An Economic Analysis of Petroleum and Military Security in the Persian Gulf.
| dc.contributor.author | Chapman, Duane | |
| dc.contributor.author | Khanna, Neha | |
| dc.date.accessioned | 2019-10-15T18:33:48Z | |
| dc.date.available | 2019-10-15T18:33:48Z | |
| dc.date.issued | 1999-11 | |
| dc.description.abstract | Geologic estimates ofremainingglobalpetroleum resourcesplace about 50% in the Persian Gulf. Production costs are estimated at $5 per barrel there, and $15 per barrel in the North Sea andAlaska. Using mathematical methods derivedfrom depletion theory, the present valueofeconomicrentfromoilisontheorder of$20trillion. Gametheoryisutilizedtoexplain the $15-$20 per barrel price band that eXistedfrom 1986 to 1999; new economicforces may displace this stable pattern. International trade in petroleum and conventional weapons are analyzedwitheconometricmethods; theoccurrence ofnuclearweaponscapabilityisexplored | |
| dc.identifier.uri | https://hdl.handle.net/1813/68255 | |
| dc.language.iso | en_US | |
| dc.publisher | Charles H. Dyson School of Applied Economics and Management, Cornell University | |
| dc.title | An Economic Analysis of Petroleum and Military Security in the Persian Gulf. | |
| dc.type | article | |
| dcterms.license | http://hdl.handle.net/1813/57595 |
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