Add to ORKGHotelling under pressure / Soren T. Anderson, Ryan Kellogg, and Stephen W. Salant. Energy Institute at Haas, June 2014, 83 p. (working paper ; 250) http://ei.haas.berkeley.edu/pdf/working_papers/WP250.pdf Authors's abstract : We show that oil production from existing wells in Texas does not respond to price incentives. Drilling activity and costs, however, do respond strongly to prices. To explain these facts, we reformulate Hotelling's (1931) classic model of exhaustible resource extraction ..
Preliminary–Comments welcome This paper uses data on world oil price and consumption to calibrate a ...
Although the field of Natural Resource Economics is relatively young, its growth has been rapid and ...
We study the exploration and development of oil and gas fields in the U.S. over the period 1955-2002...
Harold Hotelling's (1931) canonical model of exhaustible resource extraction, featuring resource-ow...
For decades resource economists have relied on the seminal Hotelling paper to model extraction and p...
The Hotelling Valuation Principle (HVP) implies that the in situ value of a unit of a non-renewable ...
We propose a model to reconcile the theory of inter-temporal non-renewable resource depletion with w...
We propose a model to reconcile the theory of inter-temporal non-renewable resource depletion with w...
The Hotelling rule argues that the price for a nonrenewable resource adjusts to the shadow value of ...
The Hotelling rule argues that the price for a non-renewable resource adjusts to the shadow value of...
International audienceHarold Hotelling's 1931 contribution is known for providing a basic principle—...
The importance of the Hotelling Valuation Principle (HVP) in economic study lies in its ability to e...
Using firm-level panel data, this paper exposes differences in the dynamic oil produc- tion regime b...
The development of new production methodologies for oil and gas wells has revolutionized energy prod...
We question whether supply flexibility in oil production depends on the type of extraction technology...
Preliminary–Comments welcome This paper uses data on world oil price and consumption to calibrate a ...
Although the field of Natural Resource Economics is relatively young, its growth has been rapid and ...
We study the exploration and development of oil and gas fields in the U.S. over the period 1955-2002...
Harold Hotelling's (1931) canonical model of exhaustible resource extraction, featuring resource-ow...
For decades resource economists have relied on the seminal Hotelling paper to model extraction and p...
The Hotelling Valuation Principle (HVP) implies that the in situ value of a unit of a non-renewable ...
We propose a model to reconcile the theory of inter-temporal non-renewable resource depletion with w...
We propose a model to reconcile the theory of inter-temporal non-renewable resource depletion with w...
The Hotelling rule argues that the price for a nonrenewable resource adjusts to the shadow value of ...
The Hotelling rule argues that the price for a non-renewable resource adjusts to the shadow value of...
International audienceHarold Hotelling's 1931 contribution is known for providing a basic principle—...
The importance of the Hotelling Valuation Principle (HVP) in economic study lies in its ability to e...
Using firm-level panel data, this paper exposes differences in the dynamic oil produc- tion regime b...
The development of new production methodologies for oil and gas wells has revolutionized energy prod...
We question whether supply flexibility in oil production depends on the type of extraction technology...
Preliminary–Comments welcome This paper uses data on world oil price and consumption to calibrate a ...
Although the field of Natural Resource Economics is relatively young, its growth has been rapid and ...
We study the exploration and development of oil and gas fields in the U.S. over the period 1955-2002...