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Title: Energy conservation and the demand for labor: evidence from aggregate data. Final report Oct 80-May 81

Technical Report ·
OSTI ID:5400963

The objective of this study was to explore the relationship between aggregate employment and output, with special reference to the 1979-1980 experience. An indirect relationship was posited between energy price shocks and the occupational mix. Specifically, it was hypothesized that the energy price shocks of 1978-1979 (and possibly 1973-1974) may have created new investment opportunities for simple, short term energy conservation type investments which may, in turn, have increased the demand for blue collar labor. A framework for viewing the problem is described and the basic hypothesis tested by estimating a time series model of occupational/industrial employment patterns. Included in the model is a set of variables designed to measure the energy price shocks.

Research Organization:
Urban Inst., Washington, DC (USA)
OSTI ID:
5400963
Report Number(s):
PB-82-134180
Country of Publication:
United States
Language:
English

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