Energy as a determinant of investment

Noel D. Uri

Energy, 1981, vol. 6, issue 1, 1-8

Abstract: We investigate the importance of energy in the investment decision process. Based on empirical results, it is clear that for energy-intensive industries, as well as for the economy as a whole, energy is important in adequately explaining investment behavior. Beyond this, there is a strong indication that, over the period of dramatically rising energy prices, energy has had an increasingly large effect on investment decisions. To the extent that rising energy prices (in real terms) are realized in the future, the effect on economic growth will be nontrivial.

Date: 1981
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/0360544281900980
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:6:y:1981:i:1:p:1-8

DOI: 10.1016/0360-5442(81)90098-0

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().