Modeling on Oil-importing Risk under Risk Correlation
As the world economic power and military strength change, a new round of contention for energy has started. What will be the sticking point is whether China can access to adequate oil resources safely in the new redistribution of energy resources which may impact Chinas oil imports and energy supply in the future. Based on the Herfindahl-Hirschman Index, in this paper we propose an improved methodology applicable to evaluating the country risk that oil-importing countries face. The OICR index for the world s major oil-importing countries against 17 major oil-producing countries is calculated and analyzed, and then some suggestions about Chinas oil importing strategy are given.
Wan He Xiaolei Sun Ling Tang Jianping Li
School of Economics, Renmin University of China, Beijing, 100872, P.R.China Institute of Policy and Management, Chinese Academy of Sciences, Beijing, 100190, P.R.China Graduate Institute of Policy and Management, Chinese Academy of Sciences, Beijing, 100190, China
国际会议
三亚
英文
1484-1488
2009-04-24(万方平台首次上网日期,不代表论文的发表时间)