Conference on the political economy of depletable resources

Conference · Wed Jan 01 04:00:00 EST 1975

OSTI ID:7199975

Basic economic and political science research applicable to current energy-related policy questions was discussed at this conference. Session 1, which dealt with public choice and resource use, identified the need for research on the role of institutions as they grow and respond to economic and political forces. Session 2, on cartels and coalitions of countries and corporations, pinpointed the need for research on: (1) the theory of cartel formation and behavior; (2) development of models to test political and economic trade-offs; (3) the implications of cartel models in the theory of conventional international trade; (4) a study of the short and long term effects of OPEC on international economic order; and (5) a review of the effect of cartels on third world countries. Session 3, on the political economy of shortages, focused on government interference in the market and recommended a study to limit the power of legislators. An appendix contains some of the prepared remarks of participants. (DCK)

• Research Organization: Maryland Univ., College Park (USA); University of Maryland, College Park, MD 20742
• OSTI ID: 7199975
• Report Number(s): NP-20645
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200* -- Energy Planning & Policy-- Economics & Sociology
290400 -- Energy Planning & Policy-- Energy Resources
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
ALLOCATIONS
CONSUMPTION RATES
ECONOMICS
ENERGY
ENERGY POLICY
ENERGY SHORTAGES
GOVERNMENT POLICIES
INDUSTRY
INTERNATIONAL ORGANIZATIONS
MEETINGS
OPEC
PETROLEUM INDUSTRY
RESEARCH PROGRAMS
RESOURCES
TRADE