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2019 | OriginalPaper | Chapter

15. Impact of Price Volatility

Author : Subhes C. Bhattacharyya

Published in: Energy Economics

Publisher: Springer London

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Abstract

This chapter focuses on the issue of fluctuating energy prices and their impacts on the economy. The impact varies depending on price rise and fall. The effect varies for the importing and exporting countries as well. The purpose of this chapter is to explain the economic dimension of the problem and discuss the policies that can be taken to improve the situation.

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Footnotes
1
There is a well-developed literature on this topic. See Krichene (2006), Koyama (2005), Fattouh (2005), IMF (2000, 2005) among others for a review of issues.
 
2
History of EITI can be found here: https://​eiti.​org/​history.
 
4
Income elasticity implies a positive relationship positive relationship between income and quantity demanded of a normal good.
 
5
This is taken from Hannesson (1998).
 
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Metadata
Title
Impact of Price Volatility
Author
Subhes C. Bhattacharyya
Copyright Year
2019
Publisher
Springer London
DOI
https://doi.org/10.1007/978-1-4471-7468-4_15

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