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Energy Demand Management and Pricing in Oil-Exporting Countries: Venezuela and Mexico

Energy Demand Management and Pricing in Oil-Exporting Countries: Venezuela and Mexico Department of Economics, Hunter College of the City University of New York, Box 1307,695 Park Avenue,New York,New York 10021 The demand for energy in oil-exporting nations is important for its effects on both oil-exporting and oil-importing nations. Energy demand man­ agement takes place in the context of energy policy and national develop­ ment plans, because the demand for energy is derived from the demand for other products, and because national goals are more important than those of a single sector. Energy demand is managed both through actions within nations and, in some cases, through actions of international pro­ ducers' associations, such as the Organization of Petroleum Exporting Countries (OPEC), or international consumers' groups, such as the Inter­ national Energy Agency. Management policies influence both the volume of energy produced and the share of energy supplied by each fuel. They influence the subsidy, if any, received by each income group and economic sector, and affect the income produced by sales of energy, i.e. the govern­ ment receipts from taxation of fuels. The energy demand management policies of Venezuela and Mexico are chosen for study because of Venezuela's historic importance as a world exporter, stable supplier of oil,and creator of http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Annual Review of Environment and Resources Annual Reviews

Energy Demand Management and Pricing in Oil-Exporting Countries: Venezuela and Mexico

Randall, L
Annual Review of Environment and Resources , Volume 11 (1) – Nov 1, 1986
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Publisher
Annual Reviews
Copyright
Copyright 1986 Annual Reviews. All rights reserved
Subject
Review Articles
ISSN
1543-5938
DOI
10.1146/annurev.eg.11.110186.001305
Publisher site
See Article on Publisher Site

Abstract

Department of Economics, Hunter College of the City University of New York, Box 1307,695 Park Avenue,New York,New York 10021 The demand for energy in oil-exporting nations is important for its effects on both oil-exporting and oil-importing nations. Energy demand man­ agement takes place in the context of energy policy and national develop­ ment plans, because the demand for energy is derived from the demand for other products, and because national goals are more important than those of a single sector. Energy demand is managed both through actions within nations and, in some cases, through actions of international pro­ ducers' associations, such as the Organization of Petroleum Exporting Countries (OPEC), or international consumers' groups, such as the Inter­ national Energy Agency. Management policies influence both the volume of energy produced and the share of energy supplied by each fuel. They influence the subsidy, if any, received by each income group and economic sector, and affect the income produced by sales of energy, i.e. the govern­ ment receipts from taxation of fuels. The energy demand management policies of Venezuela and Mexico are chosen for study because of Venezuela's historic importance as a world exporter, stable supplier of oil,and creator of

Journal

Annual Review of Environment and Resources – Annual Reviews

Published: Nov 1, 1986

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