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World Affairs Online
OIL: Supply Concerns Ease
In: Africa research bulletin. Economic, financial and technical series, Band 43, Heft 8
ISSN: 1467-6346
Offshore oil supply industries
In: Labour research, Band 62, S. 61-63
ISSN: 0023-7000
Rebalancing Oil Supply and Demand
In: International Affairs, Band 66, Heft 5, S. 72-78
OIL: SUPPLY AND DEMAND - Accidents Will Happen
In: The world today, Band 60, Heft 7, S. 7-9
ISSN: 0043-9134
Myths of military oil supply vulnerability
In: Armed forces journal international, Band 126, Heft 12/5734, S. 43-49
ISSN: 0196-3597
World Affairs Online
Forecasting oil supply: theory and practice
In: The quarterly review of economics and finance, Band 42, Heft 2, S. 373-389
ISSN: 1062-9769
Oil supply and economic development strategy
In: Journal of development economics, Band 21, Heft 1, S. 1-23
ISSN: 0304-3878
Russian Oil Supply: Performance and Prospects
In: Foreign affairs: an American quarterly review, Band 85, Heft 3, S. 168
ISSN: 2327-7793
Peak oil supply or oil not for sale?
In: Futures, Band 53, S. 74-85
Peak oil supply or oil not for sale?
In: Futures: the journal of policy, planning and futures studies, Band 53, S. 74-85
ISSN: 0016-3287
The continuing threat of oil supply interruptions
In: Journal of policy analysis and management: the journal of the Association for Public Policy Analysis and Management, Band 3, S. 393-405
ISSN: 0276-8739
The Continuing Threat of Oil Supply Interruptions
In: Journal of policy analysis and management: the journal of the Association for Public Policy Analysis and Management, Band 3, Heft 3, S. 393
ISSN: 0276-8739
Assessing financial factors for oil supply disruptions and its impact on oil supply security and transportation risks
In: Environmental science and pollution research: ESPR, Band 30, Heft 12, S. 33695-33710
ISSN: 1614-7499
Oil supply shocks and economic growth in the Mediterranean
We study how oil supply shocks affect the output growth of selected countries in the Mediterranean region. We focus on the effects of oil supply shocks on economic activity, as measured by real gross value added, for the whole economy, as well as for specific industries. We show that the response of real gross value added growth is negative and often statistically significant for net energy importers, while for net energy exporters it is not distinguishable from zero. This result holds for the aggregate economies, as well as for the selected industries. Moreover, the effects of oil supply shocks increase with the degree of energy dependence in the Mediterranean countries belonging to the European Union. Our results have several policy implications. First, the European Union should encourage projects on the efficient use of energy in the Mediterranean area. Second, European financial markets should promote appropriate financial instruments to stimulate investments in the Mediterranean energy sector. Third, international investors should consider the country-specific reactions to major macroeconomic shocks in the Mediterranean region.
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