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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Estimating the Value of Oil Capital in a Small Open Economy: the Venezuela's Example | |
Sara Aniyar | |
发表日期 | 2003 |
出处 | Climate Change and Sustainable Development |
出版年 | 2003 |
语种 | 英语 |
摘要 | The paper focuses in the calculation of the oil capital value in a small open economy depending on oil rents. The Venezuelan case is used as an example. In valuing the oil capital, two issues are recall and discuss: how should the exploration costs and the capital gains be treated? It is shown that the estimations vary significantly depending on which set of assumptions are made about the way to account for them and the assumptions made about how the economy functions. It is argued that during the studied period the value of the Venezuelan stock of oil capital has increased, and it has done so faster than the population. |
关键词 | Venezuela,Oil Capital,Capital Gains,Exploration Costs,Property Rights |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/estimating-the-value-of-oil-capital-in-a-small-open-economy-the-venezuela-s-example/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116937 |
推荐引用方式 GB/T 7714 | Sara Aniyar. Estimating the Value of Oil Capital in a Small Open Economy: the Venezuela's Example. 2003. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL2003-108.pdf(1389KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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