The purpose of this study is to examine three issues concerning the imports of crude oil by the United States. First, the question of whether crude oil imports respond to relative price changes is asked. Second, if crude oil imports do respond to such a factor, what is the nature of this...

This paper uses an aggregate modelling approach to assess the impact of taxes in refined-petroleum products on the Philippine's economy. The approach used in the analysis consists of a general equilibrium model composed of 14 producing sectors, 14 consuming sectors, three household categories...

This paper analyzes the effects of the Persian Gulf conflict on the level of economic activity, employment and inflation in the United States. Impacts on other countries are not examined in this study. Many of the impacts are difficult to quantify objectively. One factor that can be subjected to...

The analysis presented in this paper examines the US impact of raising the excise tax on gasoline on the US economy. The analytical approach used in the analysis consists of a computable general equilibrium model composed of fourteen producing sectors, fourteen consuming sectors, six household...

An important issue with regard to the overall effectiveness of conservation-tillage practices in reducing the impact of agricultural production on the environment concerns what happens to energy, pesticide and fertilizer use as these practices are more extensively adopted. To gain some insight...

This paper endeavours to study the changes in the distribution of aggregate employment variation among manufacturing industries. Within the structure developed, estimates of the effects of energy on the distribution of employment and on the distribution of changes in employment between various...

The manufacture and distribution of phosphate rock and its associated products are large consumers of energy. As a consequence, a change in the price of energy can have a quite substantial effect on the cost of production. This will affect the price that the product can be sold for. Whether this...

This analysis is directed at looking at the impact of changing prices on the sectoral demand for electrical energy in the United States. By using a cross correlation test for unidirectional causality, it is shown that, in the case of the residential demand, the commercial demand and the...

The relationship between energy expenditure and the use of conservation tillage is of special importance in addressing concerns about the impact of agricultural production on the environment in the US. After establishing that a relationship exists between the price of energy and the use of...

There is no question that energy is an important ingredient in the development of any country. Unfortunately, the ability of less-developed countries to respond to the particular nuances of the energy market is not well understood. This paper endeavors to look at one aspect of this potential...