IDEAS home Printed from https://ideas.repec.org/p/hal/wpaper/hal-02435482.html
   My bibliography  Save this paper

An Evolutionist Approach to Competitiveness for the Upstream Sector of the Oil industry in a Long Term Perspective

Author

Listed:
  • Jean-Philippe Cueille

    (IFPEN - IFP Energies nouvelles)

  • Edmilson Moutinho dos Santos

    (USP - Universidade de São Paulo = University of São Paulo)

Abstract

The purpose of this work is to analyze the concepts of competition and competitiveness in the upstream sector of the international oil industry, and to attempt to identify the possibilities for the future development of this sector as well as the cornpetitive interactions that may exist between the major oil actors, i.e. the international oil companies. For this purpose, we develop a model of "oil competition" and a definjtion of "oil competitiveness11 that take clearly into consideration both the differences between the various oil actors and the dynarnic aspects linked to the evolution of the oil industry. We do so by constructing an evolutionist model of oil competition and competitiveness. This approach emulates a "biological process" in which firms and the economic environment interact with each other in a process similar to "natural selection", with the survival of the fittest. We then introduce the notion of the "dominant form of competition". In addition, this evolutionist model uses some analytical instruments established by Michael Porter, from the University of Harvard, which allow us to define the concept of "generic competitive strategy of enterprises". We can thus interpret the dissimilarities of behavior of various oil actors as weU as the temporal changes in their strategies, in an attempt to explain the evolution of their respective role in an oil world that is perpetually changing.

Suggested Citation

  • Jean-Philippe Cueille & Edmilson Moutinho dos Santos, 1998. "An Evolutionist Approach to Competitiveness for the Upstream Sector of the Oil industry in a Long Term Perspective," Working Papers hal-02435482, HAL.
  • Handle: RePEc:hal:wpaper:hal-02435482
    Note: View the original document on HAL open archive server: https://ifp.hal.science/hal-02435482
    as

    Download full text from publisher

    File URL: https://ifp.hal.science/hal-02435482/document
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Christophe Barret & Philippe Chollet, 1990. "Canadian Gas Exports : Modeling a Market in Disequilibrium," Working Papers hal-02432570, HAL.
    Full references (including those not matched with items on IDEAS)

    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. Axel Pierru & Denis Babusiaux, 2000. "Coût du capital et étude de rentabilité d'investissement : une formulation unique de l'ensemble des méthodes," Working Papers hal-02437423, HAL.
    2. Axel Pierru, 2007. "Short-run and long-run marginal costs of joint products in linear programming," Recherches économiques de Louvain, De Boeck Université, vol. 73(2), pages 153-171.
    3. Vincent Brémond & Emmanuel Hache & Tovonony Razafindrabe, 2015. "On the link between oil price and exchange rate : A time-varying VAR parameter approach," Working Papers hal-03206684, HAL.
    4. Denis Babusiaux & Axel Pierru, 2009. "Investment project valuation : A new equity perspective," Working Papers hal-02469464, HAL.
    5. Elodie Sentenac-Chemin, 2009. "Is the price effect on fuel consumption symmetric ? Some evidence from an empirical study," Working Papers hal-02469516, HAL.
    6. Nadine Bret-Rouzaut & Michael Thom, 2005. "Technology Strategy in the Upstream Petroleum Supply Chain," Working Papers hal-02468377, HAL.
    7. Arash Farnoosh, 2016. "On the economic optimization of national power generation mix in Iran: A Markowitz' portfolio-based approach," Working Papers hal-02475534, HAL.
    8. Olivier Massol & Albert Banal-Estañol, 2014. "Market power across the Channel: Are Continental European gas markets isolated ?," Working Papers hal-02475017, HAL.
    9. Albert Banal-Estañol & Jeremy Eckhause & Olivier Massol, 2015. "Incentives for early adoption of carbon capture technology: further considerations from a European perspective," Working Papers hal-02475485, HAL.
    10. Anthony Paris, 2016. "The Effect of Biofuels on the Link between Oil and Agricultural Commodity Prices: A Smooth Transition Cointegration Approach," EconomiX Working Papers 2016-5, University of Paris Nanterre, EconomiX.
    11. Emmanuel Hache & Frédéric Lantz, 2011. "Oil price volatility: An Econometric Analysis of the WTI Market," Working Papers hal-02472326, HAL.
    12. Jean-Philippe Cueille & Jean Masseron, 1996. "Evolution and outlook for fossil fuel production costs," Working Papers hal-02435466, HAL.
    13. Axel Pierru, 2002. "Extension d'un théorème de dualité en programmation linéaire Application à la décomposition de coûts marginaux de long terme," Working Papers hal-02460879, HAL.
    14. Denis Babusiaux, 1999. "Mondialisation et formes de concurrence sur les grands marchés de matières premières énergétiques : Le pétrole," Working Papers hal-02437359, HAL.
    15. Denis Babusiaux, 2000. "Éléments pour l'analyse des évolutions des prix du brut," Working Papers hal-02460816, HAL.
    16. Olivier Massol, 2011. "A Cost Function for the Natural Gas Transmission Industry: Further Considerations," The Engineering Economist, Taylor & Francis Journals, vol. 56(2), pages 95-122.
    17. Benoît Chèze & Julien Chevallier & Pascal Gastineau, 2012. "Will technological progress be sufficient to stabilize CO2 emissions from air transport in the mid-term?," EconomiX Working Papers 2012-35, University of Paris Nanterre, EconomiX.
    18. Denis Babusiaux & Pierre-René Bauquis, 2007. "Depletion of Petroleum Reserves and Oil Price trends," Working Papers hal-02469371, HAL.
    19. Sandro Furlan, 1994. "L'apport de la théorie économique à la définition d'externalité," Working Papers hal-02434431, HAL.
    20. Sebastien Yafil & Denis Babusiaux, 1995. "Relationship betwenn internal rates of return and accounting rates of return," Working Papers hal-02435452, HAL.

    More about this item

    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:hal:wpaper:hal-02435482. 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: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    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.