IDEAS home Printed from https://ideas.repec.org/a/ags/wjagec/32469.html
   My bibliography  Save this article

The Impacts Of The Market Pricing Of Canadian Energy Resources On The Alberta Oil Industry

Author

Listed:
  • Gould, Brian W.

Abstract

Canada has recently enacted legislation that decontrols the price of domestically produced crude oil and natural gas. This study presents an analysis of the impacts of such decontrol via the use of an econometric model of the petroleum industry of the province of Alberta. The model developed in this study improves upon previous models in terms of the endogenizing of key variables associated with the exploration process. The model is estimated for 1958-79, and a simulation of the 1985-95 period is conducted.

Suggested Citation

  • Gould, Brian W., 1987. "The Impacts Of The Market Pricing Of Canadian Energy Resources On The Alberta Oil Industry," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 12(1), pages 1-13, July.
    • Handle: RePEc:ags:wjagec:32469
    DOI: 10.22004/ag.econ.32469
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/32469/files/12010065.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.32469?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Clark, Peter & Coene, Patrick & Logan, Douglas, 1981. "A comparison of ten U.S. oil and gas supply models," Resources and Energy, Elsevier, vol. 3(4), pages 297-335, December.
    2. Pakravan, Karim, 1984. "Estimation of user's cost for a depletable resource such as oil," Energy Economics, Elsevier, vol. 6(1), pages 35-40, January.
    3. Rice, Patricia & Smith, V. Kerry, 1977. "An econometric model of the petroleum industry," Journal of Econometrics, Elsevier, vol. 6(3), pages 263-287, November.
    4. Terrence E. Daniel & Henry M. Goldberg, 1982. "Moving towards World Pricing for Oil and Gas," Canadian Public Policy, University of Toronto Press, vol. 8(1), pages 3-13, Winter.
    5. Pagoulatos, Angelos & Debertin, David L. & Pagoulatos, Emilio, 1978. "Government Price Policies And The Availability Of Crude Oil," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 3(1), pages 1-16, July.
    6. Rowse, John, 1985. "Optimal intertemporal supplies of crude oil and natural gas for Canada," Resources and Energy, Elsevier, vol. 7(4), pages 395-424, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Black, Geoffrey & LaFrance, Jeffrey T., 1998. "Is Hotelling's Rule Relevant to Domestic Oil Production?," Journal of Environmental Economics and Management, Elsevier, vol. 36(2), pages 149-169, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dahl, Carol & Duggan, Thomas E., 1998. "Survey of price elasticities from economic exploration models of US oil and gas supply," Journal of Energy Finance & Development, Elsevier, vol. 3(2), pages 129-169.
    2. Dahl, Carol & Duggan, Thomas E., 1996. "U.S. energy product supply elasticities: A survey and application to the U.S. oil market," Resource and Energy Economics, Elsevier, vol. 18(3), pages 243-263, October.
    3. Calantone, Carl, 1997. "Canadian Non-Market Depletion Rules: A Simulation Study of Resource Protection Formulae," Socio-Economic Planning Sciences, Elsevier, vol. 31(3), pages 217-230, September.
    4. John Rowse, 1987. "The Economic Impact of Prolonged Low Oil Prices," Canadian Public Policy, University of Toronto Press, vol. 13(1), pages 49-55, March.
    5. R. Glenn Hubbard & Peter C. Reiss, 1989. "Corporate Payouts and the Tax Price of Corporate Retentions: Evidence from the Undistributed Profits Tax of 1936-1938," NBER Working Papers 3111, National Bureau of Economic Research, Inc.
    6. Yang, C. W. & Hwang, M. J. & Huang, B. N., 2002. "An analysis of factors affecting price volatility of the US oil market," Energy Economics, Elsevier, vol. 24(2), pages 107-119, March.
    7. Lopez Elena & Lopez Rigoberto A., 2017. "Introduction to the Special Issue in Honor of Professor Emilio Pagoulatos," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 15(2), pages 1-5, December.
    8. Spinks, Thomas & Dahl, Dale C., 1981. "Inputs Used in U.S. Farm Production: A Bibliography of Selected Economic Studies, 1950-80," Economics and Statistics Services (ESS) Reports 319963, United States Department of Agriculture, Economic Research Service.
    9. Krichene, Noureddine, 2002. "World crude oil and natural gas: a demand and supply model," Energy Economics, Elsevier, vol. 24(6), pages 557-576, November.
    10. Debertin, David L. & Pagoulatos, Angelos, 1980. "Energy Problems And Alternatives: Implications For The South," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 12(1), pages 1-10, July.
    11. Mr. Noureddine Krichene, 2005. "A Simultaneous Equations Model for World Crude Oil and Natural Gas Markets," IMF Working Papers 2005/032, International Monetary Fund.
    12. Iledare, Omowumi O. & Pulsipher, Allan G., 1999. "Sources of change in petroleum drilling productivity in onshore Louisiana in the US, 1977-1994," Energy Economics, Elsevier, vol. 21(3), pages 261-271, June.
    13. Iledare, Omowumi O., 1995. "Simulating the effect of economic and policy incentives on natural gas drilling and gross reserve additions," Resource and Energy Economics, Elsevier, vol. 17(3), pages 261-279, November.

    More about this item

    Keywords

    Resource /Energy Economics and Policy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:wjagec:32469. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/waeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.