Productivity assessment of Angola's oil blocks
Data(s) |
03/09/2009
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Resumo |
This paper analyzes the change in productivity as a result of Angola oil policy from 2001 to 2007. Angola oil blocks are the main source of tax receipts and, therefore, strategically important for public finances. A Malmquist index with the input technological bias is applied to measure productivity change. Oil blocks on average became both more efficient and experienced technological progress. Our results indicate that the traditional growth accounting method, which assumes Hicks neutral technological change, is not appropriate for analyzing changes in productivity for Angola oil blocks. Policy implications are derived. |
Identificador | |
Publicador |
0360-5442 |
Relação |
http://ac.els-cdn.com/S0360544209003569/1-s2.0-S0360544209003569-main.pdf?_tid=69b47e14-2be8-11e4-8f57-00000aab0f6b&acdnat=1408923973_694bfd4ee3696dc12393f38225781d1d DOI:10.1016/j.energy.2009.08.016 Barros, Carlos Pestana & Managi, Shunsuke (2009) Productivity assessment of Angola's oil blocks. Energy, 34(11), pp. 2009-2015. |
Direitos |
Copyright 2009 Elsevier Ltd. All rights reserved. |
Fonte |
QUT Business School; School of Economics & Finance |
Palavras-Chave | #140200 APPLIED ECONOMICS #Angola; Oil blocks; Policy implications; Productivity; Technological change |
Tipo |
Journal Article |