Coping with Higher Oil Prices

作者: Masami Kojima , Robert Bacon

DOI:

关键词: Fossil fuelNatural resource economicsCommerceTerms of tradeDemand managementLiquefied petroleum gasPetroleumNatural resourcePetroleum productEconomicsPrice elasticity of demand

摘要: The rise in oil prices and the associated increase of petroleum products that has occurred since beginning 2004 are having adverse effects on users all countries. In many developing countries, price increases have generated considerable pressure for government response to lessen burden higher world prices, policies minimize budgetary support met with fierce opposition. individual characteristics strongly influence way consumers react various might be tried. Some policy measures effective other items purpose protecting consumers, especially poor, from not necessarily suitable or products.

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