Since 2014
La rivoluzione dello shale oil e i mercati finanziari (The Shale Oil Revolution and Financial Markets)
Moneta e Credito
View Archive Info| Field | Value | |
| Title |
La rivoluzione dello shale oil e i mercati finanziari (The Shale Oil Revolution and Financial Markets)
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| Creator |
Roncaglia, Alessandro; Sapienza Università di Roma
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| Subject |
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Shale Oil, Oligopoly, Financial Markets L13, L71, Q41 |
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| Description |
Shale oil exhibits structural characteristics that set it apart from ‘traditional’ oil, such as the shorter time required to build new plants, the shorter duration of the investment, and a lower ratio of fixed to variable costs. These differences imply a lower degree of oligopolistic control of the market, which in the medium term could lead to further downward pressure on prices. However, the high degree of financialization of these markets makes it a necessary condition, for such a regime change to materialize, that financial market operators internalize new behavioural and procedural conventions, adapted to the changed technological scenario. Keywords: Shale Oil, Oligopoly, Financial MarketsJEL codes: L13, L71, Q41
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| Publisher |
Associazione Economia civile
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| Contributor |
—
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| Date |
2017-07-18
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Articolo peer-review |
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| Format |
application/pdf
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| Identifier |
http://ojs.uniroma1.it/index.php/monetaecredito/article/view/13939
10.13133/2037-3651_70.278_4 |
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| Source |
Moneta e Credito; Vol 70, N° 278 (2017): giugno; 173-193
Moneta e Credito; Vol 70, N° 278 (2017): giugno; 173-193 2037-3651 |
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| Language |
ita
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| Relation |
http://ojs.uniroma1.it/index.php/monetaecredito/article/view/13939/13711
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| Rights |
Copyright (c) 2017 Alessandro Roncaglia
http://creativecommons.org/licenses/by-nc-nd/4.0 |
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