his volume brings together and expands on research on the subject of energy T security externalities that we have conducted over a twenty-year period. We were motivated to bring this work together by the lack of a comprehensive analysis of the issues involved that was conveniently located in a single document, by the desire to focus that disparate body of research on the assessment of energy security externalities for policy purposes, and by the continuing concern of researchers and policymakers regarding the issues involved. Many misconceptions about energy security continue to persist in spite of a large body of research to the contrary, and we hope that this volume will help to dispel them. Most of our original research was funded by either the U.S. Department of Energy or Resources for the Future (RFF), and all of it was conducted while we served as staff members of RFF. To these institutions, and to the many individuals who commented on our original work, we wish to express our sincere gratitude. We also wish to express our appreciation to our colleague Margaret Walls for her sub stantial contribution to Chapter 7 on transportation policy."

The oil price shocks of the 1970's led to severe recessions in the 1980's in the United States. Originally published in 1989 in the aftermath, Bohi attempts to show both how energy prices can cause a decline in output and employment and to explore important other factors which led to the recessions using the US, United Kingdom, Japan and Germany as examples. The findings in Energy Price Shocks and Macroeconomic Performance have major implications for energy policy and questions government plans which focus solely on preventing another oil supply disruption. This title will be of interest to students of environmental studies and economics as well as professionals.

Originally published in 1984, Douglas A. Bohi and Michael A. Toman have produced a convenient reference source about disparate elements in the theory of nonrenewable resource supply and about general issues that arise when applying dynamic economic analysis. The authors emphasise the inherently dynamic nature of resource supply decisions, the effects of resource depletion on costs and behaviour, and the influence of uncertainty about costs, prices, and reserves. This title will be useful to students interested in environmental studies and economics, practitioners, and others who need to know more about complex interactions of economic forces and the resource base.

This book, first published in 1982, takes the interaction between the domestic economy and the international trade in oil and, through the use of a consistent microeconomic framework, examines the conditions under which energy and related policies may or may not improve the performance of the U.S. economy, during both normal periods and old supply disruptions. This title will be of interests to students of environmental management.

Originally published in 1984, Douglas A. Bohi and Michael A. Toman have produced a convenient reference source about disparate elements in the theory of nonrenewable resource supply and about general issues that arise when applying dynamic economic analysis. The authors emphasise the inherently dynamic nature of resource supply decisions, the effects of resource depletion on costs and behaviour, and the influence of uncertainty about costs, prices, and reserves. This title will be useful to students interested in environmental studies and economics, practitioners, and others who need to know more about complex interactions of economic forces and the resource base.

This book, first published in 1982, takes the interaction between the domestic economy and the international trade in oil and, through the use of a consistent microeconomic framework, examines the conditions under which energy and related policies may or may not improve the performance of the U.S. economy, during both normal periods and old supply disruptions. This title will be of interests to students of environmental management.

First Published in 2011. This title takes econometric studies as data; it examines their assumptions, investigates their methodologies, contrasts the data sets they use, and compares their results. By informing users what they can and cannot expect from researchers, it can sharpen the criteria that are used to commission such studies and judge their results. By examining an array of studies dealing with the same or related phenomena, Bohi can analyse the ways in which decisions made by researchers affect their results. All while considering inferences surrounding the role of econometric demand estimation in formulating policy and understanding demand behavior.

First Published in 2011. Routledge is an imprint of Taylor & Francis, an informa company.

The oil price shocks of the 1970's led to severe recessions in the 1980's in the United States. Originally published in 1989 in the aftermath, Bohi attempts to show both how energy prices can cause a decline in output and employment and to explore important other factors which led to the recessions using the US, United Kingdom, Japan and Germany as examples. The findings in Energy Price Shocks and Macroeconomic Performance have major implications for energy policy and questions government plans which focus solely on preventing another oil supply disruption. This title will be of interest to students of environmental studies and economics as well as professionals.

his volume brings together and expands on research on the subject of energy T security externalities that we have conducted over a twenty-year period. We were motivated to bring this work together by the lack of a comprehensive analysis of the issues involved that was conveniently located in a single document, by the desire to focus that disparate body of research on the assessment of energy security externalities for policy purposes, and by the continuing concern of researchers and policymakers regarding the issues involved. Many misconceptions about energy security continue to persist in spite of a large body of research to the contrary, and we hope that this volume will help to dispel them. Most of our original research was funded by either the U.S. Department of Energy or Resources for the Future (RFF), and all of it was conducted while we served as staff members of RFF. To these institutions, and to the many individuals who commented on our original work, we wish to express our sincere gratitude. We also wish to express our appreciation to our colleague Margaret Walls for her sub stantial contribution to Chapter 7 on transportation policy."