The project independence construction program—resource impacts

Clark W. Bullard and David A. Pilati

Energy, 1976, vol. 1, issue 2, 123-131

Abstract: This paper evaluates the total (direct and indirect) construction requirements for the energy program proposed in the President's 1975 State of the Union Message. Using a linear model of the U.S. economic system, the total material, energy, manpower, and capital requirements are evaluated. It is shown that indirect requirements for material and manpower exceed direct inputs in most cases, so focusing on direct requirements alone can lead to serious underestimates in resource requirements. Since the proposed program involves an acceleration of capital investment in the energy sector, the impact of diverting these funds from other activities is also discussed.

Date: 1976
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:1:y:1976:i:2:p:123-131

DOI: 10.1016/0360-5442(76)90011-6

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