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2022 | OriginalPaper | Buchkapitel

Relationship Between Economic Growth and Oil Production in Emerging Countries for the Period 2020–2050

verfasst von : Leovardo Mata Mata, Jaime Humberto Beltran Godoy

Erschienen in: Data Analytics Applications in Emerging Markets

Verlag: Springer Nature Singapore

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Abstract

An algorithm of dynamic programming in Montecarlo simulation is developed to analyze the international oil market towards the year 2050. The leading oil exporters are considered, and it is found that the positive relationship between economic growth and oil production will go decreasing. The model suggests that the combination of renewable energies, oil, natural gas, and others will be the variable that will influence economic growth, where oil will no longer be the main actor.

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Metadaten
Titel
Relationship Between Economic Growth and Oil Production in Emerging Countries for the Period 2020–2050
verfasst von
Leovardo Mata Mata
Jaime Humberto Beltran Godoy
Copyright-Jahr
2022
Verlag
Springer Nature Singapore
DOI
https://doi.org/10.1007/978-981-19-4695-0_7

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