The Effects of Energy Price Changes on Commodity Prices, Interprovincial Trade, and Employment

by James R. Melvin

This study investigates how an increase in the price of petroleum and natural gas would alter commodity prices in Ontario, and then estimates the effects on production and employment. A 100 per cent increase in energy prices is assumed. Using the Ontario input-output table it is found that commodity price increases would be relatively small, on average 2.7 per cent over-all and less than 1.6 per cent in basic manufacturing. However, using Cobb-Douglas...

• Format: Paperback
• Language: English
• ISBN: 0802033377
• ISBN13: 9780802033376
• Release Date: December 1976
• Publisher: University of Toronto Press
• Length: 112 Pages
• Weight: 0.38 lbs.
• Dimensions: 0.2" x 6.1" x 9.2"
• Grade Range: Postsecondary and higher