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DYNAMIC "SWEEP EFFICIENCY" OF THE PRODUCING COUNTRIES IN THE WORLD OIL MARKET

https://doi.org/10.18384/2224-0209-2013-1-841

Abstract

This paper identifies and describes three components of the dynamic comparative analysis of competitive macroeconomic conditions in the market - a mathematical model, mathematical constructs and tools. The architectonics of this market and its terms are burdened with permanent movement. The proposed “sweep efficiency" clearly shows the relative role of this or that country in the world production, defines the time and amplitude of its “exclusion" from the market. It is rather the linguistic definition of competition is filled with analytical, graphical and numerical images. The methodology extends to cases where the collective result of the economic structure agents is additive and limited by the amount of resources. Global oil market is taken as a model object.

About the Author

F. .. Botascheva

Russian Federation


References

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ISSN 2224-0209 (Online)