53 0

Full metadata record

DC FieldValueLanguage
dc.contributor.author김진수-
dc.date.accessioned2018-03-16T06:39:19Z-
dc.date.available2018-03-16T06:39:19Z-
dc.date.issued2014-03-
dc.identifier.citationGeosystem engineering, Vol.17 No.1 [2014], pp. 22-33(12쪽)en_US
dc.identifier.issn1226-9328-
dc.identifier.issn21663394-
dc.identifier.urihttp://www.tandfonline.com/doi/full/10.1080/12269328.2014.887050-
dc.identifier.urihttp://hdl.handle.net/20.500.11754/48000-
dc.description.abstractThis study examines the influence of competing economic, uncertainty, and geological factors in driving the exploration investment of organization of petroleum exporting countries (OPEC) countries. We specify and estimate a fixed-effects model with Driscoll?Kraay standard errors on data for 1980?2011. Our findings show a significant positive influence of oil prices, production, reserves replacement, and the geological potential of petroleum basins. The results also reveal a significant negative influence of resource depletion on exploration expenditure. In terms of impact, the estimated results show a significant elastic response of exploration investment to changes in oil prices and production, suggesting the dominating influence of economic factors on exploration investment behavior. From policy perspectives, the estimated results suggest the desirability of OPEC’s market development policies to favour high oil prices to ensure fair returns on exploration investments and justify incremental investments. Similarly, production control policies have the potential to impede exploration investment.en_US
dc.language.isoko_KRen_US
dc.publisher대한광산학회;한국자원공학회;한국지구시스템공학회en_US
dc.subjectexploration investmenten_US
dc.subjectOPECen_US
dc.subjectoil priceen_US
dc.subjectgeological factorsen_US
dc.subjectpanel analysisen_US
dc.titleEmpirical analysis of competing factors influencing exploration investment in international oil and gas industry: Evidence from OPEC countriesen_US
dc.typeArticleen_US
dc.relation.no1-
dc.relation.volume17-
dc.relation.page22-33-
dc.relation.journalGeosystem Engineering-
dc.contributor.googleauthor김진수-
dc.contributor.googleauthor허은녕-
dc.contributor.googleauthorHeo, Eunnyeong-
dc.contributor.googleauthorNuhu, Habib-
dc.contributor.googleauthorKim, Jinsoo-
dc.relation.code2014009427-
dc.sector.campusS-
dc.sector.daehakCOLLEGE OF ENGINEERING[S]-
dc.sector.departmentDEPARTMENT OF EARTH RESOURCES AND ENVIRONMENTAL ENGINEERING-
dc.identifier.pidjinsookim-
Appears in Collections:
COLLEGE OF ENGINEERING[S](공과대학) > EARTH RESOURCES AND ENVIRONMENTAL ENGINEERING(자원환경공학과) > Articles
Files in This Item:
There are no files associated with this item.
Export
RIS (EndNote)
XLS (Excel)
XML


qrcode

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.

BROWSE