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Policy implications of north sea oil depletion at national level

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  • Motamen, Homa

Abstract

This paper puts forward a methodology for analysing the impact of alternative oil depletion policies at national level. This is done by developing a long run macroeconomic model and combining it with the method of optimal control. The model presented here is formulated with special reference to North Sea oil in the UK, but it can be applied, with the necessary modifications, to determine depletion strategies to any oil-rich economy.

Suggested Citation

  • Motamen, Homa, 1982. "Policy implications of north sea oil depletion at national level," Omega, Elsevier, vol. 10(5), pages 539-551.
    • Handle: RePEc:eee:jomega:v:10:y:1982:i:5:p:539-551
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