The energy crisis and its impact on the stability of the demand for factors of production

Noel D. Uri

Applied Energy, 1983, vol. 13, issue 4, 294 pages

Abstract: This paper addresses the question of the stability of the demand for the factors of production at the aggregate level for United States manufacturing over the period 1947 to 1976. The results are conclusive. The demand for capital and labour has remained virtually constant over the period of investigation whilst the relative importance of the factors affecting the demand for energy has changed in a statistically significant fashion.

Date: 1983
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