Economic Development Planning in Oil Economies

A Dynamic Computable General Equilibrium Analysis
by Hodjat Ghadimi - Sold by Dodax EU
State: New
(RRP): £54.00
Savings: £8.01 (15%)
VAT included - FREE Shipping
Hodjat Ghadimi Economic Development Planning in Oil Economies
Hodjat Ghadimi - Economic Development Planning in Oil Economies

Do you like this product? Spread the word!

£45.99 incl. VAT
Only 1 items available Only 1 items available
Delivery: between 2021-03-11 and 2021-03-15
Sales & Shipping: Dodax EU


Revision with unchanged content. Oil exporting developing countries have the common problem of how best to transform their valuable but nonrenewable oil reserves into a permanent flow of income for achieving their long term development objectives. The most fundamental dynamic choices of these economies can be summarized in three basic questions: i) how much to extract, ii) how much to invest, and iii) where to invest. In other words, a sustainable development path in the case of these economies involves the optimal depletion of their exhaustible resource, allocation of revenues generated by the resource, and the optimal composition of their investment funds. This study presents a dynamic computable general equilibrium (CGE) model to explore issues related to economic development in these resource dependent economies by focusing on the case of Iran. The proposed model consists of a price endogenous CGE model, simulating workings of a market economy, embedded in an inter-temporal optimal growth and development model. The model is bench marked for the Iranian data and is used to examine the issues related to optimal extraction of an exhaustible resource, optimal savings in the economy, and the allocation of investment funds. The book is addressed to those interested in the economic development of oil economies, energy planning, and sustainable development.


Author Hodjat Ghadimi

Product Details


GTIN 9783639452136

Pages 300

Product type Paperback

Dimension 8.66 x 5.91 x 0.59  inches

Product Weight 14.60 ounces

We use cookies on our website to make our services more efficient and more user-friendly. Therefore please select "Accept cookies"! Please read our Privacy Policy for further information.