World Oil: Market or Mayhem?

2009

281 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/9ab3674353d06c52573e6b76964100ce8729383a

Citations in the corpus

• Understanding the Decline in the Price of Oil since June 2014 (2015, unknown): “7 Smith (2009), for example, cites marginal cost estimates for Middle Eastern oil producers ranging from $5 to $10.”
• The Impact of Index and Swap Funds on Commodity Futures Markets: Preliminary Results (2010, background): “A number of economists have expressed skepticism about the bubble argument (e.g. Krugman, 2008; Pirrong, 2008; Sanders and Irwin, 2008; Smith, 2009).”
• Quantitative Effects of the Shale Oil Revolution (2015, unknown): “However other papers, such as Smith (2009), provide an estimate of the price elasticity of oil demand of about 0.05.”
• Do Speculators Drive Crude Oil Futures Prices? (2011, unknown): “Smith (2009) also provides an excellent review of the structure of the oil market and fundamentals that affected price level of crude oil in 2008. the price is high, has come under strong criticism.”
• Understanding the Decline in the Price of Oil since June 2014 (2016, unknown): “11 Smith (2009), for example, cites marginal cost estimates for Middle Eastern oil producers ranging from $5 to $10.”
• The Financialization of Commodity Markets (2014, background): “After the price boom in 2008, several economists, such as Krugman (2008), Hamilton (2009a), and Smith (2009), pointed toward the lack of inventory response to futures prices as reason to doubt speculative effects on spot prices.”
• Commodity Booms and Busts (2011, background): “For example, OPEC openly attempts to collude on crude oil production (Smith 2009), many countries set up government-backed entities to control exports and imports, and a small set of merchandising firms handle a high proportion of the international grain trade.”
• The Emperor Has No Clothes: The Limits of OPEC in the Global Oil Market (2014, unknown): “Smith 2009.”
• The Role of Time-Varying Price Elasticities in Accounting for Volatility Changes in the Crude Oil Market (2013, unknown): “However, it is not obvious to what extent trading in "paper barrels" will spill over to the physical market (Smith 2009).”
• Diversifying away the Risk of War and Cross-Border Political Crisis (2017, background): “For instance, a number of Arab OPECmembers imposed an embargo on oil exports to the US in retaliation for US help extended to Israel in the 1973 Arab-Israeli war (Smith, 2009).”
• The economics of degrowth (2012, background): “Is there evidence for these theories?Has there been a decoupling of oil andmoney supply, and has this caused the crisis? There are indications of non-increasing oil supplies in the 2000s, but it is contested whether this was due to geological limitations (the approaching peak-oil) (Chanel, 2012; Lew”
• The Great Plunge in Oil Prices: Causes, Consequences, and Policy Responses (2015, unknown): “Many of the largest oil companies are state-owned (Smith 2009) and some publicly traded ones have elevated debt-to-asset ratios.”