Oil Prices, Energy Security, and Import Policy

Oil Prices, Energy Security, and Import Policy

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This book, first published in 1982, takes the interaction between the domestic economy and the international trade in oil and, through the use of a consistent microeconomic framework, examines the conditions under which energy and related policies may or may not improve the performance of the U.S. economy, during both normal periods and old supply disruptions. This title will be of interests to students of environmental management.It is more difficult to estimate demand curves from market data because of private adjustments to disruption risks. Because consumption points do not fall along a long-run demand curve, those observations cannot be used to estimate long-run anbsp;...

Title:Oil Prices, Energy Security, and Import Policy
Author: Douglas R. Bohi, W. David Montgomery
Publisher:Routledge - 2015-08-11

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