Bibliographic InfoArticle provided by Western Agricultural Economics Association in its journal Western Journal of Agricultural Economics.
Volume (Year): 12 (1987)
Issue (Month): 01 (July)
Resource /Energy Economics and Policy;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Pakravan, Karim, 1984. "Estimation of user's cost for a depletable resource such as oil," Energy Economics, Elsevier, vol. 6(1), pages 35-40, January.
- Rowse, John, 1985. "Optimal intertemporal supplies of crude oil and natural gas for Canada," Resources and Energy, Elsevier, vol. 7(4), pages 395-424, December.
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