Understanding Crude Oil Prices

被引：25

作者：

Hamilton, James D. ^{[1
]}

机构：

[1] Univ Calif San Diego, Dept Econ, San Diego, CA 92103 USA

来源：

ENERGY JOURNAL | 2009年 / 30卷 / 02期

关键词：

GASOLINE DEMAND; OPEC; ELASTICITIES; METAANALYSIS; HYPOTHESIS; FUTURES; ENERGY; TIME;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper examines the factors responsible for changes in crude oil prices. The paper reviews the statistical behavior of oil prices, relates this to the predictions of theory, and looks in detail at key features of petroleum demand and supply. Topics discussed include the role of commodity speculation, OPEC, and resource depletion. The paper concludes that although scarcity rent made a negligible contribution to the price of oil in 1997, it could now begin to play a role.

引用

页码：179 / 206

页数：28

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