气候变化领域集成服务门户(CCPortal): Rationalizing energy policy reforms in the gulf cooperation council: Implications from an institutional analysis

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DOI	10.1016/j.enpol.2020.111545
	Rationalizing energy policy reforms in the gulf cooperation council: Implications from an institutional analysis
	Tsai I.-T.; Mezher T.
发表日期	2020
ISSN	03014215
卷号	142
英文摘要	The Gulf Cooperation Council (GCC) states are undertaking a number of energy policy reforms to cope with challenges from geopolitical tension and oil revenue depletion. These reforms are, however, different from those implemented in the western world for post-oil transition. This paper analyzes post-reformed state control over energy assets and energy transactions to provide an institutional view on the rationality of GCC's unique reform approach. Our study shows persistent but re-programmed state dominance over the energy sector, with energy assets owned either by national oil companies, non-oil state-owned enterprises, or public-private-partnership (PPP) agents with state ownership; and energy transactions governed either by state regulation or PPP contracts in the absence of any market mechanism. This institutional setting may allow the authority to sustain the legacy rentier social contract by expanding state-controlled rent source from oil to non-oil revenue and replacing low-power energy subsidy with high-power state-provided jobs as the rent for transfer. This institutional motivation will ultimately jeopardize market-based reforms and large-scale carbon regulation in the region. We elaborate the theoretical implications and discuss near-term development of GCC's energy policy reforms under the institutional-alignment constraints. © 2020 Elsevier Ltd
关键词	Energy policymaking Political institutions Rentier states
英文关键词	Commerce; Energy policy; Carbon regulations; Gulf Cooperation Council; Institutional analysis; Institutional setting; Market mechanisms; National Oil Company; Public private partnerships; State regulations; Petroleum industry; Arab world; energy policy; institutional framework; international cooperation; oil industry; policy reform; state role; subsidy system; Arabian Sea; Indian Ocean; Persian Gulf
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/204893
作者单位	School of Economics and Management, Tongji University, Shanghai, China; Department of Engineering Systems and Management, Khalifa University of Science and Technology, Abu Dhabi, United Arab Emirates
推荐引用方式 GB/T 7714	Tsai I.-T.,Mezher T.. Rationalizing energy policy reforms in the gulf cooperation council: Implications from an institutional analysis[J],2020,142.
APA	Tsai I.-T.,&Mezher T..(2020).Rationalizing energy policy reforms in the gulf cooperation council: Implications from an institutional analysis.Energy Policy,142.
MLA	Tsai I.-T.,et al."Rationalizing energy policy reforms in the gulf cooperation council: Implications from an institutional analysis".Energy Policy 142(2020).