Limits to International Diversification in Oil and Gas - Domestic vs. Foreign Asset Control
نویسندگان
چکیده
منابع مشابه
International Diversification in Bank Asset Portfolios
Through their transformation of assets, banks carry a considerably degree of non-diversifiable economic risks on their books, and given that banks are extremely sensitive to deadweight costs of financial distress, we ask whether international extensions of credit may improve the diversification of such risks. Using an unpublished data set on the cross-border claims of banks located in four coun...
متن کاملInternational Portfolios, Capital Accumulation and Foreign Asset Dynamics International Portfolios, Capital Accumulation and Foreign Assets Dynamics
Despite the liberalization of capital ows among OECD countries, equity home bias remains sizable. We depart from the two familiar explanations of equity home bias: transaction costs that impede international diversi cation, and terms of trade responses to supply shocks that provide risk sharing, so that there is little incentive to hold diversi ed portfolios. We show that the following ingredi...
متن کاملEconometrics and Metaheuristic Optimization Approaches to International Portfolio Diversification
Using advanced techniques of econometrics and a metaheuristic optimization approach, this study attempts to evaluate the potential advantages of international portfolio diversification for East Asian international investors when investing in the Middle Eastern emerging markets. Overall, the results of both econometric and the metaheuristic optimization methods are supporting each other. Finding...
متن کاملforeign investment in oil and gas upstream
investment in oil and gas upstream activities is very important for the exploration and development of oil and gas fields. different and various laws and regulations deal with the investment in upstream operations. by reviewing these various laws and regulations, this research paper tries to discuss to what extent these laws and regulations have created legal confident for foreign investment up...
متن کاملconsequence analysis of the leakage, ignition and explosion during high pressure sour gas injection process to the oil reservoir
there is no doubt that human being needs to become integrated with industry and industry needs to be progressed, daily. on the other hand, serious events in industrial units specially in oil industries has been shown that such damages and events are industry related ones. the consequence of such events and damages which resulted in chemical and poisoned explosions and loss of life and property ...
ذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2009
ISSN: 1556-5068
DOI: 10.2139/ssrn.1351785