ENERGY PRICES ON TRANSPORTATION AND STORAGE SECTOR’S EQUITY RETURNS: THE IRANIAN CASE by ABSTRACT The purpose of this study is to examine the effect of oil and gas prices on transportation and storage sector’s equity returns in Iran. To this end, we analyze Iranian transportation and storage sector index for the period from the first week of January 2005 until the third week of March 2010. Based on the multifactor model and using time-series regression, our findings indicate that oil price is not
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spend more money on goods and services. In the growth stage of an economic cycle, demand typically outstrips the supply of goods, and producers can raise their prices. As a result, the rate of inflation increases. If economic growth accelerates very rapidly, demand grows even faster and producers raise prices continually. An upward price spiral, sometimes called “runway inflation” or “hyperinflation”, can result. The inflation syndrome is sometimes described as “too many dollars chasing too few
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easy-money policies that could spell trouble for the global economy. A series of global market routs and rising recession risks have raised the stakes for the Group of 20 leading economies as they try to craft a coordinated strategy to boost the world’s economic output and calm investor jitters. The problem is figuring out how to revive demand in a world where central banks are running out of gas and most of the world’s biggest growth engines are downshifting, idling or struggling to get out of first
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Copies of this report are available to the public from International Monetary Fund Publication Services PO Box 92780 Washington, D.C. 20090 Telephone: (202) 623-7430 Fax: (202) 623-7201 E-mail: publications@imf.org Web: http://www.imf.org Price: $18.00 per printed copy International Monetary Fund Washington, D.C. © 2015 International Monetary Fund MALAYSIA January 23, 2015 STAFF REPORT FOR THE 2014 ARTICLE IV CONSULTATION KEY ISSUES Near-term outlook. Prospects for Malaysia’s
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good quality food and was a short drive away from several large companies, allowing for it to draw a large amount of business. Next to the cash register was a “fuel fund” bucket for customers to ‘donate’ money to a fund to help employees with the rising gas costs at that time. When using a debit/credit card, patrons could also add a tip. It was discovered that patrons who were not leaving tips and instead leaving the field blank were being charged an average of $2-$6 per transaction by the restaurant
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INTRODUCTION ONGC Videsh Limited (OVL) is a wholly owned subsidiary of Oil and Natural Gas Corporation Limited (ONGC), a Central Public Sector Enterprise/Undertaking (CPSE/CPSU) of the Government of India, under the administrative control of the Ministry of Petroleum & Natural Gas (2MoP&NG). OVL is engaged in exploration and production of oil and gas outside India. OVL was incorporated as Hydrocarbons India Private Limited, on March 5, 1965 with registered office in New Delhi to perform
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STEEP Social/Demographic - Demand shifting from OECD countries. - Technological - Economical - Rising price of fossil fuels. - Growing demand for cars, as much as a 50% increase by 2010, could certainly drive up the price of gas, which in turn could eventually decrease demand and make people shift to public transportation, or bicycles, for example. - Countries adopted trade barriers to protect local automobile industry. Therefore, if a car maker wanted to enter the market, they would need
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fuel efficiency that each automaker is introducing into the market. When gas and oil prices began to rise, we then saw an increase in demand for more fuel efficient vehicles, American automakers were not in competition with Japanese automakers for small fuel efficient vehicles, causing an abrupt change in supply and demand amongst American automakers. The law of demand states that if all other factors are equal, the price value of a good or service increases. Consumer demand for a commodity will
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computer chips supply equilibrium will have a shift on its equilibrium as the market gets saturated and demand starts to drop. Price elasticity of demand (PED). Price elasticity in demand is the quantitative response in increase or decrease of a good/service in response to a certain change in price. The change in quantity is related to a one percent change in price while other determining factors remain
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