This paper presents an analysis of the world energy and petroleum markets, carried out by means of an econometric simulation model. The model accepts a certain pricing path for OPEC crude oil together with assumptions about GDP and population growth, and generates energy balance projections for seven world regions, three industrial and four developing. The demand side of the model consists of three end-use sectors (transportation, industrial, and...
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INFORMATION
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1984/02/29
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Document de travail des services de la Banque mondiale
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SWP633
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1
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1
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2002/11/28
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Disclosed
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A model of world energy markets and OPEC pricing
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proven reserve
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