Pro-cyclical petroleum investments and cost overruns in Norway

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• 作者：Roy Endré ; Dahl ^{roy.e.dahl@uis.no} ; Sindre Lorentzen ^{sindre.lorentzen@uis.no} ; Atle Oglend ; ^{atle.oglend@uis.no} ; Petter Osmundsen ^{petter.osmundsen@uis.no}
• 关键词：Cost overruns ; Petroleum projects ; Business cycle ; Oil price
• 刊名：Energy Policy
• 出版年：2017
• 出版时间：January 2017
• 年：2017
• 卷：100
• 期：Complete
• 页码：68-78
• 全文大小：1686 K
• 卷排序：100

文摘

Quantitative study of cost overruns in petroleum projects. Discussion of the business cycle as a common cost overrun driver. Oil price development has significant positive effect on cost overruns. Changes in number of employees in the sector has positive effect on cost overruns.