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Oil Price And Its Influence On European Energy Policy


  • Liviu Stelian Begu

    () (Academy of Economic Studies, Bucharest)

  • Raluca Căplescu

    () (Academy of Economic Studies, Bucharest)

  • Irina Teodora Teodorescu

    () (Academy of Economic Studies, Bucharest)


The purpose of this paper is to assess the influence of oil price on European Energy Policy, taking into account the effects of the current financial crisis on both oil price and European Energy Policy. In order to reach our aim, we made use of thorough research, combined with advanced statistical methods of analysis. The main conclusions drawn from the research undertaken show a certain determination in oil market dynamics and the current economic crisis.

Suggested Citation

  • Liviu Stelian Begu & Raluca Căplescu & Irina Teodora Teodorescu, 2010. "Oil Price And Its Influence On European Energy Policy," Romanian Economic Business Review, Romanian-American University, vol. 5(4), pages 168-175, december.
  • Handle: RePEc:rau:journl:v:5:y:2010:i:4:p:168-175

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    References listed on IDEAS

    1. Frankel, Jeffrey A & Rose, Andrew K, 1998. "The Endogeneity of the Optimum Currency Area Criteria," Economic Journal, Royal Economic Society, vol. 108(449), pages 1009-1025, July.
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    oil price; energy policy; financial crisis;


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