Analyzing Oil Production in Developing Countries: A Case Study of Egypt
Christopher Heye and
The Energy Journal, 1990, vol. Volume 11, issue Number 3, 91-116
This article presents a detailed simulation analysis of the domestic oil sector in Egypt; a near-typical, non-OPEC, oil-producing developing country. Egypt is a small producer by international standards, yet significant enough that its oil production is important for the country's economy and under certain conditions, for the international oil market as well. A dynamic computer simulation model that depicts significant characteristics of the country's oil sector is utilized to explore the implications of alternative scenarios for government policies, world oil prices, and geological parameters on patterns of production, exports, and export earnings.
JEL-codes: F0 (search for similar items in EconPapers)
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