scholarly journals Cross-Country Analysis of Energy Subsidies Efficiency

2019 ◽  
Vol 12 (5) ◽  
pp. 101-110
Author(s):  
A. K. Karayev ◽  
V. V. Ponkratov
Keyword(s):  
Empirical Model ◽  
Fossil Fuels ◽  
Oil And Gas ◽  
Developing Economies ◽  
Public Support ◽  
Oil Extraction ◽  
Energy Subsidies ◽  
The Usa ◽  
Country Analysis ◽  
Cross Country

The subject of the research is energy subsidies of states for fossil fuels that remain high, which constitutes according to IMF 6.5% of the world GDP and is used by many states as an important instrument for agriculture and industry development, for job creation, as well as for energy safeguarding. However, energy subsidies often cause energy overconsumption, natural resources exhaustion acceleration and decrease stimuli for investments into green power engineering and renewable energy, which resulted in the 2009 agreement of G20 countries to start stage-by stage reducing fossil fuels subsidies.The purpose of the article is developing a model for quantitative assessment of oil extraction public support. On the basis of the empirical model developed, a cross-country analysis of comparative oil extraction public support efficiency in five countries (three of them developed economies: the USA, Canada, Norway; two countries with developing economies and emerging markets: Brazil, Russia) in 2000–2017 using analysis of the functioning surroundings Data Envelopment Analysis (DEA) that allows to uncover not only technical, but also cost effectiveness of budgetary oil extraction support. The data for the empirical model are selected from the statistical database of OECD.The results obtained demonstrate that the intensifying of oil and gas sector development practically does not correlate with public policy actions in Russia, and urgent measures to eliminate ineffective energy subsidies are necessary. 

The natural gas industry: equipment, materials, and corrosion

2015 ◽  
Vol 33 (3-4) ◽  
pp. 175-185 ◽  
Author(s):  
Benjamin Valdez ◽  
Michael Schorr ◽  
Jose M. Bastidas
Keyword(s):  
Natural Gas ◽  
Fossil Fuels ◽  
Oil And Gas ◽  
Saline Water ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Municipal Networks ◽  
Production Wells ◽  
Natural Gas Industry ◽  
The Usa

AbstractCorrosion is a crucial worldwide problem that strongly affects the oil and gas industry. Natural gas (NG) is a source of energy used in industrial, residential, commercial, and electric applications. The abundance of NG in many countries augurs a profitable situation for the vast energy industry. NG is considered friendlier to the environment and has lesser greenhouse gas emissions compared with other fossil fuels. In the last years, shale gas is increasingly exploited in the USA and in Europe, using a hydraulic fracturing (fracking) technique for releasing gas from the bedrock by injection of saline water, acidic chemicals, and sand to the wells. Various critical sectors of the NG industry infrastructure suffer from several types of corrosion: steel casings of production wells and their drilling equipment, gas-conveying pipelines including pumps and valves, plants for regasification of liquefied NG, and municipal networks of NG distribution to the consumers. Practical technologies that minimize or prevent corrosion include selection of corrosion-resistant engineering materials, cathodic protection, use of corrosion inhibitors, and application of external and internal paints, coatings, and linings. Typical cases of corrosion management in the NG industry are presented based on the authors’ experience and knowledge.

scholarly journals Volatility in Discretionary Public Spending and Economic Growth: A Cross Country Analysis

2020 ◽  
Vol 59 (1) ◽  
pp. 45-68
Author(s):  
Muhsin Ali ◽  
Karim Khan
Keyword(s):  
Economic Growth ◽  
Economic Performance ◽  
Developing Economies ◽  
Public Spending ◽  
Jel Classification ◽  
Developed Economies ◽  
Potential Control ◽  
Country Analysis ◽  
Cross Country ◽  
The Impact

