Search

Begin New Search
Proceed to Checkout

Search Results for All:
(Showing results 1 to 4 of 4)



Notes - A Comparison of Original Costs and Trended Original Cost Ratemaking Methods

Robert E. Anderson and David E. Mead

Year: 1983
Volume: Volume 4
Number: Number 2
DOI: 10.5547/ISSN0195-6574-EJ-Vol4-No2-11
No Abstract









The Adjustment of U.S. Oil Demand to the Price Increases of the 1970s

Dermot Gately and Peter Rappoport

Year: 1988
Volume: Volume 9
Number: Number 2
DOI: 10.5547/ISSN0195-6574-EJ-Vol9-No2-7
View Abstract

Abstract:
Since the 1979-80 oil price doubling, U.S. oil consumption has declined by about 20 percent, in part because of price-induced conservation. This has caused self-congratulatory euphoria, especially in the first few months of 1986, when both the oil price and OPEC were collapsing. We argue here that the euphoria could well be short-lived. U.S. oil consumption will resume its growth and, within five to ten years, could be higher than ever. Combining these results with the consensus projection of declining domestic production, the outlook for rapidly growing dependence on imported oil is disturbing. Plus ca change, plus c'est la meme chose.



Oil Demand in the Industrialized Countries

Joyce Dargay and Dermot Gately

Year: 1994
Volume: Volume 15
Number: Special Issue
DOI: 10.5547/ISSN0195-6574-EJ-Vol15-NoSI-4
View Abstract

Abstract:
This paper surveys OECD energy and oil demand over the past three decades, analyzing the different paths of transportation oil, non-transportation oil, and non-oil energy-both over time, and relative to income growth. We review both the OECD as a whole, and make regional comparisons within the OECD. We focus especially on the price-irreversibility of oil demand: why oil demand has not surged now that oil prices have returned to pre-1974 levels.Among our conclusions are the following. Mere has been an asymmetric, smaller demand response to the price decreases of the 1980s than to the price increases of the 1970s. We expect a smaller demand response to future price increases than to those of the 1970s. The demand response to future income growth will be not substantially smaller than in the past. Finally, given the prospect of growing dependence on OPEC oil, in the event of a major disruption the lessened responsiveness of demand to price increases could cause dramatic price increases and serious macroeconomic effects.



Macroeconomic Responses to Oil Price Increases and Decreases in Seven OECD Countries

Knut Anton Mork, Oystein Olsen, and Hans Terje Mysen

Year: 1994
Volume: Volume15
Number: Number 4
DOI: 10.5547/ISSN0195-6574-EJ-Vol15-No4-2
View Abstract

Abstract:
The correlations between oil-price movements and GDP fluctuations are investigated for the United States, Canada, Japan, Germany (West), France, the United Kingdom, and Norway. The responses to price increases and decreases are allowed to be asymmetric. Bivariate correlations as well as partial correlations within a reduced-form macroeconomic model are considered. The correlations with oil-price increases are negative and significant for most countries, but positive for Norway, whose oil-producing sector is large relative to the economy as a whole. The correlations with oil-price decreases are mostly positive, but significant only for the United States and Canada. Most countries show evidence of asymmetric effects, with Norway again as an exception.





Begin New Search
Proceed to Checkout

 

© 2022 International Association for Energy Economics | Privacy Policy | Return Policy