Hotelling's Rule and Oil Prices : An Empirical Study

The general objective has been to empirically analyze how Hotelling’s rule has predicted the crude oil price development over the last 100 years and if the rule can work as a framework to predict future resource prices. Hotelling’s rule has been perceived as both outdated and relevant, during the la...

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Bibliographic Details
Main Author: Ukani, Uzair
Format: Others
Language:English
Published: Luleå tekniska universitet, Institutionen för ekonomi, teknik och samhälle 2016
Subjects:
Oil
Online Access:http://urn.kb.se/resolve?urn=urn:nbn:se:ltu:diva-61233