Oil Prices and the Global Economy : A General Equilibrium Analysis

A global computable general equilibrium model is used to analyze the economic impacts of rising oil prices with endogenously determined availability of biofuels to mitigate those impacts. The negative effects on the global economy are comparable to those found in other studies, but the impacts are u...

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Bibliographic Details
Main Author: Timilsina, Govinda R.
Language:en_US
Published: Elsevier 2015
Subjects:
Online Access:http://hdl.handle.net/10986/22704