Volatility in discretionary public spending has diverse implications for the overall economic performance of economies. In this study, we examine the impact of volatile non�systematic discretionary public spending on economic growth. By employing cross-country data of 74 developed and developing economies, we find that volatility in non-systematic discretionary public spending has an adverse impact on economic growth. In particular, such impact is severe in the case of less developed economies. Our findings are robust to the problem of endogeneity. In order to ensure the accuracy of the results, we conduct sufficient sensitivity analysis by incorporating a bunch of potential control variables. In most of the cases, the results with regard to the policy volatility remain intact. This suggests that effective spending rules, i.e. permanent numerical limits, should be imposed on budgetary aggregates to restrain governments from the volatile use of discretionary spending. JEL Classification: H3; H5 Keywords: Volatility in Discretionary Public Spending, Economic Growth, Effective Spending Rule

scholarly journals Energy Subsidies and Energy Consumption — A Cross-Country Analysis

2013 ◽  
Author(s):  
Joshua Charap ◽  
Arthur Ribeiro da Silva ◽  
Pedro Rodriguez
Keyword(s):  
Energy Consumption ◽  
Energy Subsidies ◽  
Country Analysis ◽  
Cross Country

scholarly journals Oil Prices and Inflation Dynamics

2017 ◽  
Vol 17 (196) ◽  
Author(s):  
Sangyup Choi ◽  
Davide Furceri ◽  
Prakash Loungani ◽  
Saurabh Mishra ◽  
Marcos Poplawski Ribeiro
Keyword(s):  
Developing Economies ◽  
Oil Prices ◽  
Oil Price ◽  
Oil Price Shocks ◽  
Price Shocks ◽  
Energy Subsidies ◽  
Percent Increase ◽  
Cross Country ◽  
The Impact ◽  
Domestic Inflation

We study the impact of fluctuations in global oil prices on domestic inflation using an unbalanced panel of 72 advanced and developing economies over the period from 1970 to 2015. We find that a 10 percent increase in global oil inflation increases, on average, domestic inflation by about 0.4 percentage point on impact, with the effect vanishing after two years and being similar between advanced and developing economies. We also find that the effect is asymmetric, with positive oil price shocks having a larger effect than negative ones. The impact of oil price shocks, however, has declined over time due in large part to a better conduct of monetary policy. We further examine the transmission channels of oil price shocks on domestic inflation during the recent decades, by making use of a monthly dataset from 2000 to 2015. The results suggest that the share of transport in the CPI basket and energy subsidies are the most robust factors in explaining cross-country variations in the effects of oil price shocks during the this period.

scholarly journals Energy Subsidies and Energy Consumption: A Cross-Country Analysis

2013 ◽  
Vol 13 (112) ◽  
pp. 1 ◽  
Author(s):  
Joshua Charap ◽  
Arthur Ribeiro da Silva ◽  
Pedro C Rodriguez ◽  
◽  
◽  
...  
Keyword(s):  
Energy Consumption ◽  
Energy Subsidies ◽  
Country Analysis ◽  
Cross Country

An Approach to Social and Economic Assessment of Resource Regime in an Oil and Gas Sector The Case of the USA )

2012 ◽  
pp. 105-116
Author(s):  
V. Kryukov ◽  
E. Pavlov
Keyword(s):  
Oil And Gas ◽  
Quantitative Estimation ◽  
Economic Assessment ◽  
The United States ◽  
Oil Extraction ◽  
Economic Benefits ◽  
Institutional Factors ◽  
The Us ◽  
The Usa ◽  
Oil And Gas Sector

The paper presents an approach to quantitative estimation of socio-economic benefits from oil extraction (in the US). The approach explicitly distinguishes the contribution of non-institutional and institutional factors. Calculations show that in the United States the influence and dynamics of institutional factors are related to steady deterioration of natural conditions of oil extraction. In general, the US resource regime can be called stimulating, as is evidenced by a small proportion of adverse effects due to preservation of residual oil.

scholarly journals Measuring the far-right in Europe: comparative analysis of the xenophobic and anti-immigrant sentiment in Germany, Poland and Russia

2021 ◽  
pp. 29-42
Author(s):  
Andrey A. Kinyakin ◽  
Dmitry A. Kotov ◽  
Sergey A. Stepanov
Keyword(s):  
Comparative Analysis ◽  
Public Support ◽  
European Countries ◽  
Real Problem ◽  
Far Right ◽  
Research Project ◽  
The Public ◽  
Political Traditions ◽  
Country Analysis ◽  
Cross Country

