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http://dspace.wunu.edu.ua/handle/316497/25178
Назва: | Oil and Natural Gas Trade Balance and Production Effects in the European Union and Black Sea Economic Cooperation Countries |
Автори: | Siskos, Evangelos Darvidou, Konstantia |
Ключові слова: | Oil and natural gas industry trade balance mining energy supply employment European Union Black Sea Economic Cooperation |
Дата публікації: | 2017 |
Видавництво: | TNEU |
Бібліографічний опис: | Siskos, E. Oil and Natural Gas Trade Balance and Production Effects in the European Union and Black Sea Economic Cooperation Countries [Text] / Evangelos Siskos, Konstantia Darvidou // Journal of european economy. - 2017. - Vol. 16, № 3. - P. 261-283. |
Короткий огляд (реферат): | Most European Union and Black Sea Economic Cooperation countries are net importers of petroleum and natural gas. Searching for new deposits and construction of new pipelines can improve energy security in the region. The problem is topical for Greece which has a developed refinery industry and needs to improve its trade balance to repay the accumulated external and public debt. Several new pipeline initiatives through Greece can support relations between the EU and BSEC countries. The paper provides previous research review about energy dependency and the effects of trade, production and transportation of hydrocarbons. Next we provide analysis of the effect of the trade on balance of payments in both the EU and BSEC countries. Import dependency of GDP on oil and natural gas is especially large in Malta, Georgia, Ukraine, Serbia and Latvia. On the other hand Russia and Azerbaijan are large net exporters of hydrocarbons. Then we analyse the impact of mining on labour market and refinery industry development. On average larger value added in mining leads to larger employment at least for males and middle age group of people. But the effect largely varies across countries and time periods. Together with construction of new pipe-lines growth of extraction can result in dozens of thousands of new jobs in Greece. There is a close link between value added in mining and compensation of employees in that industry. We have found evidence that the clustering effect between mining and manufacture of refined petroleum products and coke exists only in some EU countries. |
URI (Уніфікований ідентифікатор ресурсу): | http://dspace.tneu.edu.ua/handle/316497/25178 |
Розташовується у зібраннях: | Журнал європейської економіки Том 16 (№3) Вересень 2017 |
Файли цього матеріалу:
Файл | Опис | Розмір | Формат | |
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Siskos E.pdf | 229.31 kB | Adobe PDF | Переглянути/Відкрити |
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