Oil Price Risks and Pump Price Adjustments

Between 1999 and 2008, world oil prices more than quadrupled in real terms. For oil importers, vulnerability to oil price increases, defined as the share of gross domestic product spent on net oil imports, rose considerably. Considering medians, lo...

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Bibliographic Details
Main Author: Kojima, Masami
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
GAS
OIL
Online Access:http://documents.worldbank.org/curated/en/2012/10/16831268/oil-price-risks-pump-price-adjustments
http://hdl.handle.net/10986/12062