[PDF.02kx] The Supply of Petroleum Reserves in South-East Asia: Economic Implications of Evolving Property Rights Arrangements (Natural Resources of South-East Asia)

The Supply of Petroleum Reserves in South-East Asia: Economic Implications of Evolving Property Rights Arrangements (Natural Resources of South-East Asia)

[PDF.bf43] The Supply of Petroleum Reserves in South-East Asia: Economic Implications of Evolving Property Rights Arrangements (Natural Resources of South-East Asia)

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 |  1980-06-30 | Original language:English | PDF # 1 |  .0 x.0 x.0l,1.01 | File type: PDF | 260 pages

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which may be termed 'political. risks'-may be important deter­ minants of investment. After taking such risks into consideration in the exploration and development stage, a firm computing the pres­ ent value of its probable income stream must consider several other factors. In addition to the current rate of production, it must con­ sider these: (I) engineering limits to the rate of extraction in any given period, (2) physical limits to the total amount of th...

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