Analysis of the Iran Oil Embargo
This report analyses the macro-economic, sectoral, and energy effects of an Iranian oil embargo. Five scenarios are analysed reflecting various degrees of oil scarcity on the global market and different sizes of embargo coalitions. The report estimates the macro-economic impacts using the global general equilibrium model GEM-E3. The international oil and energy markets are assessed with the POLES model. This provides the impacts in prices and quantities in the international energy (oil) market. Impacts on trade flows regarding refined oil products are estimated with the OURSE model.
|Date of creation:||Jan 2013|
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- Maisonnave, Hélène & Pycroft, Jonathan & Saveyn, Bert & Ciscar, Juan-Carlos, 2012.
"Does climate policy make the EU economy more resilient to oil price rises? A CGE analysis,"
Elsevier, vol. 47(C), pages 172-179.
- Helene Maisonnave & Jonathan Pycroft & Bert Saveyn & Juan Carlos CISCAR, 2012. "Does climate policy make the EU economy more resilient to oil price rises? A CGE analysis," JRC Working Papers JRC68858, Joint Research Centre (Seville site).
- Philip K. Verleger, 2012. "Using US Strategic Reserves to Moderate Potential Oil Price Increases from Sanctions on Iran," Policy Briefs PB12-6, Peterson Institute for International Economics.
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