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

Article English OPEN
Seyed Reza Mirnezami;
  • Publisher: AIMS Press
  • Journal: AIMS Energy (issn: 2333-8334)
  • Publisher copyright policies & self-archiving
  • Related identifiers: doi: 10.3934/energy.2015.3.267
  • Subject: TK1001-1841 | oil consumption | resource curse | economic growth | energy subsidy | energy policy | Production of electric energy or power. Powerplants. Central stations | oil supply
    mesheuropmc: health care economics and organizations

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 i... View more
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