The Potential Macroeconomic Impact of the Unconventional Oil and Gas Boom in the United States /

This paper uses two of the IMF's structural macroeconomic models to estimate the potential global impact of the boom in unconventional oil and natural gas in the United States. The results suggest that the impact on the level of U.S. real GDP over roughly the next decade could be significant, b...

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Detalles Bibliográficos
Autor Principal: Hunt, Benjamin
Outros autores: Muir, Dirk, Sommer, Martin
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/092
Acceso en liña:Full text available on IMF
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245 1 4 |a The Potential Macroeconomic Impact of the Unconventional Oil and Gas Boom in the United States /  |c Benjamin Hunt, Dirk Muir, Martin Sommer. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2015. 
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490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper uses two of the IMF's structural macroeconomic models to estimate the potential global impact of the boom in unconventional oil and natural gas in the United States. The results suggest that the impact on the level of U.S. real GDP over roughly the next decade could be significant, but modest, ranging between 1 and 1 1\2 percent. Further, while the impact on the U.S. energy trade balance will be large, most results suggest that its impact on the overall U.S. current account will be negligible. The impact outside of the United States will be modestly positive on average, but most countries dependent on energy exports will be affected adversely. 
538 |a Mode of access: Internet 
700 1 |a Muir, Dirk. 
700 1 |a Sommer, Martin. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2015/092 
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