Do Oil-Producing Countries Have Normal Oil Overconsumption? An Investigation of Economic Growth and Energy Subsidies

The data shows that oil-producing countries have low oil retail prices and low economic growth compared with other countries. Considering that oil-producing countries experience high oil consumption and low economic growth, it is possible to argue that economic growth is not an appropriate justifica...

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Bibliographic Details
Main Author: Seyed Reza Mirnezami
Format: Article
Language:English
Published: AIMS Press 2015-07-01
Series:AIMS Energy
Subjects:
Online Access:http://www.aimspress.com/energy/article/333/fulltext.html