The rising significance of the far-right as political actors is one of the most noticeable political trends in Europe within the recent decades. It causes constant research activity aimed at the analysis of nature of public support of right-wing forces. However, the researchers, dealing with the issues of assessing the public support of the far-right in different European countries frequently have confront the problem of lack of relevant measurement tools, as well as efficient methodology for valid cross-country analysis. This stems not only from different “political background” and “political environment”, connected with political traditions and political practices, but also from the nature of public support of the far-right, having not only “overt”, but also “covert” component. Whereas “overt” component is on the surface and is good measurable (mainly by conventional tools such as polling), the “covert” one, encompassing the in-depth social sentiments, is hardly measurable. This pose real problem for assessing the genuine amount of public support far-right forces taking into account the fact, that “covert” component is to be crucial in achieving that goal. In October 2020 to tackle this problem by the international group of researchers there was initiated the research project, aiming at development of the specific research methodology on the combination of traditional and “digital” research methods such as comparative analysis, expert interviews and “social media listening” (SML) for analysing the xenophobic and anti-immigrant sentiments in three European societies – in Germany, Poland and Russia as a “covert” component. The accomplishment of the research project is expected to provide not only the insights into specifics of the public support of the far-right in different European countries by assessing the “covert” component, but also help to assess its genuine (gross) scale as well as to single out the factors influencing the public support of the far-right by putting emphasis on the ongoing political and social processes. The research project is expected to deliver the information for elaboration of the gauges (indicators) for valid cross-country analysis of the far-right politics in different countries allowing to overcome some research “weak points” – ranging from huge differences in political traditions to scarcity of relevant data. The aim of this article is to present and discuss the elaborated methodological approach.

scholarly journals Performance analysis of Reverse and Frugal Innovations in Nigeria A Case Study of IVM automobile company

2021 ◽  
Vol 23 ◽  
pp. 591-625
Author(s):  
Bridget Chipanje ◽  
Dong Ying ◽  
Lv Haiping
Keyword(s):  
West Africa ◽  
Fossil Fuels ◽  
Oil And Gas ◽  
Developing Economies ◽  
Influencing Factor ◽  
Developed Countries ◽  
West African ◽  
Reverse Innovation ◽  
Frugal Innovation ◽  
Frugal Innovations

Nigeria which is considered as the ‘giant’ of Africa and is currently the largest economy in West Africa is also fast becoming the largest economy in the entire Africa. The country is in the process of developing a broader base for her economy which for many years has been reliant on oil and gas and non-renewable fossil fuels which are already saturated. However, the country has many other natural resources, and one of the major companies in the “non-oil” economy is the Innoson Vehicles and Motors (IVM) in Nigeria. In recent decades, many West African companies, including IVM, have begun to accept the need for innovation if they are to sell their products to a wider market and to increase exports. Noteworthy to companies in West Africa are Reverse Innovation and Frugal Innovation. This research observes the interaction these two forms of innovation adopts, innovation, and the ways in which they have been accepted by the IVM and their supply chain. There are three stages of management considered in this research (Macro; Directors and Educational Advisors Managers, members of this level precipitate policies that advance the economy and business inside the company. Meso; Senior Management at the production unit in the IVM, and Micro; The Organizational Supervisors of manufacturing and distribution). To achieve the purpose of this research, several personnel’s at the three different levels of management were interviewed about their understanding of the terms and the application of Reverse and Frugal innovations in their experience. A total of 20 interviews (each lasting 15-20 minutes) were carried out, 8 at the Macro level, 5 Meso level and 7 at the Micro level. This led to a discovery that West African businesses found Reverse Innovation and Frugal very satisfactory, and inherent, should it be that the economic proliferation designed is continued. The study, by analyzing their opinions concerning the drivers and limitations of Reverse Innovation and Frugal Innovation, has successfully generated a framework for R&F innovations which establishments in other developing economies seeking to proliferate their exports back to the developed countries might find beneficial. Finally, sustainability is also seen as an underlying influencing factor throughout the research.

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