The impact of higher oil prices on Southern African countries

Journal of Energy in Southern Africa

JC Nkomo¹ 

[1] Energy Research Centre, University of Cape Town;

关键词: vulnerability;    oil intensities;    price shocks;    oil dependence;   

DOI  :  10.17159/2413-3051/2006/v17i1a3373

来源: DOAJ

【 摘 要 】

In determining the magnitude of oil shocks to the economies of Southern Africa, it is essential that we examine the various components of vulnerability, as well as the crude oil price movements and the relationship between energy and development. Because energy consumers and producers are constrained by their energy consuming appliances which are fixed n the short-run, thus making it difficult to shift to less oil intensive means of production in response to higher oil prices, oil price shocks increase the total import bill for a country largely because of the huge increase in the cost of oil and petroleum products. Low-income countries and poorer households tend to suffer the largest impact from oil price rise

【 授权许可】

Unknown