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Abstract

This paper identifies key determinants that appear to shape OPEC’s quota strategy and implementation. Using econometric estimations, it examines the factors that seem to most influence members’ adherence to their production commitments in the short term and what drives the organization’s quota decisions and level of compliance in the longer term.

Authors

Philipp Galkin

Philipp Galkin

Former Research Fellow Philipp is a former KAPSARC research fellow, now a visiting researcher, working on the economic and policy aspects of energy…

Expertise

  • International economic relations
  • regional and country studies and policy analysis

Publications See all Philipp Galkin’s publications

An Economic Analysis of China’s Domestic Crude Oil Supply Policies

An Economic Analysis of China’s Domestic Crude Oil Supply Policies

This paper identifies key determinants that appear to shape OPEC’s quota strategy and implementation. Using…

May 28, 2019
Balancing Energy Security Priorities: A Portfolio Optimization Approach to Oil Imports

Balancing Energy Security Priorities: A Portfolio Optimization Approach to Oil Imports

This paper identifies key determinants that appear to shape OPEC’s quota strategy and implementation. Using…

May 28, 2019
Tarek Atalla

Tarek Atalla

Former Research Associate

ZR

Zhongyuan Ren

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