oil: UK oil investments between 1969 and 1992

In Rkabacoff/qacr: Functions to Facilitate Data Science Projects

Description

Dataset on oil investment

Usage

oil

Format

A data frame with 53 rows and 12 variables:

dur

duration of the appraisal lag in months (time span between discovery of an oil field and beginning of development, i.e. approval of annex

size

size of recoverable reserves in millions of barrels

waterd

depth of the sea in metres

gasres

size of recoverable gas reserves in billions of cubic feet

operator

equity market value (in 1991 million pounds) of the company operating the oil field

p

real after–tax oil price measured at time of annex B approval

vardp

volatility of the real oil price process measured as the squared recursive standard errors of the regression of pt-pt-1 on a constant

p97

adaptive expectations (with parameter theta=0.97) for the real after–tax oil prices formed at the time of annex B approval

varp97

volatility of the adaptive expectations (with parameter theta=0.97) for real after tax oil prices measured as the squared recursive standard errors of the regression of pt on pte(theta)

p98

adaptive expectations (with parameter theta=0.98) for the real after–tax oil prices formed at the time of annex B approval

varp98

volatility of the adaptive expectations (with parameter theta=0.98) for real after tax oil prices measured as the squared recursive standard errors of the regression of pt on pte(theta)

Details

Data for oil investments between the period 1969 to 1992 in the United Kingdom.

Source

Datasets from vincentarelbundock on github.

Examples

summary(oil)

Rkabacoff/qacr documentation built on March 20, 2021, 3:03 p.m.