TY  - BOOK
AU  - Gately,Dermot
AU  - Streifel Shane E.
ED  - Banco Mundial
TI  - The demand for oil products in developing countries
T2  - World Bank discussion paper
SN  - 0821338919
U1  - 338.27282 21
PY  - 1997///
CY  - Washington, D.C.
PB  - World Bank
KW  - INDUSTRIA PETROLERA
KW  - 1971-1993
KW  - PRODUCTOS DEL PETROLEO
KW  - COMERCIO
KW  - PAISES EN DESARROLLO
KW  - PAISES SUBDESARROLLADOS
N1  - Incluye bibliografía; Foreword -- Abstract -- Acknowledgments -- Abbreviations and acronyms -- 1. Introduction and summary -- 2. World data, by region: population, income, energy, and oil consumption -- 3. Data for 37 developing countries: income, population, energy, and total oil consumption -- 4. Consumption of eight major oil products: data for 37 developing countries -- 5. Important phenomena affecting oil demand -- 6. Econometric analysis of demand for eight oil products -- 7. Projections of oil product demand -- 8. Conclusions -- Appendix A: Supplementary tables -- References -- List of figures -- List of tables -- Appendix tables
N2  - This paper examines the growth in oil product demand over the 1971-1993 period for 37 developing countries (outside the former Soviet Union and Eastern Europe). These countries represent 90 percent of oil demand for the developing countries, and nearly 70 percent of the world ' s population. Relationships and changes over time for energy and total oil demand with respect to income and population are examined for each of the countries and presented graphically. The paper then focuses on the eight major petroleum products -liquefied petroleum gases (LPG), naphtha, gasoline, jet fuel, kerosene, diesel (gas oil), heavy fuel oil, and other products- which are similarly examined and presented. Some of the important phenomena affecting oil demand are analyzed. Income and price elasticities are calculated for each of the eight major oil products in all 37 countries. Based on these results, oil demand projections to 2010 are presented. According to the authors, the econometric results and analysis suggest that the medium term future will be like the past. With continued growth in real income in the developing countries, oil demand should grow about as fast as income. This implies a doubling of their oil demand by year 2010, relative to their 1993 levels. The largest growth will continue to be in Asia. However, different oil demand patterns may unfold, given many uncertainties with respect to technology, industrialization, urbanization, penetration of alternative fuels, macroeconomic and financial performance, and government policies
ER  -