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Are Petroleum Market Values A Triumph Of Economics Over Accounting?

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  • Tommi Johnsen
  • Dean A. Paxson
  • Ronald J. Rizzuto

Abstract

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Suggested Citation

  • Tommi Johnsen & Dean A. Paxson & Ronald J. Rizzuto, 1996. "Are Petroleum Market Values A Triumph Of Economics Over Accounting?," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 23(2), pages 243-261, March.
  • Handle: RePEc:bla:jbfnac:v:23:y:1996:i:2:p:243-261
    DOI: 10.1111/j.1468-5957.1996.tb00910.x
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    References listed on IDEAS

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    1. Davidson, Russell & MacKinnon, James G, 1981. "Several Tests for Model Specification in the Presence of Alternative Hypotheses," Econometrica, Econometric Society, vol. 49(3), pages 781-793, May.
    2. Sundaresan, Suresh M, 1984. "Equilibrium Valuation of Natural Resources," The Journal of Business, University of Chicago Press, vol. 57(4), pages 493-518, October.
    3. Harold Hotelling, 1931. "The Economics of Exhaustible Resources," Journal of Political Economy, University of Chicago Press, vol. 39(2), pages 137-137.
    4. Pindyck, Robert S, 1980. "Uncertainty and Exhaustible Resource Markets," Journal of Political Economy, University of Chicago Press, vol. 88(6), pages 1203-1225, December.
    5. Miller, Merton H & Upton, Charles W, 1985. "The Pricing of Oil and Gas: Some Further Results," Journal of Finance, American Finance Association, vol. 40(3), pages 1009-1018, July.
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