Author: Charles S. StruckmeyerPublisher:
ISBN:
Category : Capital
Languages : en
Pages : 70
Book Description
The Impact of Energy Price Shocks on Capital Formation and Economic Growth in a Putty-clay Technology
Author: Charles S. StruckmeyerPublisher:
ISBN:
Category : Capital
Languages : en
Pages : 70
Book Description
OPEC and the Price of Petroleum
Author: Michael RauscherPublisher: Springer Science & Business Media
ISBN: 3642839266
Category : Business & Economics
Languages : en
Pages : 220
Book Description
1. 1. Oil price fluctuations and their impact on economic performance Drastic oil price fluctuations have been a major characteristic of the world petroleum market since the beginning of the seventies. The oil crises of 1973n4 and 1979/80 were followed by a dramatic drop of the oil price during the first two quarters of 1986. Starting from a level less than 2 $ per barrel in 1972, the spot market price of Arabian Light crude oil increased to some 35 $ in 1980, then slowly decreased, and finally fell to 13 $ in 1986 (annual averages). If monthly data are considered, the peaks of the oil price movement look even more dramatic. In December 1980 Arabian crude was traded for more than 40 $ a barrel, and in August 1986 the price was down at 8 $ (see Fig. 1. 1). 40 30 20 10 r o 84 88 76 80 72 Figure 1. 1: The spot market price of Saudi-Arabian Light crude oil! ! Data are taken from the Petroleum Economist and the OPEC Bulletin, various issues. 2 After the Second World War petroleum has become the most important energy resource. During the fifties and sixties its price was relatively low compared to other energy 2 sources like coal and firewood and it tended to drive them out of the market.
Working Paper Series
Author: The Putty-clay Perspective on the Capital-energy Complementarity Debate
Author: Charles S. StruckmeyerPublisher:
ISBN:
Category : Capital
Languages : en
Pages : 40
Book Description
Southern Economic Journal
Author: Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 1152
Book Description
Contains section : Book reviews.
The Effect of Relative Prices Changes on Capital Utilization and Replacement in a Cobb-Douglas Technology
Author: Stephen OlinerPublisher:
ISBN:
Category : Capital
Languages : en
Pages : 32
Book Description
The Effect of Taxes on Money Demand and Aggregate Demand
Author: Darrel CohenPublisher:
ISBN:
Category : Demand for money
Languages : en
Pages : 58
Book Description
Literatura econômica
Author: Publisher:
ISBN:
Category : Brazil
Languages : en
Pages : 660
Book Description
Consists of abstracts of articles from Brazilian economic periodicals, and provides tables of contents for various other international periodicals.
Putty Clay Technology, Labor and Energy Demand
Author: Göran ErikssonUnbiased Estimation of the Inflationary Effects of Relative Price Disturbances
Author: David J. StocktonPublisher:
ISBN:
Category : Economic forecasting
Languages : en
Pages : 26
Book Description