Bohi, Douglas R.; Powers, John R. - In: The Review of Regional Studies 23 (1993) 2, pp. 129-142
This paper assesses the importance of energy price shocks to short-term fluctuations in state output and employment. In one set of cross-state regressions, the positive effects of energy production are compared with the negative effects of energy used in industrial production during the 1978-80...
